Auctions
The Terblanche Group, through its auctioneering subsidiary, TTPS Auctions, proudly offers property auctions as a service to our clients.
Why should you consider an auction if you’re a seller?
If you’re in the market to sell, here’s why you should consider the auction route:
1. Auctions are quick.
In fact, the entire process from the time you instruct TTPS Auctions to auction your property to the time it is registered in the buyer’s name could be as quick as 5 weeks. If time is money, selling your property by way of a TTPS auction may be the answer.
2. Auctions provide security.
An auction takes place on a specified date so you know exactly when your property will be sold. No more waiting for months for an offer from an interested buyer. When the hammer falls, your property is sold. Need to achieve a certain minimum price? Just set your reserve price and no bids for less than that price will be accepted.
3. Auctions ensure good value
Potential buyers at the auction compete to buy your property by bidding against each other, which invariably ensures that the best prices are achieved.
4. Auctions are popular
How could they not be? Potential buyers at an auction understand they are dealing with a motivated and committed seller. Property auctions done by the professionals are well marketed, well attended and create a lot excitement.
5. Auctions are simple
Buyers are pre-qualified, the conditions of the auction are provided to all bidders before the start of the auction and when the hammer falls, the deal is concluded. No offers, counter-offers, suspensive conditions and protracted negotiations to worry about.
I’m interested, what do I do now?
If you are interested in selling your property on auction and would like to find out more, tell us about it on the form below. We will make contact with you during office hours to discuss your requirements and get the ball rolling. It’s much simpler than you think.
Please enter your details on the form located at the bottom of this page.
Why should you consider an auction if you’re a buyer?
If you’re looking to invest in property, here’s why you should look at property auctions:
1. Auctions are quick
Your purchase is often concluded right there on the spot after the hammer falls. With most auctions there are no offers that have to be accepted, lengthy negotiations or other time wasters normally associated with property sales.
2. Auctions provide security
All the information you need to make an informed decision about your purchase is available and distributed before the start of the auction. The entire transaction is transparent and there are no hidden clauses or small print that should surprise you. If your bid is accepted, more often than not your purchase will go through.
3. Auctions ensure good value
Those who have bought on auction before can attest to the fact that there are often great bargains to be found at auctions. An auction is a very good reflection of public demand for an asset. The price you pay will be the market value, which means you do not overpay.
4. Auctions are popular
Property auctions done by the professionals are well marketed, well attended and create a lot excitement. Sellers are also motivated and committed. This takes a lot of the guessing and uncertainty normally associated with property sales away from buyers.
5. Auctions are simple
The conditions of the auction are provided to all bidders before the start of the auction and when the hammer falls, the deal is concluded. No offers, counter-offers, suspensive conditions and protracted negotiations to worry about. If you’re at the right place at the right and you’ve done your homework, an auction is a perfect way to purchase your dream home.
I’m interested, what do I do now?
Being notified of upcoming property auctions couldn’t be simpler. Simply send us your details on the form below and we will keep you updated of all auctions taking place.
Please enter your details on the form below.
