Ask the Experts
Navigating Auction sales with Business Rescue & Liquidations : Understanding the best solutions
MEET OUR GUEST EXPERT
GREG DART
Operations Director
High Street Auctions
Question from Commercial Property seller :
In the aftermath of the 2008 global financial crisis , South African auctions were marred by negative perceptions and a significant backlash , largely due to forced property sales and the collapse of a major auction house . This led to the view that auctions were predatory , exploiting others ’ misfortunes . However , the auction industry now seems to be making a notable comeback , offering substantial benefits for buying and selling both residential and commercial properties . With this resurgence in mind , what key factors should landlords consider when choosing an auction partner to ensure they achieve the best possible outcomes ?
8 REI MAGAZINE SEPTEMBER 2024