Auctioneering in South Africa

0
1122

Buying and Selling property on Auction is the way to go!!

Auctions are fast taking centre stage in the buying and selling of property in South Africa. With commercial, industrial and residential property changing hands on auction every day, the platform is fast becoming a first choice in the market place, offering a seamless and conclusive process for both parties.

Following in the footsteps of the leading world markets, South Africans are fast embracing Auction as a competitive option for disposing of their prize possession.

Auction offers numerous benefits for both parties; for the seller, a quick 3 week turnaround time with a set sale date, provides the peace of mind and assurance that the transaction will be concluded on that day. Auction attracts pre-qualified buyers to the event, and the sale is not subject to finance, the purchaser is obliged to raise the finance prior to the auction.

With the finance in place the buyer immediately enters into the sales contract on the fall of the hammer and is bound to perform and adhere to the terms and conditions set therein. The transaction is clean, with no suspensive conditions and is accompanied by a non-refundable deposit.>/p>

This is a major benefit in a market where the banks determine the approval of a sale, too often deals fall through due to banks declining the finance. This can be a very frustrating process for both buyer and seller which often leads to uncertainty and foiled plans.

For the buyer, there is no risk of over paying for a property as the buyer determines the correct market value. No time is wasted approaching a seller who often has an unrealistic price. By placing a property on auction the seller has made his intentions clear, is a real seller, and is not just testing the market.

The auction platform ensures that the entire process is fair and transparent, buyers know within a very short period whether their offer is successful. Auction eliminates long tedious negotiations between the parties which often hinder and can at times derail a sale.

Reliance Auctions has positioned itself as the leader in the Property Auction Industry and since its inception in 2011, Reliance has offered an unrivalled sales platform and has emerged as a successful, reliable brand.
We challenge you to list you property with us and experience the pleasure of a hassle and stress free sales process that will satisfy your price and expectation.

Leave a Reply