The specific operation of "recognizing funds" is roughly as follows. First of all, consumers go to the developer to fill in their personal data and pay a lot of "sincerity money", and they will get a "certificate" with various names such as VIP card, VIP passport, VIP consumption card or subscription card. Only after obtaining these "certificates" can consumers qualify for "recognition". However, the number of consumers who are often qualified to "recognize" will far exceed the number of houses actually launched by the real estate.
The second step is the so-called "solution" (general developers will start to "solve" after obtaining the pre-sale qualification). In the case that the number of "approved" houses exceeds the actual number of saleable houses, developers generally take the form of "drawing lots" to select people who can choose houses from the "approved" consumers. After that, the selected house will pay the down payment with a unified house number, sign a subscription book or a pre-sale contract, and sign a "subscription contract" with the developer after picking the house number. Then sign the "Pre-sale Contract" or "Real Estate Sales Contract".