How to deal with property auction

The method of handling property auction is as follows:

1. Re-auction: If the property is auctioned because there are insufficient bidders or the bid is too low, you can consider re-auction. Before the re-auction, the starting price can be appropriately reduced or the bidder limit can be increased to improve the auction success rate;

2. Transfer to other buyers: If the re-auction is still unsuccessful, consider transferring the property to other buyers. Before the transfer, full publicity and promotion are needed to attract more potential buyers;

3. Cancel the auction: If the reason for the real estate auction is that the real estate itself has serious problems or the value is too low, you can consider canceling the auction. Before canceling the auction, we must fully communicate and negotiate with the owners to avoid unnecessary disputes and losses.

The factors of property auction are as follows:

1. Fierce competition: If too many people bid for the property, or the bid is too high, the property may be auctioned. In this case, we can consider lowering the starting price or increasing the restrictions of bidders to improve the success rate of the auction.

2. Problems of the property itself: If there are serious problems or the value of the property is too low, the property may be auctioned. For example, the property may have structural problems, outdated decoration, remote location and other unfavorable factors.

3. Insufficient publicity: If the property management company does not fully publicize and promote the property auction information, it may lead to the property auction. In this case, it is necessary to strengthen publicity and promotion to expand the exposure and popularity of the property.

4. Regulatory restrictions: In some cases, laws and regulations may restrict property auction, such as meeting specific qualification requirements and obtaining approval from relevant departments. These restrictions may lead to the auction of property.

5. Market changes: Market changes may also affect the results of property auctions. For example, economic depression, policy adjustment and other factors may lead to the difficulty of real estate auction.

To sum up, when dealing with real estate auction, we need to analyze and deal with it according to the specific situation. At the same time, property management companies also need to strengthen the maintenance and management of property in their daily management, improve the value and attractiveness of property, and reduce the risk of property auction.

Legal basis:

"Provisions of the Supreme People's Court on Auction and Sale of Property in Civil Execution by People's Courts" Article 8.

The auction shall determine the reserve price. The reserve price of auction shall be determined by the people's court with reference to the evaluation price; If it is not evaluated, it shall be determined with reference to the market price, and the opinions of the parties shall be solicited. The reserve price determined by the people's court shall not be lower than 80% of the evaluation or market price at the first auction; If there is an auction target, the reserve price may be reduced as appropriate when the auction is held again, but the amount reduced each time shall not exceed 20% of the previous reserve price.