BUYING

GUIDE TO BUYING ON OUR TRADING PLATFORM

SMART INVESTMENT DECISIONS

Broll Auctions and Sales has been one of the leaders in the South African property auction and sales market for many years. We sell close to 1 000 properties each year throughout South Africa. We hope to provide the greatest opportunity of finding the right property for you. Our extensive reach and asset class specialisation provides you with multiple opportunities to acquire various property types, such as retail properties, shopping centres, petrol stations, office buildings, hospitality, education, medical, development opportunities, apartment blocks, student accommodation, luxury homes, apartments, game farms, commercial farms, resort farms, dairy farms, wine farms and various capital and movable assets.

Where can I find buying opportunities?

Our website at www.brollauctions.com is your one-stop marketplace for all investment opportunities on offer. You can participate and buy properties through any one or all of our six sales channels, including Private Treaty For Sale properties, Live Auction Events, Virtual Studio Auctions, Online Timed Auctions, Tenders and our Virtual Data Room. We encourage you to contact us directly and build a relationship with one of our experts.

How do I qualify to participate as a Buyer?

Our Trading Platform requires you to register online and comply with the registration requirements specific to the sales channel and the property on offer. For example, to participate at our Live Auction Events, all Buyers are required to complete the Auction Registration Process, and pay a refundable bidding deposit of R50 000 prior to bidding on auction. The relevant FICA documentation also needs to be provided upfront. Contact one of our experts who will guide you through the requirements to participate on our Trading Platform.

What should I do before buying a property?

We strongly advise that you perform a detailed due diligence prior to purchasing a property. Familiarize yourselves with all the property information and inspect the relevant documentation, including the Title Deed, Zoning Certificate, Building Plans, Leases, Municipal Accounts and Financial Information. Also read and understand the conditions of sale (terms and conditions of the Purchase Agreement) and where applicable, the rules of auction. Ensure that your finances are in place and that you are in a financial position to pay deposits, commissions and balance guarantees.

What happens if my offer is accepted?

Should your offer be accepted by the Seller, the terms and conditions of that offer come into full effect. The Seller will nominate a Transferring Attorney who will make contact with you and advise on the transfer process and information requirements.

How can I stay informed of upcoming investment opportunities?

Our website at www.brollauctions.com is your one-stop marketplace for all investment opportunities on offer. We encourage you to create an Account and update your profile on your investment preferences, including areas, property types and value range. Also, to receive property alerts and advance notice of buying opportunities, subscribe to our newsletter.

To create an Account and subscribe to our Newsletter, click on the following link.

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