Word of the Day - January 2, 2019

FUDOUSAN-YA – 不動産屋 – Real Estate Japan’s Word of the Day

不動産屋

FUDOUSAN-YA

Real Estate Japan‘s Word of the Day for January 2, 2019


Good to know

  • Many real estate agents in Japan do not speak English.
  • takken,宅地建物取引士(たくちたてものとりひきし),  is a Real Estate Transaction Manager. This is a national-level Japanese real estate industry certification that is similar to a broker’s license in the United States, but requires a higher level of transaction and legal knowledge. Every real estate agency in Japan is required by law to have at least one takken on its payroll.
  • An intermediary (chukai, 仲介)  in Japan is allowed to introduce a buyer to a seller but has no legal authority to bind the seller. Only an agent is legally able to conclude a binding sales agreement directly with a buyer with respect to the seller’s property.

Related Vocabulary:

FUDOUSAN – 不動産 – Real Estate (January 1, 2019)


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