How do auctions work?

Our auctioneer will help you set your reserve price, as well as to determine an auction date.

The next step will be to roll out intensive marketing in the lead-up to your auction day. We offer on-site auctions, which weed out spectators and draw real bidders. On the auction day, if you receive a winning bid you’re happy with, the deal can be done. The purchaser typically pays the commission on the sale.

Benefits of selling by auction

1
Efficiency
The sale of the property by public auction is gaining international recognition as the most efficient, fast and hassle-free way to buy and sell property.
2
No suspensive conditions
Once the hammer falls, the deal is done and the purchaser is legally required to follow through.
3
No back & forth negotiating
The terms of the offer to purchase are agreed to by the seller and acknowledged in writing by the purchaser prior to auction.
4
No commission
The purchaser pays the auctioneer’s commission.
5
No obligation
The seller can choose whether to accept the winning bid on the day of the auction. This can be done by setting a reserve price on the property and leaving the offer to purchase open for a period of time, before accepting or rejecting the offer.
The sale of the property by public auction is gaining international recognition as the most efficient, fast and hassle-free way to buy and sell property.

What can be auctioned?

All asset classes from mansions to lighthouses and apartment blocks to shopping centres. We can even auction your furniture or equipment.

Expert Auctioneers

Our experienced auctioneers will use charm and personality to leverage the buyers’ participation, ensuring there is a healthy bidding climate.

Powerful Advertising

The advertising budget on properties sold by public auction usually exceed that of traditional selling methods for individual properties - this is because of the increased probability of a sale.