Lates News

Recently, Zhongyuan Real Estate Agency (Shenzhen) Co., Ltd. (referred to as "Shenzhen Zhongyuan") officially reached a strategic cooperation with Ali AssetsReal Estate, announcing that the two parties will carry out in-depth cooperation around online commercial auction of properties to promote the digital upgrade and innovative practice of Shenzhen's real estate transaction market. Industry insiders have stated that in the current real estate market environment, some owners are starting to look towards online auction markets, which are different from foreclosed properties and are referred to as "commercial auction properties". Commercial auctions differ from traditional foreclosures in that the entrustor of the commercial auction is generally an individual or a company with disposal rights, and they have the freedom to set prices, reflecting market trends. These properties can go through mortgage and offline transfer processes. It is reported that the two parties will deeply integrate Shenzhen Zhongyuan's professional offline service capabilities, rigorous selection of quality properties system, with Ali AssetsReal Estate's efficient, transparent, and wide-ranging online auction resources to provide buyers with better and more efficient choices. In the future, based on this resource integration, the two parties will jointly explore new areas of real estate transactions, creating new advantages in the industry and expanding new market space.