Many real estate companies in Japan are closed on Wednesdays. It seems that the origin of Wednesday is the day when the contract flows on the water, or the day when the contract is cancelled. In line with that Wednesday, we have set consecutive holidays, with Tuesday the previous day and Wednesday as holidays. It is often adopted by major real estate companies whose main business is brokerage.
Some companies are closed on Wednesdays only, while others are closed on Wednesdays and every other Tuesday. By the way, some old small companies are closed on Sundays and holidays. In addition, even among major real estate companies, most of the companies whose main business is the corporation have holidays on Saturdays, Sundays, and holidays, and many of them work on weekdays. Also, I think that it is the same in other countries, but there are many companies that are members of the franchise brand of real estate. For example, Century 21 has around 1,000 stores in Japan, private companies and companies with a few staff members have joined Century 21 and are operating under the brand power. The uniform logos, uniforms, and training provided by the operating company make it possible for small companies to form a group and carry out advertising with a relatively small budget. However, payment of merchant fees, such as following certain rules and paying margin for sales, is a condition. Real estate companies have a strong side-to-side connection, and there are many cases in which they encourage each other to share their custody properties, request sales, and purchase properties before they enter the market. When the seller is a real estate agent, and the seller has an intermediary agent, in many cases the agent can ask the seller to purchase the real estate at a lower cost than entering the market. Of course, there are reasons for not going directly to the market, and vendors can buy for various reasons, such as hurrying sales, poor building conditions, many right holders, or problems. A real estate company will perform such a lubricating oil function, so that the real estate can be purchased by ordinary individuals with peace of mind. Comments are closed.
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AuthorArrows International Realty Corp. Archives
April 2023
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