The popularity of auction sales of property is increasing day by day despite the dominance of the standard process of property selling. Earlier these auctions were labelled as dishonor sales done by the distressed sellers when there were no other thanks to liquidating a property. According to Noah George, this view has changed because the number of assets auctions is increasing day by day. After all, sellers of residential furthermore as commercial properties are opting to auction their property directly or turning to real estate brokerage houses to urge a top price as per market rates from the auctions.