Property Auctioneers in North West
4 property auctioneers in North West list on BidAll, with the most in Potchefstroom, Mafikeng and POTCHEFSTROOM. Browse their storefronts, follow the ones you buy from and see their next property auctions.
Property auctions sell houses, flats, farms, plots and commercial buildings, often faster than a traditional sale. Lots come from private sellers, deceased estates, liquidations and banks, and many South African auction houses now run timed online auctions next to their live sales.
Before you bid, read the conditions of sale and get your finance in order. Buyers usually pay a deposit and the auctioneer's commission when the hammer falls, then have a set number of days to provide a bank guarantee. Transfer costs and any arrears are normally for the buyer, so check the rules for each lot.
Property auctions in North West this week
All auctions this week →No property auctions are listed in North West for the next 7 days yet. Follow the auctioneers below to hear about new sales.
Property auctioneers in North West
Brocor
Potchefstroom, North West
Clive Gardner Auctioneers
Potchefstroom, North West
Richard and Co Auctions
Mafikeng, North West
Ubique Afslaers
POTCHEFSTROOM, North West
Buying at property auctions
Do I need a bond approval before a property auction?
It is wise to have pre-approval or proof of funds, because the sale is usually not subject to finance. You normally pay a deposit on the day and must deliver a guarantee for the balance within the period in the conditions of sale.
What is the difference between a sheriff sale and a private property auction?
A sheriff sale is a sale in execution ordered by a court, run by the sheriff. A private auction house sells on behalf of owners, estates, liquidators or banks. Rules, deposits and fees differ, so read the conditions for each sale.
Can I view a property before the auction?
Most auctioneers hold show days or arrange viewings. Inspect the property and read the title deed, zoning and rates information before you bid — auction sales are usually voetstoots.
