Makwande Auctioneers (Pty) Ltd, established in 2011, is a Fresh, 100% black female owned Emerging Enterprise that offers asset valuation and disposal services to the private and public sectors.
Due to the evolving landscape of the auction industry we have adapted the following disposal methods to assist our clients:
This is the process of initially advertising assets or equipment through various online, print and street media platforms before selling the goods by offering them for bids to the public.
In this case the assets are exposed directly to known potential buyers who then offer and purchase the assets without necessarily competing with other buyers.
This is where auctioneers would purchase new and/or redundant assets and equipment from various Original Equipment Manufacturers or even end users who may not have sufficient assets to put on auction regularly.
Typically like a silent auction that allows people to bid on items over the internet. Bidders either continue to check on the items they are interested for or they receive electronic notifications known as bid-tracking to monitor their progress against other bidders and ultimately their success.
Our range of movable assets are sourced from individuals and companies. Although most of our assets result from liquidations we also have individuals who use our services to dispose of their unwanted goods.
Ready to dispose of your obsolete assets or buy movables get in touch with us today for a viewing or FREE valuation.
Although our company is fairly new in the industry our experience and knowledge in this field has gained us the trust of reputable clients such as development finance institutions, liquidators or curators, hotels, and individual clients.
Whatever your service or product we’ve got you covered with our professional team of marketers, advisors and entreprenurs. We’ve got you covered from day one and ensure your success through launch.
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the winning bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.
IT OFTEN LEADS TO A HIGHER PRICE THAN YOUR ASKING PRICE!
An auctioneer is a transaction orientated, problem solving individual who accepts the responsibility of recycling assets at through a planned and well organised event
To be loyal to all parties
Auctions are treated as ‘trade sales’, and as such do not have to stick to most of the normal consumer protection laws. There will usually be a clause printed in their Conditions of Sale (displayed at the auction or printed in the catalogue) stating “we are not responsible for the authenticity or condition of any item”. However, goods must not be deliberately described or misrepresented falsely. If the buyer finds that he/she was misled into buying something, it will have to be proven to court that the buyer examined the item closely before buying it. The buyer will have to proof any obvious false description or misrepresentation.
The South African Institute of Auctioneers (SAIA) is the body appointed by auctioneers to represent them in South Africa. Members of this body must adhere to the bodies’ standards to promote professionalism within the industry.
If you are interested in disposing of your obsolete assets or are interested in buying movables get in touch with us today for a viewing or FREE valuation.