Does industrial land involve the sale of properties that need bidding?

If the residential scale is small, with the approval of the real estate administrative department of the district or county people's government where the property is located, the property management company may be hired without bidding.

The state encourages other property construction units to choose property management enterprises with corresponding qualifications through bidding. Bidding is a term in the bidding industry, which means that the tenderee, that is, the buyer, sends out a tender notice or tender sheet in advance, puts forward the variety, quantity, technical requirements and relevant trading conditions at the specified time and place, and invites the bidder, that is, the seller, to participate in the bidding.

Legal basis: Article 3 of the Interim Measures for the Administration of Tendering and Bidding of Early Property Management.

Residential and non-residential construction units within the same property management area shall select and employ property management enterprises with corresponding qualifications through bidding; If the number of bidders is less than three or the residential scale is relatively small, with the approval of the real estate administrative department of the district or county people's government where the property is located, a property management enterprise with corresponding qualifications may be selected by agreement. The state encourages other property construction units to choose property management enterprises with corresponding qualifications through bidding.