Auction Format 1 of 3
With Reserve Auctions
The seller sets a confidential minimum price. If bidding does not reach it, the seller is not obligated to sell. The most common auction format globally — fair for both buyers and sellers.
Seller Protection
Confidential reserve ensures the seller retains the right not to sell below their minimum acceptable price.
Fair Competition
All registered bidders compete equally. The highest bid above reserve wins unconditionally.
FICA & KYC Required
All bidders must register, verify identity, and accept auction terms before bidding begins.
🔒 How With Reserve Works
✓Register to bid — complete FICA/KYC and accept the auction terms and conditions.
✓Inspect the property — attend the open day and review the auction pack (title deed, conditions, defect disclosure).
✓Bid online or in person — place bids during the auction window. Increments are fixed and displayed.
✓Reserve determines sale — if the highest bid meets or exceeds the reserve, the property sells unconditionally.
✓Immediate binding contract — the fall of the hammer creates a legally binding sale. Deposit payable on the day.
Auction Format 2 of 3
Without Reserve Auctions
No minimum price. The property sells to the highest bidder — no matter what. These generate maximum competitive tension and often represent the best buying opportunities.
Guaranteed Sale
The property sells on the day, unconditionally. The highest bid wins regardless of amount.
Best Buyer Opportunity
No reserve means you can acquire property below market value if competition is limited on auction day.
High Urgency
Buyers know it will sell — creating active bidding and urgency from the very first increment.
⚡ How Without Reserve Works
✓No floor price — the seller commits to selling regardless of the final bid. Pure market price discovery.
✓Same registration process — FICA/KYC required. Review the auction pack before bidding.
✓First bid opens the auction — once the first valid bid is placed, the property is on the market.
✓Highest bid is final — when the auctioneer calls "sold", the sale is unconditional and immediately binding.
✓Deposit & transfer — typically 10% deposit payable on the day. Transfer through appointed conveyancer.
Auction Format 3 of 3
Live Online Bidding
Participate in real-time auctions from anywhere in the world. Watch the live bid stream, place bids instantly, and see where you stand — from your browser or mobile.
🔴 Live Auction — Active Now
LIVE NOW
Current Property
3-Bedroom Home, Constantia
📍 Cape Town, South Africa
Current Highest Bid
R 2,850,000
00
Hrs
04
Min
37
Sec
Bid History
Bidder #7R 2,850,00012s ago
Bidder #3R 2,800,00038s ago
Bidder #7R 2,750,0001m ago
Bidder #1R 2,700,0002m ago
Bid From Anywhere
Desktop, tablet or mobile. Real-time updates mean you never miss a bid increment.
Outbid Alerts
Instant notifications when you're outbid. Set a maximum auto-bid and let the system bid for you.
Secure & Verified
All bidders FICA/KYC verified. Every bid time-stamped, logged, and legally recorded.
🔴 How Live Bidding Works
✓Register & verify — complete FICA/KYC. A deposit hold may be required to activate your bidder number.
✓Join the live auction room — at the published start time, view the property, auctioneer, and live bid ladder.
✓Bid in real time — click to bid at the displayed increment or enter a maximum auto-bid.
✓Outbid alerts — instant push/SMS/email notification if another bidder exceeds your amount.
✓Hammer falls — winning bidder announced live. Contracts and deposit instructions issued immediately.
📅 Complete Timeline
From Listing to Keys in Hand
Our detailed process timeline walks you through every stage — from the moment a property is listed through to transfer and completion. Know exactly what to expect at every step.
View Full Process Timeline →
1
Day 1–3
Auction Announced & Listed
Property listed with full legal pack, photos, inspection dates, and conditions.
2
Day 3–7
Registration & Inspections
Bidders register, verify ID, review the auction pack and inspect the property.
3
Day 10
🔴 Live Auction Day
Online bidding opens. Highest qualifying bid wins. Binding contract on hammer fall.
4
Day 14–42
Transfer & Completion
Conveyancer handles transfer. Balance paid. Title registered. Keys handed over.
The Process
4 Steps to Winning a Bid
From registration to ownership — here's exactly what every bidder needs to do.
Register & Verify
Complete FICA/KYC, review the auction pack, and understand the conditions before you bid.
Inspect the Property
Book an inspection. Review title deeds, zoning, rates. Arrange finance pre-approval before auction day.
Bid & Win
Participate online or in person. Highest qualifying bid wins. Hammer fall = legally binding contract.
Transfer & Own
Pay deposit on the day. Conveyancer handles the rest. Transfer typically takes 4–8 weeks.
Browse by Sector
Choose Your Property Type
All four sectors use the same transparent auction process.
🏠 ResidentialView Properties →Residential Auctions
Houses, townhouses, apartments, cluster homes, luxury estates and sectional title units across all price bands.
🏢 CommercialView Properties →Commercial Auctions
Office parks, retail centres, shopping malls, hotels, mixed-use developments and income-producing real estate.
🏭 IndustrialView Properties →Industrial Auctions
Warehouses, manufacturing plants, logistics hubs, cold storage facilities and distribution centres.
🌾 AgriculturalView Properties →Agricultural & Farm Auctions
Crop farms, livestock farms, wine estates, game farms, smallholdings and mixed agricultural operations.
Everything You Need
Auction Resources & Documents
All guides, forms, agreements and legal documents in one place.
📖 Bidder Guides
How to Bid
Step-by-step guide from registration to winning
Process Timeline
Day-by-day from listing to completion
Auction FAQ
Answers to the most common questions
📄 Forms & Agreements
Register to Bid
Online auction bidder registration form
Seller Agreement
Online auction seller listing agreement
Private Seller Listing
Agreement for private / owner-listed properties
⚖️ Terms, Fees & Legal
Bidding Terms & Conditions
Full online auction bidding terms
Commission Breakdown
Auction commission and net proceeds calculator
Commission & Fees Policy
Platform fee and commission policy
Buyer Obligations
What you commit to when you bid
Anti-Fraud & Bid Integrity
How we protect auction fairness
Dispute Resolution
How disputes are handled and resolved
🔐 Platform Policies
FAQs
Common Questions
Everything you need to know before you bid.
Do I need finance pre-approved before bidding?▾
Yes — auction purchases are unconditional. You must have finance pre-approved or cash available before you bid. The hammer fall is a binding contract. Failure to complete may result in forfeiture of your deposit.
What deposit is payable on auction day?▾
Typically 10% of the purchase price is payable immediately on the fall of the hammer. The exact amount is specified in each property's auction pack — always read this before bidding.
What is in the auction pack?▾
The auction pack contains the title deed, conditions of sale, defect disclosure, municipal rates statement, and any special conditions. Request it from the auction desk before bidding on any property.
Can I bid online from another country?▾
Yes. Our live bidding platform supports bidders from all 185 countries. You must complete FICA/KYC verification and a deposit hold may be required to activate your bidder number internationally.
What is the difference between with and without reserve?▾
In a with reserve auction, the seller sets a confidential minimum — if bids don't reach it, they're not obligated to sell. In a without reserve auction, the property sells unconditionally to the highest bidder, no matter the final amount.
How long does transfer take after winning?▾
Transfer is handled by the appointed conveyancer. Typical timeframes are 4–8 weeks for cash and 6–12 weeks where a bond is involved, depending on the country, municipality, and Deeds Office workload.