Not Sure How Auctions Work?

Different auctions Have different procedures.

The 101 of auction basics by Bid4Me Auction Services.

1. All auctions have a minimum deposit required for you to register and bid at the auction on the day, this can be from R2000 up to R25000.
2. All auctions have a minimum Commission fee and this varies from a 0.5% of the sale price and up depending again on the auctioneer.
3. All auctions charge Vat on top of the sale price and commission.
4. It is always important to do your home work and find out what the retail value is of the item your interested in, be it a property, home, truck, motor vehicle, motorcycle. You need information to make and informed bid at any auction.
5. Once the auction commences there are various tactics that can be used to bid for the item:
1. Be the first to bid on the item on auction and go to where you can afford.
2. Wait till it looks like the auction bidding has jumped to its highest and is now stagnated,  and then jump in yourself and start bidding.

Always remember to go to the auctions with as much information in your arsenal as possible to make informed decision's. Most important try your utmost not to bid with your heart but with your head. It is very easy to get carried away on the day amidst the heat of the auctions action.

Auction don't have to be scary or a waste of time. Should you be unable to attend any auction for what ever the reason....

We Do Auctions For You!!!

Bid4Me Auction Service