First private public auction, which will be offered for sale several properties simultaneously, will be held in early March 2011 This practice is widespread in the U.S. and Western Europe, but the country is organized for the first time.
A key to the successful tender is the mechanism for determining price based solely on market factors. In classical transaction is usually the seller announces a relatively high initial sum to test market sentiment, and to orient and requested bids and comments can only be downwards. In the auction, on the contrary, a good initial price may attract considerable interest, and then by real buyers, and often - in the process of bidding to reach even higher than expected amount.