Video

Hi

I found this video of a company in the USA talking about selling property through auction.

Very good, I recommend you to watch it. Most of what is said can be used in principle here in South Africa.

http://youtu.be/Md-bRhthsOg

Enjoy

Mornay

Welcome

Welcome to the new blog about Property Auctions.

I have been reseaching the internet on information about selling properties through auction and I found that there is hardly any information about property auctions. Especially in South Africa.

I myself work for a Auction house here in Pinetown Kwa-Zulu Natal South Africa. I have been in the real estate business for a few years as a estate agent. Then i took the big leap and moved overt o property auctions. Since i made this move I haven't looked back.

So, you may be asking why blog on property auctions. Well let me tell you a bit about it. I will over time go through auctioning as well as keep you upto date with what is going on in the property sector.

Property auctions are well under used in South Africa. There is this mith about auctions which says "you have to be in financial trouble to use auctions". or "auctions are only for bank repossessions, liquidations, foreclosers, etc, etc". Well what I have to sayto this is BLAH, BLAH, BLAH.

As mentioned above is true and if you are into property investment going to sherrif auctions to buy repo properties is good way of saving money and making money, its not the only way to auction properties.

In Australia buying property can only be done through auction. The UK is more or less the same. South Africa was following suite until Auction Alliance and their dirty dealing put a bad name to property auctions in South Africa was becoming one of the best ways to sell your property.

Since the Auction Alliance saga, property auctions have started to gain momentum again. More and more people are starting use property auctions as a way to dispose of their properties quickly, easily and even make a profit from the sale.

My aim for this blog is to educate people on property auctions so that you can get a better understanding of the industry and ultamitly get rid of the stigma that has been attached to proeprty auction for far to long. I'll keep you upto date with news and views of the real estate market. I'll keep you posted on upcoming auctions from various auction houses and teach you why auctioning is the way to go.

You are more than welcome to leave a comment or email me with suggestions or if there is a specific topic you would like me to cover.

Come back tomorrow to find out more.

Enjoy