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Do real estate developers need to rent brand property companies?
Real estate developers need to rent brand property companies. Before 20 17, the newly-built residential property company was designated by the developer. When some developers designate property companies, the property companies designated for various reasons are often unable to satisfy the owners, and there are many property disputes in new residential areas around the country. For example, property charges are too high, property services are not in place, and so on, and there have even been many incidents in which owners have asked for the replacement of property companies. 20 17 according to the provisions of article 24 of the regulations on property management, the state encourages construction units to select property service enterprises through bidding according to the principle of separating real estate development from property management. The construction unit of the newly-built residential area shall select the realty service enterprise through bidding; If the number of bidders is less than 3 or the residential scale is small, with the approval of the Housing and Urban-Rural Development Bureau of the district or county people's government where the property is located, the property company may be selected by agreement. Developers generally determine the property company through bidding before handling the pre-sale permit, otherwise they may not handle the pre-sale permit. Therefore, the property company is not designated by the developer, but determined by bidding. The property service contract is valid for two years, during which the property company cannot be changed at will. I hope the answer will satisfy you.
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