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)
Why should you consider selling your poperty In a public auction?
' 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 Auctioneers 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 youd 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
