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What to know about buying property on auction

Buying property at an auction does not necessarily guarantee that you'll get a better deal. This is the sentiment of Skoko Sebola, Principal at Leapfrog Midrand, who shares that they are getting more enquiries about whether purchasing property at an auction is the way to bagging a bargain.

Posted at 02:55PM Sep 17, 2020 by Editor in Auctions  | 

'Covid helps stengthen retail investment property'

More than half a dozen "recession-resistant" investment properties comprising a selection of neighbourhood and community retail shopping precincts are set to go under the hammer in September.

Posted at 04:24AM Aug 31, 2020 by Editor in Auctions  | 

Prime farms on offer from Paarl auctioneers

Tenders are being invited until noon on August 28 by Home and Hectare for a prime property in the Stellenbosch winelands, the Eaglevlei Wine Estate, which is under business rescue.

Posted at 05:35AM Aug 11, 2020 by Editor in Auctions  | 

Virus steers more auctioneering online

Covid-19 has forever changed the traditional live auction model, forcing a "new normal" digital standard on the industry, if it wants to remain profitable and relevant, the SA Institute of Auctioneers has been told.

Posted at 09:13AM Jul 27, 2020 by Editor in Auctions  | 

Elegant Essenwood office building on offer

AMONG the lots for Ian Wyles Auctioneers's next multi-property auction is a stylish Victorian-styled residence, now used as offices, on the corner of Cowey and Gladys Mazibuko roads, adjacent to Cowey Park Shopping Centre in the Essenwood business district. The auction will take place on July 7 at 11am as an online, live Zoom disposal.

Posted at 11:46AM Jul 02, 2020 by Editor in Auctions  | 

Repossessed property owners dealt a blow

The courts could not place a reserve price on a property when its was sold in execution, the Gauteng High Court, Pretoria, ruled in what could be a blow to thousands who lost their homes, or stand to lose them, after failing to pay the bond.

Posted at 10:58AM Mar 26, 2018 by Editor in Auctions  | 

Hijacked Joburg house retrieved

A family of four were left homeless yesterday after the owner of a hijacked Cleveland, Joburg house finally got it back.

Posted at 08:44AM Nov 10, 2017 by Editor in Auctions  | 

Auctioned estate residents refuse to move

When Hillcrest pensioner Gale Nel secured her bid for a home in the Camelot Estate during an auction in September last year she looked forward to the comfort and security it would provide.

Posted at 09:48AM Oct 23, 2017 by Editor in Auctions  | 

'Court should demand reserve price in execution sales'

The Ga-Rankuwa man who fell into arrears with the repayment of his bond is asking the court to order that there should be a reserve price set when a house is sold in execution.

Posted at 06:37AM Oct 11, 2017 by Editor in Auctions  | 

Property auctions gaining in popularity

Auctions have become a popular market place for property buyers and sellers because of the "straight forwardness" of the transaction.

Posted at 07:28AM Oct 02, 2017 by Editor in Auctions  |