Property Advice

Which kinds of properties are ideal for auction?

Which kinds of Properties Are Ideal For Auction?

• Tenanted properties, blocks of apartments and commercial properties

• (Office, Industrial and Retail) with strong income streams (Targeted at investors)

• Vacant commercial space (Targeted at end users)

• Prestigious homes and apartments (Targeted at local end users)

• Land with residential and commercial development rights (Targeted at property developers)

SELLING YOUR PROPERTY IN A PUBLIC AUCTION- REASON TO CONSIDER THE AUCTIONEERING ROUTE

No Stigma
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.

No Suspensive Conditions
Once the hammer falls the deal is done and the Purchaser is legally obligated to follow through.

No back and forth negotiating on the offer to purchase
The terms of the Offer to Purchase (Conditions of Sale) are agreed to by the seller and acknowledged in writing by the Purchaser prior to auction. On the fall of the hammer he successful purchaser is obligated to sign the Conditions of Sale without further amendments.

No commission payable by the Seller.
The Purchaser pays the Auctioneer’s commission.

Backing of a Strong National Brand
 The Rawson Auctions division is backed by a strong national brand with a network of over 1000 agents and a substantial database of buyers.

No obligation on the Seller to accept the winning bid on the day of the auction. By setting a reserve price on the property and leaving the offer to purchase open for a period of time before confirming acceptance or rejection of the offer.

Powerful Advertising
The advertising budget on properties sold by public auction far exceeds the advertising budget on properties sold by public auction far exceeds the advertising budget on properties sold by traditional sale methouds. Rawson offer onsite auctions, which weed out the spectators and draws real bidders.

If you’d like to be notified of Auctions taking place, or to discuss selling property by Auction please contact Tanya Jovanovski on 082 411 9599 or email Tanya@rawsonauctions.com

• Buying
  1. Fixtures and fittings
  2. Costs of buying
  3. Understanding an offer to purchase
  4. Understanding an Agreement of Sale
  5. Overview on buying
  6. Payment of deposit
  7. Offer to Purchase
• Selling
  1. How to select an estate agent?
  2. Why use an estate agent?
  3. Understanding your mandate
  4. Understanding an offer to purchase
  5. Understanding an Agreement of Sale
  6. Select an Estate Agent Page
  7. Why choose Rawson?
  8. Overview on selling
  9. Why choose a Rawson Sole Mandate?
  10. Costs of selling
  11. Which kinds of properties are ideal for auction?
  12. Latent and patent defects
• Letting
  1. Advice for tenants