Sales sites
Electronic platforms for auctions must meet the accessibility criterion: registration on them must be free and possible for everyone.
The most popular sites:
- Sberbank-AST;
- Fabrikant.ru;
- Interregional Electronic trading system;
- Electronic platform of the Implementation Center;
These and other services are presented on the electronic trading platform Bankrot.pro.
This information project was launched specifically to improve the quality of service for clients who are interested in auctions for the sale of debtors' property. The highlight of the Bankrot.pro website is that it searches for lots at once on all sites where auctions are held.
Why Bankrot.pro is convenient
Therefore, now, in order to find the product you are interested in, you do not need to waste precious time clicking on all sites specializing in sales: you can use the services of only the Bankrupt.pro project:
- the site has data on all arbitration managers (more than 8 thousand) and accredited self-regulatory organizations (more than 50);
- the website contains data on all legal entities declared bankrupt since 2013;
- We have only up-to-date information on all bankruptcies and liquidations of enterprises.
Stages of auctions
The entire sale of the debtor’s property is carried out in three stages:
- Initial auction. On it, the bankrupt's property is exhibited at market value or slightly lower. After the start of bidding, all auction participants, if they wish, can raise the price. The winner is the participant who gave the highest price for the lot. It is worth noting that at the first stage, very rarely any goods are sold, because at the market price they can be purchased anywhere.
- Repeated auction. It is held if the first one did not take place, that is, the participants did not apply for registration or the cost of the lots did not interest them. The process of holding the second auction is identical to the first, with the only significant difference that the starting price for the sale of the debtor's property is reduced by 10%. The auction organizer must notify about the date of the repeated auction no later than a month before the start of the auction. For this purpose, messages are published in special printed publications.
- Public bidding. If the debtor's property was not sold at two auctions, then it is put up for public auction. During their holding, the price of the lot does not increase, but, on the contrary, falls until one of the participants in the sale buys it. This stage of the sale is the most popular, and it is at this stage that the bulk of the debtors’ property is sold. The starting price of the lot corresponds to its initial cost at the re-auction, then during the auction it is reduced and as a result the participant can purchase the property at a discount of 30 to 90%.
A little about the pitfalls
Separately, it should be said about the difficulties of participating in bankruptcy auctions in order to circumvent them with minimal losses. We have already partially mentioned this - various encumbrances on real estate can spoil the joy of purchasing even a profitable lot, as well as the situation in which the car being sold is stolen, and the buyer did not know about it. Let's pay attention to some more pitfalls:
- A lot of time is spent searching for a good lot and checking it, inspecting it in situ, traveling to the site, and negotiating with specialists. The costs may not actually be worth it.
- Competition, especially at the public offering stage, is quite high.
- A profitable lot may turn out to be “problematic”: it is pledged, is not available for inspection, is listed only according to accounting data, but in fact is missing, there are no documents on ownership of the lot, etc. There are also cases of direct fraud, when the debtor is real, but in his There is no published lot on the property.
- Even a correctly and timely application may be rejected due to an error when checking the package of documents, and time for submission will be lost - the human factor cannot be canceled.
