Benefits of an Auction
Auction as a way of selling real estate is becoming increasingly popular in South Africa, and there’s
good reason. At In2assets we have an impressive track record of successful auctioning real estate around
the country. Auctions have been proven to be the most effective way in securing a result for the seller
in the shortest possible time.
With auction there is no price tag to the assets, which creates a competitive environment whereby
interested parties have to compete with one another to secure the property. It is not unusual for a
property to sell well above the reserve at an auction. This is due to an atmosphere where properties are
in high demand. The Auction marketing campaign is short, effective and intense, giving the highest
exposure to the market and creating a deadline for buyers; therefore ensuring a result within a period
of 4-5 weeks.
The increased exposure a property receives in the powerful marketing campaign ensures as many prospective
buyers as possible are made aware of a specific property. When selling at Auction, the sale is
immediately unconditional; the buyer cannot pull out of the contract and it is sold on the sellers
terms– this gives the Seller greater ‘peace of mind’.
Physical Property Auctions
A physical Property Auction is an auction that could be conducted on site (on the property up for
auction) or as part of an In2assets combined auction, which takes place once or twice a month in various
cities and different venues and provinces around South Africa. View our Auction Calendar to find the
property that you are looking for.