Why sell a property on auction?

  • Auctions have a quick turnaround time with a sales cycle of approximately 3 to 4 weeks.
  • The commission is paid by the buyer and the seller does not have to outlay cash at the time of the auction.
  • The seller's terms and conditions can be pre-agreed.
  • The seller's reserve and value is hidden from the market.
  • The auctioneer can bid to the reserve (with public knowledge) to protect the value of the property.
  • The auction platform creates competition amongst qualified buyers.
  • The auction house promotes the properties to a wide market thus ensuring its secures top of mind awareness.

The auction process

Once we have ascertained the need to sell the property in question and established that the auction route suits your needs i.e. is the property auctionable? We provide feedback on what the market is currently paying. We then jointly agree on the best way forward to realizing a sale at the highest possible price in the shortest possible time. Once we have agreed on the auction route, we will brief you on what service levels to expect and we will agree on the communication frequency, type and content. Our professional marketing services will be delivered over a 4 week period, generating enquiries and leads for your property.

For more information contact:

Louis Harding
083 257 7822
louis@entabeni.co.za

The auction process is as follows: