The Advantages of Online Auctions

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, physical auction companies also moved into the digital world with online auctions, even offering liquidation and property auctions online.
 
But why online auctions?  Well, the most stand-out reason is probably the fact that buying online is the most comfortable and time-saving method.  Physical onsite auctions require buyers to travel from various parts of the country, which involves cost and time.  Online auctions allow buyers to simply make bids from the comfort of their own home or office.

Lots on auction are inspected by the auctioneer’s professional team and putting the results on record for potential bidders to view, together with the photographs of the particular asset.
 
Another time-saving aspect is that once a buyer is registered on the auctioneer’s database and the FICA documents have been received, that bidder never needs to register again for any online auctions hosted by that particular auctioneer.  Only the registration deposit for each auction needs to be paid.  This, by itself, is extremely safe when done with a reputable auctioneer.  Once a bidder has not been successful with any of his/her online bids, or did not bid at all, his/her registration deposit is refunded without delay.

“Our company has taken the responsibility on ourselves to educate potential buyers, and also physical auction buyers, in feeling more comfortable with online auctions as it is the future of the auction industry.”, says Rudi Herbst, Managing Director of SA Auction Group.  He adds that their auction company has developed one of the most advanced and custom-built online facilities over the past two years and that it has been proven as such many times over.

The advantages also stretch over to those offering assets on auction.  There is absolutely no need any more to transport assets or machinery to a central point where the particular auction would be held.  Professional listings of the assets are done online, while the physical asset or machine is able to continue with its normal work.
 
Online auctions are transforming the auction industry, making it so much easier for anybody to buy or sell assets on auction. You can feel comfortable doing such business with a reputable auctioneer and the relationship that you build will give you further peace of mind.  This might just be the right time for you to start bidding online.
 
This educational editorial is supplied by SA Auction Group, with branches in Gauteng, Western Cape and the Free State.
www.SAGroupgroup.co.za