Online Auctions - The Advantages
Posted on : 2/12/2014
Online auctions have been around for some years, especially with international websites selling anything from electronics to soft toys. As South Africans started getting comfortable with the idea of buying goods on the internet local websites also started showing face. This paved the way for the primary field of auctioneering to follow suit and use online technology to benefit the local auction industry as well.
But why online auctions? It’s very simple; why would you post all your business documents and proposals via snail mail if you can simply use email? The communication tools with which you do business these days are completely different to what was available 20 years ago. The same with the auction industry. The tools that are available are being used and this opens a whole new world for our industry. We are not limited to a small handful of buyers that arrive at an onsite auction anymore, we now have the capability of involving buyers who are situated anywhere in the country, even other African countries, as well as abroad.
There is also no need to transport machinery to be sold from one location to one selling point. The assets are simply numbered (lotted) and displayd on the online auction, leaving the machines to continue with their normal work. Once an asset has been sold, it is the buyer’s responsibility to remove it at their own cost, leaving the seller with capital in hand.
If you need to sell redundant assets or properties, allow us to show you the benefits of our word class online facility. We turn assets into cash, quickly.