Ray White New Zealand is trying to assure Kiwis that a new partnership with China’s largest real estate agency isn’t designed to sell off more New Zealand homes to foreign buyers.
The company claims a recent Australian-led partnership with Chinese agency Lianjia, also known as Homelink, was established “in response to the increasing globalisation of the real estate industry”.
The agreement allows Ray White New Zealand and Australia to co-list its properties for sale with Lianjia, which has more than 6000 branches in over 25 cities in China and has an audience of around 260 million Chinese buyers. (more…)
Tags: Chinese, foreign buyers, Ray White, real estate