Top property auctioneers in South Africa

Property auction South Africa

An auction is a public sale in which goods such as property, vehicles or other items are sold to the person who offers the highest amount of money. A prospective buyer of the goods must register as a bidder in order to make an offer for the goods on auction.

There are usually two reasons a person would need to sell their property at an auction; the first being that the homeowner cannot make the monthly payments on the house so the bank files a notice of default, and the second is when the owner does not pay their property taxes.

A property auction is considered the more expensive route for selling property, though there are no hidden costs involved the homeowner will have to give the auctioneer a certain percentage of the sale price, the percentage is usually around 2.5%.

To keep track of the numerous amount of auctioneers in South Africa you can pay a visit to SAIA; South African Institute of Auctioneers. There are more than 150 listed auctioneers on their website, each one meeting the strict legal requirements of the Industry Code and the SAIA Code of conduct. They are the ‘voice of the auction industry’ and make sure that their members operate professionally and ethically at all times.

Business Link has compiled a list of the Top property auctioneers in South Africa.

RAWSON Properties

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RAWSON Properties first opened their doors in the city of Cape Town back in 1982. They have over 200 franchises across South Africa today and cover everything about property, from sales and rentals to auctions and bond origination.

They employ more than 1000 agents across the country and specialise in residential, commercial and industrial sales, rentals and auctions. They are six-time winners of the African Property Awards. At RAWSON it is the buyer of the property who pays the commission so you get something extra out of the auction.

To find out more click here.

SA Auction Group

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Based in Bloemfontein, the SA Auction Group has been running for ten years and is run by a group of professionals that have more than 27 years of experience when it comes to auctions. They specialise in auctioning property, livestock and assets.

They also have their own online shop that caters to national and international clients where you can purchase a wide variety of goods. They also host online auctions for various assets. Their wide network of national and international buyers will guarantee that any auction will attain the best prices.

To find out more click here.

Aucor Property

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Aucor Property is at the forefront of the real estate auction industry. They have a wide range of commercial, industrial, retail and residential property available and are the leading authority on asset acquisition and disposal in South Africa.

They have a team of skilled business development professionals that bring properties to auction that match what sellers are looking for in the current marketplace. They have 16 highly trained brokers that can assist you with your auction and getting your property to auction without worry.

To find out more click here.

Auction Inc.

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Based in Johannesburg and with more than 60 years of experience, Auction Inc’s old school values paired with their drive for innovation has helped make them one of the leaders in property auctions. Their brokers offer down-to-earth, personal service as they guide you through the auctioning process.

They employ more than 18 specialised brokers who are invested in the success of your auction and put your property as their top priority.

To find out more click here.

CAHi Auctioneers

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After first opening their doors in Pretoria in 1987 CAHi Auctioneers has grown to become one of the largest auction houses in South Africa. Their auction mart boasts two large auction halls and an outdoor auction yard, an auction gallery, a large function room, a secure registration office and a walk-in strong room.

Their company covers a wide variety of services from the valuation of assets to the disposal and collection of storage. Their auction services include on-site auctions as well as multi-property auctions.

To find out more click here.

High Street Auctions

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With decades of experience under their belt, High Street Auctions has earned their spot as one of the leading auction houses in South Africa. They specialise in commercial, industrial, retail, and residential properties.

Their team has extensive knowledge of the property market and their marketing research is thorough so you can trust that you are in good hands.

To find out more click here.

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