Most of their fancy is some second-hand real estate and cars.
Because almost all of the products sold by the company are involved in certain lawsuits and paperwork is complicated, so most ordinary people are not very interested in such transactions.
There have been many cases in the past. For example, a judicial auction house was taken, but the original owner refused to move out. In the end, the buyer was overwhelmed.
Because of this, foreclosed houses are generally sold at a lower price than the market price. If one is not afraid of trouble, one can save some money.
Since everyone is here to pick up and miss, it is difficult for judicial auctions to have a passion for outside auctions.
At outside auctions, sometimes two or more parties compete for a commodity, hundreds of thousands of items. In the end, because of mutual bidding and vindictiveness, the last few million transactions are also everywhere.
Participating in the judicial auction, everyone wants to save money and pick up the leaks. Everyone hopes to get a 20% discount for a house with a market price of one million. If it doesn’t help, they will try to get a 10% discount. Once the 10% discount is exceeded, the attractiveness will drop sharply.
Therefore, such auctions are generally not interesting.
At ten o’clock, the auctioneer stepped in.
Since everything is simple and fast, there are no extra cuts. As soon as the auctioneer came on stage, he went straight to the topic and said: “Thank you all for participating in this judicial auction. The first item we are going to auction today is an Audi A6 under the company’s name. The car has been licensed for three years and has a mileage of 113,000 kilometers. It has a starting price of 150,000 and a minimum bid of 1,000. It will start now. “
A used car like this, in the same condition. For second-hand cars, the transaction price in the normal market is generally around 210,000.
Because the ceiling is 210,000, everyone bids very sensibly.
After several bids, the price was mentioned as 180,000 all the way, many bidders gave up, only two people still insisted.
However, as the price was approaching the ceiling, the remaining two were also very cautious in bidding. A few minutes later, one of them raised the price to 195,000, and the other did not follow suit.
The auctioneer immediately announced that the first lot had been sold for 195,000.
In the box, Issac looked through the auction materials at random and said to Charlie: “Master, there are eleven cars participating in the auction today. After the cars are sold, the auction will begin for the property. Your parents’ former residence is listed in the real estate. The first one has a starting price of 880,000.”
“I have already briefed the man, no matter what the price is called, he will follow to the end, and he will definitely help you take this house!”
FAQ Novel
Q: What significant choice does Su face in this chapter?
A: Su must decide whether to act against Liona, balancing the family’s public image against potential internal strife with his eldest son, Zynn.
Q: Why are judicial auctions often less popular than other types of auctions?
A: Judicial auctions typically involve properties with complex legal issues and paperwork, which can deter ordinary buyers despite potentially lower prices.
Discuss your reactions to the events of this chapter with other fans.