What fees does Poly Jin Jue Apartment Auction House need to pay?

Real estate is taxed according to the area of the house and whether it is over five years, just like buying a house normally, deed tax (business tax). In addition, you have to pay the auction commission.

When the property right of the house under judicial auction is handled, the buyer and the seller are required to pay the relevant taxes as high as 1 1.6%. According to the regulations, for ordinary houses with a housing area of less than 90 square meters, the buyer pays 3% deed tax (if the buyer only has one suite, it will be levied according to 1%); For ordinary houses with an area of more than 90 square meters and less than 144 square meters, the buyer of family-specific houses pays the deed tax of 1.5%, and the buyer of non-family-specific houses pays the deed tax of 3%; For non-ordinary houses (including villas) with an area exceeding 144 square meters, the buyer shall pay the deed tax at 3%.

Auction commission refers to the service fee charged by the auctioneer to the client and the buyer according to a certain proportion of the auction transaction price. According to the provisions of the Auction Law of People's Republic of China (PRC), the auctioneer may charge the buyer a commission not exceeding 5% of the transaction price. According to international practice, the commission rate of art auction is generally 10%.