Study Of The Fund-Raising Of Shananxi Fu Wan Jia Real Estate Agency

At present, the real estate development is facing a period of critical challenge. In order to control the rising house price, our government has put forward and carried out so many practical ways and measures on real estate regulation in the last few years. In the past, when a real estate got a loan from a bank, its program reserve funds rate was low, but now the rate has been increased. In terms of the land administration the government has used many high-tech means, such as satellite remote sensing etc; it has strengthened the land change management system, and has applied public auction to the land transfer. The government has also brought out a series of detailed principles to regulate the building demolition, and at the same time a limited house purchasing has been available. The government's regulation has taken a positive role in the price stabilization and the real estate development.With the government's regulation, funds have become a problem for the real estate agencies. Despite the rigid restrictions on the granting loan, the house prices in many cities in our country keep high, however the increasing rate has a big drop, so the sales of house declines. Compared with other businesses, fund-raising of the real estate is slower, so with the government's regulation, there are often many funds problems in those companies. The real estate belongs to capital-intensive business, so with all the new policies, the traditional channel of fund-raising has obviously been inadaptable to the business change, and has restricted the development of the real estate; therefore it is inevitable to expand the fund-raising channels. And how to set up a multi-level fund-raising system so as to meet fund-raising diversification is a main problem for the fund-raising of the real estate in our country. This article takes a typical small and medium-size real estate agency as an example (Shananxi Fu Wan Jia Real Estate Agency), and will analyze the definitions of some fund-raising methods and make a feasibility study. Then it will choose a proper fund-raising channel for this company.