Property sellers turn to online auctions
Auctioneer says there is increased confidence in the process due to its convenience, transparency, speed and efficiency
02 May 2022 - 17:45
Buying and selling property on auction has taken off in SA, with the Covid-19 pandemic having accelerated online auctions due to the efficiency, transparency and speed of the platform.
Sellers with noncore assets, or vacant buildings, favour auctions for sales as this gives them full exposure to a wide range of buyers, with luxury homes, especially those in the Western Cape, rural retail and industrial properties being highly sought-after...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.