Over 85% of properties in Australia are sold by way of auction and South Africa is rapidly catching up.  Sellers are increasingly turning to auction as a preferred method of sale due to the fact that it takes much quicker to achieve a result via auction than the traditional method of selling. 

Selling by way of auction offers sellers numerous benefits including:

• The entire process from start to finish takes around 1 month

• No commission is payable by the seller

• No show days

• Offers received are non-suspensive

• Competition drives the price upwards

• Only serious buyers engage in the process

With so many benefits it is no wonder that more and more residential and commercial property owners are turning to this method of sale.  It is interesting to note that many traditional agencies are attempting to launch auction divisions. According to AuctionInc CEO Ari Ben “ we welcome new entrants into the auction industry as this further emphasises to the market that auction is the most viable way of selling real estate of all types”.

For more information on selling your property via auction, contact: info@auctioninc.co.za or visit www.auctioninc.co.za