Why did the auction houses in Jiangsu and Zhejiang increase tenfold in three years?

On the "Judicial Auction Channel", the number of auction houses all over the country is increasing year by year. The number of auction houses in Jiangsu, Zhejiang, Shanghai and Henan increased significantly this year. Especially in Jiangsu and Zhejiang, the number of auction houses has increased by 10 times in three years, from more than 20,000 to 260,000.

However, the online auction rate is still high. Statistics show that the auction rate of assets with a starting price of over 100 million yuan is above 90%, especially industrial buildings, hotels, office buildings, shops and other commercial buildings. In the hot period of the property market, the transaction rate of the house is the best, but auction is also a common phenomenon.

"Jiangsu and Zhejiang private economy is developed, and enterprises borrow a lot. As the economy goes down, business becomes more and more difficult, which leads to the break of the capital chain and insolvency. In the end, it is either running or the court is forced to auction assets. " A person from a company specializing in legal auction in Zhejiang told us that behind the obvious increase of legal auction houses this year, it reflects the depression of the real economy.

The number of auction houses has increased rapidly.

In terms of the number of legal auction houses in China, especially in Jiangsu and Zhejiang. In the past three years, Jiangsu and Zhejiang law auction houses have been showing a spurt growth.

2065438+On July 25th, 2004, there were 24744 legal auction houses in Jiangsu and Zhejiang provinces. 20 15 Jiangsu provincial court auctioned 44254 times online, and auctioned 18336 lots, with 7249 transactions.

According to online reading, as of June 2, 2006, there were 28,232 houses auctioned in Zhejiang, including 22,867 houses in Wenzhou, 20 houses in Hangzhou and 234 houses in Ningbo, an increase of 200 houses over the previous day.

Jiangsu auction house 133526 sets, including Suzhou 2508 1 set, Wuxi 19909 sets, Xuzhou 12853 sets and Changzhou 10803 sets, an increase of 203 sets over the previous day. These include properties that are in progress, about to start shooting, and have ended in the past year or so.

"I took it three times before last year, and the first auction price was generally 15% off the evaluation price. If it is an auction, the second and third houses will be sold on the basis of the previous one, but this year it was changed and only taken twice. Generally, the first auction is 20% off the evaluation price, but some start at the evaluation price and some can get 30% off. Different assets are different. They will be sold after two auctions. If they fail again, they will not be taken away. A judge of a district people's court in Wuxi told the reporter.

Take Suzhou as an example. Since 65,438 on February 29th last year, there are 25,040 auction houses that have been auctioned and are currently listed. 7360 entered the second beat for the first time.

Statistics show that only 40 of Jiangsu's 500 real estate auctions with assets of hundreds of millions were successful, and the auction rate exceeded 90%. Property types mainly include pure houses, industrial plants, office buildings, hotels and commercial land.

Wuxi Taihu West Avenue 1 188- 1 256 sets of office real estate with an estimated value of 500 million yuan. Last year, the price of the third auction fell to 324 million yuan, and it still suffered a auction, and no one took over.

Commercial real estate on the north side of Chuangye Avenue in gaogang district, Taizhou. At present, the property is managed by Red Star Macalline. 2065438+The auction price in August 2006 was 326 million. A person from Suzhou Trust, the creditor of the asset, told the reporter that the money borrowed from Suzhou Trust could not be paid, so it had to be auctioned and auctioned in court. Now it is mortgaged to creditors and still looking for a buyer.

Due to the bankruptcy of the company, most factories need to dispose of assets. The turnover rate of factories is above 80%, and that of shops is above 60%. The turnover rate of houses is the highest, and there is also a high premium when the property market is hot this year.

In September last year, Suzhou Ding Real Estate Development Co., Ltd. entered the court bankruptcy liquidation procedure, and dozens of properties in Suhe Dingcheng Garden under its name were auctioned online, but the premium rate was not high, only tens of thousands higher than the auction reserve price, and even some properties were auctioned off.

In the first half of March this year, auction houses in Hangzhou repeatedly broke out at high prices, and the final transaction price of many houses was much higher than the market price. For example, on April 6th this year, a set of rooms 42 108, No.2 Yulan Road, Yuhuatai District, Nanjing, was planned as a villa with a construction area of 265. 19 square meters. The construction year is 2003, and the starting price is 6.79 million yuan. Finally, after 528 bids, the transaction was made at12.5 million yuan. This year1October 20th, 10, another villa in this community was auctioned, with a construction area of 392.29 square meters, the starting price was 22.5 million yuan, and the transaction price was 34.54 million yuan, with a very high premium rate.

Why are there so many auction houses in Jiangsu and Zhejiang because the capital chain is broken?

A dealer who works as a liquor agent in Jiangsu told reporters that his friend also works as a liquor agent. At present, there are four houses being auctioned in Nanjing, because his customers can't get the project payment and can't afford his wine, which has a chain reaction. Business can't go on, all assets are frozen by the bank, including the house to be demolished, so we can only go to legal auction.

"My friend is a distributor of a second-line brand liquor. Every time he buys goods, he pays tens of millions of dollars. We are only district-level dealers. " The above liquor agent said that the second-hand housing market in Nanjing is very good. If you dispose of the property yourself, you can sell it, but the fourth suite is still insolvent. It is better to file for bankruptcy directly and hand over the house to the court for disposal.

"The private economy in Jiangsu and Zhejiang is developed, and people like to borrow money to do business. Once there is a problem with the business, they are insolvent, either running away or being forced to auction by the court. " A person from a company specializing in real estate agency in Zhejiang said.

On the auction website, we can see that eight sets of commercial properties, such as retail commercial land, commerce and residence, located in Fishing Port East Road, Shipu Town, Xiangshan County, Ningbo, have been transformed into hotels, which are idle and auctioned as a whole. The overall asset sale price is 654.38+004.5 million, and the appraisal price is 654.38+030.6 million. This is the first auction and the second auction, and now it is in the sale stage.

"The legal representative went bankrupt in business, mainly engaged in food processing. At first, personal assets were used as financing guarantee. However, due to the blind expansion of business in the past two years, in addition to investing in hotels, it has also opened stores all over the country and opened dozens. He went to Hainan to invest and build a factory, because he didn't know how to do it, which led to investment failure. " According to the entrusted agent, the reporter was told that in the end, the capital chain was broken and the assets were insolvent, so we could only go to the asset auction.

The intermediary said that although the property market in Ningbo was booming and the house prices in the county soared, they were in the town, and the house prices rose very little, requiring a one-time payment. Many people still feel a little financial pressure after reading it.

Another property is located in Suiyuan, Qiandaohu Town, Chun 'an County, Hangzhou, with a construction area of 38 1.06 square meters. The house was completed in 2009 with an estimated value of 7.79 million yuan. The first auction was more than 5 million yuan, and the second auction was 4.37 million yuan.

"I used to do mortgage loans here. When I bought it in 2009, I had to pay back more than 8 million yuan, borrowed 5 million to 6 million yuan, and paid back 30 thousand to 40 thousand yuan every month. After seven or eight years, the enterprise's capital chain was broken, and I couldn't afford to repay the loan. There are too many debts to supply the house. " The above-mentioned Qiandao Lake auction real estate loan bank told reporters.

"We are a county-level city here, which is different from Hangzhou. The property market is not so good, and the information is delayed. This year's market is much better than last year, but it has not been sold yet. He has already cut off his supply. The bank must sue him and has gone through legal proceedings for auction. " The business manager of the loan bank said.