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April 2, 2018

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Home » Business » Real Estate

Home rental online platform goes on trial

SHANGHAI is trialing an official online platform for home rental for three months to better regulate the city’s home rental market and foster its steady development.

Launched at the weekend, the public service platform www.shzfzl.gov.cn, backed by the Shanghai Housing and Urban-Rural Development Administration and the Shanghai Housing Administration Bureau, will verify listings, register users’ real names and allow for online contract signing.

To enhance the platform’s operation, Shanghai has set up a city level residential leasing service center which will provide policy-related consultancy through its 962269 hotline. District-level service centers have also opened around the city to offer online contract signing service.

Residential leasing companies and real estate agencies should register with the platform while individual users such as the lessor, lessee and property agent should complete real-name registration with the platform which will adopt a number of verification methods, including face-recognition, to ensure proper identification.

Both institutional and individual lessors can list their houses for rent directly on the platform after their homes have been checked while individual lessors may also go to the district residential leasing service center to get their online listing verified.

A standardized leasing contract will be available on the platform for online signing.




 

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