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August 11, 2021 | 10:23

80% of real estate exchanges must cease operations

Phan Dương

According to the Ministry of Construction, about 80 per cent of real estate exchanges, which are only acting as brokers, will have to close. Only real estate trading platforms belonging to large-scale enterprises with financial potential and directly acting as project investors will continue to operate. Real estate brokerage activities have not won the trust of consumers because non-eligible real estate or real estate projects are still being offered on the market.

80% of real estate exchanges must cease operations
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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