Juwai.com and Auction.com have formed a venture that will allow the American top real estate marketplace to gain access to Juwai.com’s exclusive audience, reports CRE Direct (3 June 2015). Rick Sharga, Executive Vice President of Auction.com, said Chinese investors are active and interested, and an opportunity to market directly to them exists, which would make their currently most-expensive markets “look like bargains to investors in Hong Kong and Singapore.” Hailing this venture with Juwai as a huge market opportunity, Sharga further explains that Auction.com has sold some 1,000 assets and 50,000 homes, and that gaining access to another 2.6 million Chinese buyers is significant. [This article is available for subscribers only.]