What does real estate auction mean?

The meaning of real estate bidding, auction and hanging is: bidding (land and resources bureau issued a notice of transfer)? Auction: auction or actual purchase (refers to the participation of enterprises in the auction), hanging: listing announcement of state-owned land, and publicizing the auction results.

The system of land bidding, auction and hanging refers to the management system of transferring the right to use state-owned land in China. There are four ways to transfer the right to use state-owned land in China: bidding, auction, listing and agreement.

The system of bidding, auction and hanging originated in Europe and America and is widely used in Hong Kong. At present, the bidding, auction and hanging forms of operating land in China's real estate industry are all formulated with reference to Hong Kong's land auction rules.

As the most important thing in managing urban land and standardizing the order of land market, bidding and auction of operating land use right can theoretically prevent corruption in the field of land leasing, and is also a fundamental measure to improve the level of urban land management and improve the investment environment. It has obvious advantages over agreement transfer, which can make land transfer at a fairer and more reasonable price, reduce human interference factors and put an end to corruption.

Auction transfer

1. Working out the work plan: working out the pre-auction work plan and reporting it to the leaders of the center and the bureau for approval.

2. Prepare the auction documents: prepare and print the auction documents according to the land information provided by the business office.

3. Issuing auction announcement: The transferor shall issue an auction announcement at least 20 days before the auction start date, and announce the basic situation, auction time and place of the land sold by auction.

4. Sale of auction documents: sell auction documents at the time specified in the auction announcement, and organize on-site reconnaissance.

5. Organizing on-site reconnaissance: organizing interested bidders to conduct on-site reconnaissance and answer questions on the plots to be sold.

6. Acceptance of bidding application: Within the time specified in the auction announcement, the bidder shall apply for bidding with a bidding application, a copy of the business license, a real estate development qualification certificate (unless otherwise specified), a copy of the legal representative's ID card (or a copy of the power of attorney and the entrusted agent's ID card), and pay a bid bond.

7. Review bidding qualification: according to the requirements of auction documents, review the development qualification and integrity records of bidding applicants, and issue a notice of confirmation of bidder qualification and a bidding number plate to those who meet the requirements.

8. Hold an auction: hold an auction at the time and place specified in the auction announcement. The bidder and the transferor sign the transaction confirmation on the spot and pay the deposit and commission at the same time.

9. Announce the closing result: After the auction is over 10 working days, the transferor shall announce the auction result in the tangible land market or designated places and media, and return the bid bond.

10. signing the assignment contract: the bidder shall sign the assignment contract for the right to use state-owned construction land with the transferor within 10 days from the date of signing the transaction confirmation.

Tender transfer

1. Work plan: Work out the preliminary work plan and report it to the leaders of the center and bureau for approval.

2. Tender preparation: according to the land information provided by the business office, prepare and print the auction documents.

3. Issuance of tender notice: The transferor shall issue a tender notice at least 20 days before the start date of tender, and announce the basic information, tender time and place of the land to be tendered.

4. Selling the bidding documents: selling the auction documents according to the time specified in the bidding announcement, and organizing on-site reconnaissance.

5. Organizing on-site reconnaissance: organizing interested bidders to conduct on-site reconnaissance and answer questions on the plots to be sold.

6. Acceptance of bidding application: Within the time specified in the tender announcement, the bidding applicant shall apply for bidding with a bidding application, a copy of the business license, a real estate development qualification certificate (unless otherwise specified), a copy of the legal representative's ID card (or a copy of the power of attorney and the entrusted agent's ID card), and pay a bid bond.

7. Review the bidding qualification: according to the requirements of the bidding documents, review the development qualification and integrity records of the bidding applicants, and notify them to participate in bidding activities if they meet the specified conditions.

8. Bidding: The bidder will put the expression into TEU before the bidding deadline.

9. Bid Opening: The transferor shall open the bid at the time and place specified in the tender announcement and invite all bidders to participate.

10. Bid evaluation: The bid evaluation team will evaluate the bid documents according to the bid evaluation standards and methods determined in the bidding documents. The tenderer shall determine the winning bidder according to the evaluation results and sign the transaction confirmation.

1 1. Announce the transaction result: within 10 working days after the bidding activity is over, the transferor shall announce the bidding result in the tangible land market or designated places and media, and return the bidding deposit.

12. signing the assignment contract: the bidder shall sign the assignment contract for the right to use state-owned construction land with the transferor within 10 days from the date of signing the transaction confirmation.

Listing and sales

1. Work plan: Work plan for the pre-listing period shall be worked out and submitted to the leaders of the center and bureau for approval.

2. Prepare the auction documents: prepare and print the auction documents according to the land information provided by the business office.

3. Publish the listing announcement: The transferor shall publish the listing announcement in the designated media at least 20 days before the listing start date, announcing the basic situation, listing time and place of the land to be sold.

4. Selling listing documents: selling listing documents within the time specified in the listing announcement, and organizing on-site reconnaissance.

5. Organizing on-site reconnaissance: organizing interested bidders to conduct on-site reconnaissance and answer questions on the plots to be sold.

6. Acceptance of bidding application: Within the time specified in the listing announcement, the bidder shall apply for bidding with bidding application, copy of business license, real estate development qualification certificate (unless otherwise specified), copy of legal representative's ID card (or power of attorney, copy of entrusted agent's ID card), "bidder's power of attorney" and copy of ID card, and pay the bid bond.

7. Qualification examination for listing: according to the requirements of listing documents, the development qualification and integrity records of bidders shall be examined, and the qualified bidders shall be issued with a Notice of Qualification Confirmation to inform them to participate in listing activities.

8. Listing: At the time specified in the listing announcement and in trading places, the transferor announces the land parcel, the latest quotation and other information, and constantly accepts new quotations and updates the listing quotation. After the quotation deadline, if there are still bidders bidding, you can fill in the bidding application form and fax it to the place specified in the listing document.

9. Unveiling: On the second day after the listing deadline stipulated in the listing announcement, whether the transaction is completed and the bidder is determined according to the listing documents. The bidder and the transferor sign the transaction confirmation and pay the deposit. At the same time, conduct on-site bidding for the listed plots that need on-site bidding, sign the transaction confirmation with the bidders, and pay the deposit and commission.

10. Announce the closing result: Within 10 working days after the listing activity, the transferor shall announce the listing transfer result in the tangible land market or designated places and media, and return the bid bond.

1 1. Sign the Assignment Contract: The bidder shall sign the Assignment Contract for the Use Right of State-owned Construction Land with the transferor within 10 days from the date of signing the transaction confirmation.

Extended data:

A set of scientific, reasonable and perfect land auction and auction system can end the "black-box operation" of land supply by agreement under a certain system and enter a new era of open land supply transactions. Because of this, some people call the promulgation and implementation of the land bidding, auction and listing transfer system "land revolution" in China.

The advantages of this system are:

First, the land use right is listed by bidding, auction and listing to prevent and avoid corruption. Land use is not open, and it is inevitable to be mixed with "behind-the-scenes transactions". For the benefit of individuals or small groups, some land use rights authorities often take the opportunity to collect wealth, enrich individuals, harm the country, and directly lead to the loss of state-owned assets.

Two, the implementation of bidding auction listing transferring land use rights, is conducive to the healthy development of the real estate market. The implementation of public bidding, auction and listing of land has reduced many intermediate links and greatly reduced the space for buying and selling land.

Thirdly, bidding, auction and listing of land use rights are conducive to the transfer of land use rights, the separation of real estate and the improvement of land development efficiency. The land supply mode of "bidding, auctioning and hanging" is conducive to the rational use of land and overall planning. Due to the implementation of the land reserve system, the government will gradually convert the original land into cultivated land before bidding, auction and hanging, the demolition problem will be properly solved, the land development work will be basically completed, the surrounding municipal construction will be gradually improved, and municipal services such as water, electricity and coal will be arranged in a planned way. As long as the developers make the design drawings according to the planning requirements and get permission, they can start work smoothly, concentrate on improving the quality and service of the real estate, greatly shorten the real estate development cycle and effectively. Therefore, the efficient use of land in real estate development is inevitable.

4. Bidding, auction and listing of land use rights are conducive to fair competition in the land market. As the land can be auctioned publicly, all real estate developers can obtain the land use right through actual purchase, and both domestic and foreign-funded enterprises will stand on the same starting line through bidding, further embodying the market rule of survival of the fittest.

Five, the implementation of land use rights bidding, auction and listing is conducive to the improvement of the comprehensive strength of developers. Open "bidding, auction and hanging" means equal opportunities for real estate developers. As long as they have sufficient funds and strong economic strength, they can win in the competition. Small and medium-sized developers must adapt to the new planning, study the bidding requirements in depth, and do what they can according to their actual conditions, so as to occupy a place in the market and enhance their development capabilities. Developers with strong comprehensive strength will get greater opportunities and develop step by step. Developers who have no strength will gradually fade out of the market after losing in the competition again and again, leading to a reshuffle of the real estate market.

Six, the implementation of bidding, auction and listing of land use rights can more reasonably reflect the land use value. The government must make a correct evaluation of the land, adopt a reasonable bidding method, fairly evaluate the successful bidder, develop excellent buildings that meet the market requirements, and better reflect the land use value.

The above advantages of the bidding, auction and hanging system are based on the premise that the system itself is highly perfect, with strict and reasonable operating procedures and implementation rules, and a good political, legal environment and humanistic foundation. On the other hand, under the condition that government functions, social morality, legal system and supervision system, social political system and market economy system are not matched, promoting the reform of market system and property right system alone will not only fundamentally solve the efficiency problem of traditional system or system, but also bring new and more serious social equity problems.

References:

Baidu Encyclopedia-Bidding, Auction and Hanging