Auctions provide a timely purchase and ensure no wasted time on a negotiation processThe process is transparent
Auctions provide a transparent process that provides a timely purchase and ensures no wasted time on negotiations.
Benefits for Sellers
No auction broker commission, which means the seller will receive more
Seller remains in control of the sale
This route is a fast sell and conclusion of sale
Fair market value through healthy competition of bidders
Marketing costs for the Seller’s account
Acceptance of offer by Seller within 3 days after offer received
Benefits for Buyers
One of the best ways to buy a property for a good price
Buyer/s can do their homework on price before the auction
Offers buyer/s an exclusive opportunity to buy the property
Property can be viewed prior to auction
15% plus Vat (10% commission, 5% towards deposit)