7 PROPERTIES ON AUCTION
2 PROPERTIES ON AUCTION
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Ultimately, auctions offer a practical and smart way benefiting buyer and seller.
There are two common misconceptions about auctions. The first is that auctions are for distressed sellers in need of quick cash. The second is that auctions are purely for bank-owned properties and are a bargain hunting ground. However, in the past few years, both of these misconceptions are steadily being proven wrong as more buyers are opting ...
16 September 2019
Chapter 1
The late 1950’s As a seasoned auctioneer with more than 60 years in the industry there is nothing more remarkable than how the oldest commercial sales platform has changed over the period of my tenure. In 1959 Johannesburg was but a glimmer of what it is today, but somehow everyone was a lot more trustworthy. Even the largest auction...
23 August 2019
The benefits of selling a property via auction as opposed to the traditional methods.
Auction is considered to be a mainstream sales platform in first world countries, such as in Australia where nearly 85% of second-hand residential properties are traded on the auction floor, or in the USA where an auction company can sell up to 5000 properties on a single day. The benefits of selling a property via auction as opposed to the...
13 August 2019
What ever your reason is for acquiring properties on auction, there is no better time then now to snap up an opportunity on auction.
Auctions have a long history,in fact the first auction was recorded to have taken place as far back as 500 BC. Today as much as 85% of residential properties in Australia are sold on auction and the platform is firmly recognized as a mainstream method of acquiring and selling property. According to Ari Ben, CEO of AuctionInc “we are ...
09 July 2019
Multi-Property Auction 30 May 2019
5 Prominent shopping centers will be going on auction on AuctionInc’s next Multi-Property Auction. The shopping centers are situated in Secunda, Carletonville, Athlone Park and Range View. The centers are anchored by National tenants and offer prospective investors the opportunity to increase income through active management. According to...
14 May 2019
Investing in Property vs. Equities
When faced with the decision of where to invest your hard-earned money, a myriad of investment options are available, the two most mainstream assets classes being property and equities (shares). All else equal, the most important difference between these to assets is the fact that investing in property allows one to take advantage of leverage, a...
30 April 2019
AuctionInc. Multi-Property Auction 16 April 2019
AuctionInc will be hosting a Multi-Property auction at its unique Auction Centre at Masingita House, Houghton. There will be 15 diverse properties going under the hammer, including a prominent hotel in Pretoria, a high exposure vehicle showroom in Midrand and various optimally located parcels of development land situated around Gauteng. One of the ...
03 April 2019
Student Accommodation is a buzzword in the property world...
Mention student accommodation to any serious property investor and their ears will pick up. Over the past 5 years or so demand for this property class has been exceptionally high due to the fact that student accommodation located within close proximity to major Universities offers investors a solid investment with a reliable return. Student...
01 April 2019
When it comes to buying property, we're all familiar with the adage “location, location, location” but what are the other important factors?
When it comes to buying property, we are all familiar with the adage “location, location, location” but what are the other important factors to consider before you buy? What’s your budget? First and foremost, you need to consider your total budget available for the purchase. Remember to factor in all the hidden costs...
20 March 2019