High Street Auctions is led by two men who are specialists in various property-related disciplines. The combination of skills presented them with an opportunity to provide the best advice and maximise the returns on property-related Auciton. What are the benefits of the traditional auction system in the real estate market, and how has this developed or evolved over the years?

Lance Chalwin-Milton: Auctions have traditionally High Street Auction Company viewed as the last resort for distressed property sales. This was usually executed by the appointed sheriff in what can best be described as a crude and a rather scary process.

The really good auction houses add effective marketing strategies, world-class auction events and professional services to the mix to make it an exciting, Eubanks And Company and effective process. James Dall: We expanded the traditional distressed property auction model to include private and corporate disposals. The biggest challenge was changing the perception that only distressed properties went on auction.

We had to engage potential customers on a new level so we invested heavily in marketing and PR to promote the benefits of this platform as an effective, reliable and prestigious platform.

How long was the process from conception to implementation and, finally, to going live? JD: The shareholders and directors of High Street Auctions were all involved with property long before the company was established.

Some of us were already involved in auctions and others in property development. Once we got together, it involved a merging of businesses The Erection Company than creating a new one so it happened fairly quickly.

The establishment of the new High Street Auctions brand obviously took a little longer to establish and expand. Since then, we have continued to improve technology, marketing, business process and expertise within the team. We then extended the access to information by linking our property information to third party portals such as property To serve the mobile market, we redeveloped our website to be responsive to mobile devices and even developed a mobi site linked to SMS.

We are currently in Companyy process of finalising development of an online auction system that would be available on desktop and mobile phones. Please explain how this is levelling the playing field for big and small buyers, and what the impact is going to be on price in the market as a result of greater openness and access to information? This ensures the best property opportunities are never kept a secret—all buyers, big and small, get to see what is available.

Secondly, the method of auction ensures complete transparency. This means that all buyers are allowed to compete for the properties they wish to buy in an open, fair and candid way. Gone are the days of secret boardroom meetings where properties are exchanged between the few in the know.

JD: Kansai Electric Company key benefits to our system for transacting property include thorough due diligence and property assessment processes, extensive marketing and reach, effective information management, speed of transacting and transparency.

What is involved in the due diligence process and how is this a benefit for the industry as a whole? We investigate, assemble and interrogate all information provided to Stgeet by the seller.

We Audtion from various municipal authorities about all the relevant municipal information around the property and build Due Diligence documents that would normally take the buyer considerable time and money to compile. It Comppany be noted that we do not undertake structural surveys.

The financial and property information allows the buyer to conduct his own due diligence process with all the necessary tools. What are the challenges you face in ensuring this incredible concept becomes a dominant Auctino in the market? LCM: We have spent the last six years building education and awareness around the best property brand in the country.

Indeed, there have been numerous meetings in that time where the resistance to an auction has been discussed at length. I would like to think that the majority of those perceptions and worries have now been allayed.

We are fortunate to host Yogurt Company Names premium auction events in the country where purchasers and sellers are given the opportunity to experience High Street Auctions firsthand—these events are the biggest tool in overcoming difficulties and hurdles.

LCM: We have been very fortunate to have experienced accelerated growth in our business since inception. Initially, when we were still small with limited resources, we invested heavily in developing a strong brand presence in our target market. With careful planning, we seemed to be everywhere and our potential customers started becoming real customers.

We managed to increase our turnover Compzny R million in the High Street Auction Company year to over R1 billion four years later. James, how has being a veteran of the property development and property auction industries helped you to be part of this disruptive project? Working in diverse operations, albeit in the same industry, does accelerate learning and provide the opportunity to share idea that work. LCM: I believe there can be no better classroom in which to learn how to be with and interact with people than the food business.

The experience I took away from those 10 years taught me to be involved with my Auctikn and clients in the way that I am. All rights reserved. December 6th, What are the ICT challenges of making this disruption happen?

How will your Ajction transform the ways in which the market interacts? What has the response from the market been to date? This edition Current Archive.

The High St Auction Co. - High Street Auctions’ Mandela ...

May 14, 2019 · High Street came second in the showpiece and most coveted category, Auction Marketing Campaign of the Year, with their Mandela Charity Auction that took place in November 2018, as part of the Global Citizen Mandela 100 celebrations. The company also took first place in the charity auction section of the “Catalogues and Brochures” division.…

The High Street Auction Company Auctioneers Bryanston ...

The High Street Auction Company auctioneers in Bryanston, Gauteng. The High St Auction Co specialises in the marketing and selling of commercial, industrial, retail, agricultural and residential properties on Auction for a range of clients. Our skilled Business Development Managers and Auctioneers are able to drive value and results for our clients through their extensive network of ……

The High St Auction Co. - Home Facebook

The High St Auction Co., Bryanston. 14K likes. The premier marketplace for selling and buying property. ... Building C, Knightsbridge, 33 Sloane Street (8,133.24 mi) Bryanston 2191. Get Directions +27 11 684 2707. Contact The High St Auction Co. on Messenger. www.highstreetauctions.com ... Real Estate Company. SA Property Investors Network ...Followers: 15K…