What are the procedures for bidding for residential property?

Legal analysis: The general process of property management bidding is as follows: 1. Select the bidding method. Whether it is public bidding or invitation or negotiation. 2. Set up a bidding leading group. 3, determine the bidding project, bidding guidelines and principles. Bidding is an economic activity carried out in full accordance with the procedures prescribed by law, and the whole process must be carried out in strict accordance with the relevant provisions of the law, otherwise disputes may arise.

Legal basis: Bidding Law of People's Republic of China (PRC).

Article 5 Bidding activities shall follow the principles of openness, fairness, impartiality, honesty and credibility.

Seventh bidding activities and their parties shall accept supervision according to law. The relevant administrative supervision departments shall supervise the bidding activities according to law, and investigate and deal with illegal acts in bidding activities according to law. The administrative supervision of bidding activities and the specific functions and powers of relevant departments shall be stipulated by the State Council.