What does a real estate agent belong to? Is it a public institution?

Real estate agents belong to companies, not institutions.

The company is a for-profit enterprise legal person established in China in accordance with the Company Law, including limited liability companies and joint stock limited companies. It is a form of enterprise organization formed in the market economy to meet the needs of socialized mass production.

Institutions are generally public welfare institutions established by the state, but they do not belong to government agencies. According to the spirit of the classification reform of state institutions, institutions are no longer divided into fully funded institutions and balance allocation institutions, but into public welfare institutions and public welfare institutions. Now there are also emerging institutions that use state-owned assets and social capital. These institutions are not state-funded institutions.

To sum up, real estate agents belong to companies, not institutions.

Extended data:

According to the Company Law of People's Republic of China (PRC), the main forms of companies are limited liability companies and joint stock companies.

Limited liability company: refers to a company in which all shareholders of the company are liable for the debts of the company only to the extent of their capital contribution.

Joint stock limited company: refers to a company whose capital is divided into equal shares, and all shareholders are liable for the debts of the company only to the extent of their respective shares.

Company Law of the People's Republic of China

Article 2 The term "company" as mentioned in this Law refers to limited liability companies and joint stock limited companies established in China according to this Law.

Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys legal person property rights. The company is liable for its debts with all its property.

Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.

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