1. Determine the real estate value: through negotiation, online inquiry and evaluation, or through negotiation, directional inquiry, online inquiry and entrusted evaluation. After evaluating the price, the evaluation report will be sent to both parties, and the price will be determined without objection within the prescribed time limit.

2. The court issued an auction ruling: determine the reserve price of the first auction and auction online.

3. Auction: If the first auction is unsuccessful, apply to the court for a price reduction auction within the prescribed time limit and start the second auction. If the second auction is unsuccessful, apply to the court for sale.

4. Sale: If the sale is unsuccessful, and the applicant does not accept the repayment of debts in kind, the auction procedure will be terminated.