Be careful when buying property-style hotels! Be careful of "escrow" turning into "delayed payment"

To save trouble, the landlord, Mr. Mei, entrusted the house to "One Butler" and collected the rent every month. However, the rent began to be in arrears after three months, and later he couldn't even find a salesperson. I found "Yi Guanjia", but the other party said that the tenant ran away because he did not pay the rent...

The reporter found that there are many housing management companies in the Shanghai housing rental market. They start from the landlord. Signing a house for "escrow", claiming that the landlord can make a steady profit without losing money. This kind of custody behavior is called "house banking" in the industry, which means that the house is as safe as being deposited in a bank. But is house hosting really that beautiful?

The rent was “slowed down” soon after the hosting period

Consumer Mr. Mei reported to reporters that he had an idle house in Pudong that he wanted to rent out. In July last year, I entrusted Aiwu Jiwu agency to rent out the property. Then, a house management company called "Yi Guanjia" came to the door and claimed that it could provide house management services for Mr. Mei. As long as the house was managed by them, the landlord did not have to take care of anything and the monthly rent would be paid on time.

Since he didn’t have much time to meet the tenants, Mr. Mei agreed when he heard that trusteeship was so trouble-free. The two parties signed a contract through Aiwu Jiwu, and Mr. Mei rented the house to Yiguanjia. The contract period was three years and the monthly rent was 5,000 yuan. The payment method is one deposit and one payment, and the rent is paid on the 23rd of each month. If payment is delayed, a late fee of 50 yuan per day will be paid. The contract also stipulates that the house can be closed for 10 days every year, not counting the rent. When signing the contract, Mr. Mei saw that Yiguanjia’s company name was Shanghai Yihuo Network Technology Co., Ltd.

In the first two months, Mr. Mei received a rent payment of 5,000 yuan from the housekeeper on time on the 23rd of every month. However, starting from the third month, the housekeeper started to default on rent payments, and he needed to be reminded several times before he could pay. "October started to be abnormal. I kept defaulting on my arrears. Every time I went to urge them, they called me a few days after the reminder. At first, it took three to five days after the reminder. By December, it was postponed to January this year. "It has been delayed for more than ten days every month," Mr. Mei complained. He originally thought that he could collect the rent at home after the house was put into custody, but he did not expect that he would have to collect the rent by himself every month.

On January 23 this year, the rent once again failed to arrive as scheduled. This time, Mr. Mei called, but he couldn’t even find the other person’s salesperson. This time, Mr. Mei finally Can't sit still. He then called Aiwujiwu, who was providing intermediary services for them at the time, and asked them to find a housekeeper. As a result, Aiwujiwu replied that the contact person on the contract had resigned and they could not find the other party.

Yi Guanjia promised to pay late fees

After calling Yi Guanjia many times, the reporter finally contacted its financial director, Ms. Wu. She explained that due to some changes in the company’s personnel after the year, The colleague who was originally responsible for the payment resigned, so this happened, and said that he would pay the rent for January to Mr. Mei as soon as possible.

As for Mr. Mei’s rent being in arrears, Ms. Wu said that this was indeed caused by their negligence in their work, and they would pay the relevant late fees in accordance with the contract.

As for multiple landlords reporting that Yi Guanjia is in arrears with rent, does Yi Guanjia have a capital chain problem? Under the reporter’s questioning, Ms. Wu admitted that the company does have certain financial difficulties at present, which has led to the landlord’s rent arrears. Delinquent. At the same time, she also complained because the tenants also defaulted on their rent. Ms. Wu said that Mr. Mei’s rent was not paid on time because the tenant ran away after living there for a few months. She also said that the company will further strengthen the review of tenants to reduce risks.

It seems easy but has many hidden dangers

House management may look beautiful, but in the end, both the landlord and the management company seem to be the victims. Although a housekeeper claimed that the tenant ran away without paying the rent, Mr. Mei had no idea who was living in his house.

Industry insiders pointed out that for landlords, although choosing house hosting is worry-free and labor-saving, it also faces dual risks from tenants and hosting companies.

Generally speaking, after the landlord chooses to put the house in trust, he has lost the initiative to choose tenants and has no idea who will live in the house. If he encounters low-quality tenants, he will not only default on the rent, but also damage the house.

Another risk comes from housing management companies. The person said frankly that it is difficult for the hosting company to ensure the normal operation of the company just by relying on the rent difference. Some hosting companies adopt the method of subletting, renting the rented house to multiple tenants, and even adding some partitions to transform it into a group rental house, so as to maximize the profit of the entire house. And if investigated, the landlord must also bear responsibility.

Moreover, there are also risks in payment methods. Generally speaking, the payment method agreed between the hosting company and the landlord is one payment per payment to shorten the funding cycle as much as possible. When renting to tenants, the shortest payment method is to pay three deposits and one deposit, and the longer payment method is even one payment every six months or one year, so that the custody company has the initiative of the funds. There have been cases before where hosting companies collected rent from tenants in advance and then walked away with the money, causing both landlords and tenants to be cheated.

In fact, some companies engaged in house management do not have relevant qualifications. The reporter learned from the industrial and commercial department that engaging in house hosting and subletting services is not a type of housing agency brokerage. Even a company that has obtained the business scope of "real estate brokerage" is suspected of operating beyond its scope if it engages in house hosting services.

(The above answers were published on 2017-04-24, please refer to the actual current relevant home purchase policies)

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