Why sell on Auction?
90% of Real Estate in Australia and other first world countries is sold by Auction. This is fast becoming the method of choice when putting real estate on the market in South Africa. Trademart are the leaders in promoting property auctions in the East London and Border area borne out by the increased number of successful auctions conducted regularly every week.
The benefits of property auctions include:
- No Risk of selling your property for less than you, the Seller, requires. A signed mandate price is agreed upon with the auctioneers.
- Commission is paid by the buyer.
- Auctions realise assets quickly – your property can be advertised and sold within 2-3 weeks.
- Auctions bring all interested buyers together at a venue thus creating genuine competition which produces the highest price.
- Auctions are “Real Deals” and are not dependant on other sales. Buyers must have their financial arrangements in order before bidding.
- Auctions are open and transparent.