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        Online Auctions: a trusted way to buy & sell property

        Jan 2, 2021

        Home & Hectare proudly presents an innovative platform for online property auctions, a trusted way to buy and sell property, from residential to agricultural and commercial, securely and with ease. Backed by the wealth of expertise and experience of agri-giant BKB Group.

        HOW IT WORKS

        1. Find a property

        View our selection of residential, commercial, and agricultural properties on auction in the specific region that you wish to purchase in.

        Click here to view our upcoming auctions

        2. Register to bid

        To begin bidding, you’ll first need to create your own account. Once you’ve signed-up, a verification email will be sent to you. Once you’ve clicked on the link in the email you’re ready to start bidding.

        Click here to register

        3. Start bidding

        When the auction begins, you will have a live view of the auction process, photos, or video of the property being auctioned and the current highest bid. You can then proceed bidding as if you were attending in person.

        4. Post auction

        Once the auction is successfully concluded, all the information from the auction, including all bids placed in chronological order, will be published on the Home & Hectare website.

        TUTORIAL VIDEOS

        BENEFITS OF AUCTIONS

        Benefits to the Buyer:

        • Current market value will be paid.
        • An auction is a genuine reflection of true market value and communicates a clear message to the market.
        • Seller is prepared, motivated and eager to sell.
        • Terms and Conditions are clearly set out prior to the auction.
        • Convenience – buyer can prepare for and bid at his leisure in the comfort of his own home.
        • Bidders at an auction are generally qualified (financially) and ready to buy
        • Auction sales are conducted in an open forum, which allows both motivated buyers and the seller to watch the property’s true market value emerge as the bidding process progresses.
        • Eliminates potential long negotiations.
        • Reduces the time to purchase property.
        • Auction sales do not generally accommodate suspensive condition. The property is sold ‘as it stands’ or ‘voetstoots’ with no bond clause.

        Benefits to the Seller:

        • No commission is paid by the seller. The buyer will pay a market related, usually between 5-10%, auctioneers commission.
        • Specific date and time when the auction takes place that allows the seller to plan ahead.
        • Undisclosed reserve price.
        • Buyer is serious, ready and able to buy.
        • Terms and Conditions are negotiated with the seller long before the auction. The seller can feel comfortable and content when the auction starts.
        • Creates competition amongst bidders.
        • No geographical barriers so attracts many buyers
        • Exposes the property to a larger number of prospective buyers.
        • Accelerates closing: the seller knows exactly when the property will sell.
        • An auction reduces the amount of time a property is on the market for.
        • Auctions eliminate the inconvenience of numerous and unscheduled showings.
        • Takes the seller out of the negotiation process allowing the property to be sold in accordance with their conditions, such as a minimum reserve price.
        • A seller may receive a higher price than the initial asking price.
        • Auctions take the seller out of the negotiating process unless the minimum reserve price is not achieved on the auction day.

        FAQS

        Can I get a bond for real estate purchased on auction?

        The auction is not subject to any suspensive conditions which include a bond. You are welcome to get a bond, however you must be certain and have proof that you will be able to pay for the purchased property in the event that you are unable to secure a bond. We recommend that you apply for a pre-approval which will serve only as proof of your affordability, our conditions of sale don’t cater for post bond approvals.

        When must I pay the deposit and Auctioneer’s Commission?

        On the day of the auction.

        What do I need to submit in order to take part in the auction process?

        You will need to submit your FICA documents as well as proof of payment of the registration fee (if applicable).

        What happens if the highest price (bid) achieved is below market value and /or below the seller’s minimum reserve price?

        The auctioneer has the legal right to protect the interests of the seller/s and may raise the price to match the seller’s reserve price.

        Can I submit an offer after the auction, but before confirmation of the sale?

        Yes, you may submit an offer after the auction if the sale has not yet been confirmed, but the increased offer will be submitted to the highest bidder at the auction, who has the right to match or exceed your offer.

        What happens to the deposit and commission if the seller does not accept my offer?

        In the event that the seller does not accept your offer and we are unable to negotiate an acceptable price then the deposit and commission paid will be refunded to the bidder.

        How long will it take to refund my deposit and commission if my offer is not accepted?

        Refunds are usually processed within 24 hours and can take up to 48 hours to reflect in your bank account. If the auction was held over a weekend, the refund will be processed on the following Monday.

        If my money is invested in a fixed deposit account and it takes 48 hours to release the required amounts for deposit and commission, will it still be possible for me to take part in the auction?

        Yes, it will be possible as long as we receive proof of the available funds and the bank can provide a written guarantee that the funds will be available in 48 hours.

        Can I bid on behalf of another person or entity?

        Yes, you may, as long as you submit a mandate from the person or legal entity represented, confirming that you are permitted to bid on their behalf and at what price. You will be required to sign personal surety on the day of the auction. Should the person or entity on whose behalf you were bidding on be unable to take transfer of the property then you will be deemed as the Purchaser and become responsible for the terms of the agreement of sale.

        What happens if I default on the sale?

        The seller will reserve their right to take the necessary legal action should you enter breach of contract or fail to fulfil any of the obligations stipulated in the Conditions of Sale. They may exercise their various options also stipulated in the Conditions of Sale. Should you remain in breach of contract, all monies paid by you to the auctioneer and/or seller will be forfeited as pre-estimated damages.

        • auctions
        • online auctions
        • property
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📍 𝐁𝐚𝐢𝐧𝐬𝐯𝐥𝐞𝐢, 𝐁𝐥𝐨𝐞𝐦𝐟𝐨𝐧𝐭𝐞𝐢𝐧 
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🏡 Beslis ń stukkie hemel op aarde! Hierdie lieflike 4.3 hektaar Kleinhoewe is naby aan ’n teerpad geleë wat maklike toegangbaarheid bied. Dit is onlangs opgradeer en bied die perfekte leefstyl vir iemand opsoek na ’n bietjie rustigheid weg van die stad. 

🏡 3 Slaapkamer woning 
💦 2 Boorgate 
➡️ 4.3 Hektaar
➡️ Naby aan teerpad

Kontak ons betroubare eiendomspesialis vandag om 'n besigtiging te reël.

📞 Karin van Rensburg 084 431 1245
📩 karin.vanrensburg@homeandhectare.com 

Residensiele Divisie ➡️ Home & Hectare 

*Geregistreer by die PPRA.

#NowSelling #HomeAndHectare #RealEstate #AtHomeWithTrust #NewRelease #Bloemfontein #BKB #Farms #EstateAgent #Freestate #Boshof #HomeAndHectareRural
        Extending a very warm 𝐖𝐞𝐥𝐜𝐨𝐦𝐞 Extending a very warm 𝐖𝐞𝐥𝐜𝐨𝐦𝐞 to Chelsea Stocks who is representing the Home & Hectare’s Gqeberha / Port Elizabeth branch. 

𝐖𝐞𝐥𝐜𝐨𝐦𝐞 to the team, Chelsea!

#HomeAndHectare #AgentProfile #Properties #AtHomeWithTrust #HomeAndHectareRural #PropertyPortElizabeth #Gqeberha #Properties
        💥𝐕𝐄𝐑𝐊𝐎𝐎𝐏💥 Baie geluk 💥𝐕𝐄𝐑𝐊𝐎𝐎𝐏💥 

Baie geluk met die 𝐕𝐄𝐑𝐊𝐎𝐎𝐏 van hierdie eiendom André Botha! 👌 

📍 𝐋𝐚𝐧𝐠𝐞𝐧𝐡𝐨𝐯𝐞𝐧𝐩𝐚𝐫𝐤, 𝐁𝐥𝐨𝐞𝐦𝐟𝐨𝐧𝐭𝐞𝐢𝐧
💰 𝐑𝟒𝟗𝟎 𝟎𝟎𝟎

Dit is 'n voorreg en 'n eer om ons kliënte te diens. Of u nou koop of verkoop, ons eiendomspesialis kan u deur die proses help. 

Kry een van ons kundiges in jou hoek!

📞 André Botha 072 610 1271 (Andre En Ethel Botha)
📩 andre.botha@homeandhectare.com

*Geregistreer by die PPRA.

#Sold #HomeAndHectare #RealEstate #AtHomeWithTrust #NewRelease #HomeAndHectareRural #Bloemfontein #BKB #EstateAgent #Langenhovenpark #Freestate
        ⚠️TO LET

📍 𝐆𝐥𝐞𝐧𝐡𝐮𝐫𝐝, 𝐏𝐨𝐫𝐭 𝐄𝐥𝐢𝐳𝐚𝐛𝐞𝐭𝐡
💰 𝐑𝟏𝟐 𝟓𝟎𝟎𝐩𝐦

🏡 Situated within a quiet enclave of the family-friendly suburb of Glenhurd.  This traditional, well-proportioned home offers both character and freshness. 

🛏 3 Bedrooms
🛀 2 Bathrooms
🚗 Single garage on remote
🌳 Enclosed garden with jungle gym

*** Prepaid electricity and utilities for tenants' account. Pet friendly by approval. ***

Its unique position drastically reduces your time on the school run by being mere minutes' drive away from Linkside Pre-Primary, Linkside High, Grey Schools, Newton Tech, Westview, Newton Park Primary, Herbert Hurd, Merryvale as well as numerous well-established daycares and playschools.

Contact Home & Hectare / Benita Snyman on 084 548 3941 for any assistance with 𝐫𝐞𝐧𝐭𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 in Port Elizabeth! 

*Registered with the PPRA.

#Properties #InTrustedCompany #HomeAndHectare #RealEstate #Rental #House #PeterGrahamAvenue #Glenhurd #PortElizabeth #AvailableNow #AtHomeWithTrust
        𝐁𝐊𝐁 𝐕𝐚𝐥𝐮𝐞 𝐀𝐰𝐚𝐫 𝐁𝐊𝐁 𝐕𝐚𝐥𝐮𝐞 𝐀𝐰𝐚𝐫𝐝𝐬 𝟐𝟎𝟐𝟐
 
We are proud to announce the winner of the prestigious 𝐂𝐡𝐚𝐢𝐫𝐦𝐚𝐧’𝐬 𝐀𝐰𝐚𝐫𝐝 𝐟𝐨𝐫 𝟐𝟎𝟐𝟐, congratulations Rubè Bradfield.
 
This award is an opportunity to celebrate our most outstanding employee achievement across all divisions in our @BKB Group.  @homeandhectarerealestate is the property division of BKB and we specialise in residential sales, corporate rentals as well as commercial sales, farm sales, auctions and tenders - @homeandhectarerural. 
 
BKB continuously endeavours to acknowledge and treat clients and colleagues with dignity, encouraging them to grow and help them achieve exceptional levels of performance.
 
Huge congratulations to all the other winners at the BKB Value Awards 2022.
 
At Home & Hectare we will continue to earn and build Trust through our dedicated service and action.
 
Our Values:  #ServiceExcellence #EncourageEntrepreneurship #DirveEarnings #ValueEmployees #ConserveTheEnvironment #Integrity #BKB #HomeAndHectare #RealEstate @homeandhectare_rubebradfield
        Upcoming Auctions in February 1Ha Vacant Land fo Upcoming Auctions in February 

1Ha Vacant Land for Sale in Malmesbury Industria 
Auction: Thursday, 9 February 2023 at 11:00 
For more information, please click on the following link: 
https://www.homeandhectare.com/results/industrial/for-sale/malmesbury/malmesbury-industria/vacant-land/192/ 

985Ha Farm for Sale in Ceres Rural 
Auction: Friday 10 February 2023 
For more information, please click on the following link: 
https://www.homeandhectare.com/results/residential/for-sale/ceres/ceres-rural/farm/4662/ 
 
5471Ha Farm for Sale in Nelspoort 
Auction: 22 February 2023 at 11:00. 
For more information, please click on the following link 
https://www.homeandhectare.com/results/residential/for-sale/beaufort-west/nelspoort/farm/4671/ 

1262Ha Farm for Sale in Jamestown 
Auction: 23 February 2023 @ 8:00-12:00 
For more information, please click on the following link: 
https://www.homeandhectare.com/results/residential/for-sale/jamestown/jamestown/farm/4693/
        ‼️𝙉𝙚𝙬 𝙍𝙚𝙡𝙚𝙖𝙨𝙚‼ ‼️𝙉𝙚𝙬 𝙍𝙚𝙡𝙚𝙖𝙨𝙚‼️

📍 𝐋𝐚𝐝𝐲 𝐆𝐫𝐞𝐲, 𝐄𝐚𝐬𝐭𝐞𝐫𝐧 𝐂𝐚𝐩𝐞 
💰 𝐑𝟗𝟗𝟗 𝟎𝟎𝟎

🏡 𝗡𝗮𝘁𝘂𝗿𝗲 𝗮𝘁 𝗶𝘁𝘀 𝗯𝗲𝘀𝘁! Calling all nature lovers to view this charming 3-bedroom cottage in the mountains.

🛏 3 Bedrooms 
🛁 2 Bathrooms
🤽‍♀️ Splash pool
🔥 Braai lapa
💦 Borehole
🌳 Beautiful Garden created between natural rocks
🚗 Double garage 
💥 No transfer duty

Call our professional property practitioner on

📞 Marlet Nel 072 408 1782
📩 marlet.nel@homeandhectare.com 

*Registered with the PPRA

#NowSelling #HomeAndHectare #RealEstate #AtHomeWithTrust #HomeAndHectarerural #NewRelease #LadGrey #MurrayStreet #MoveWithMarlet #EasternCape #AgentsOfExcellence #BKB
        ‼️𝙉𝙚𝙬 𝙍𝙚𝙡𝙚𝙖𝙨𝙚‼ ‼️𝙉𝙚𝙬 𝙍𝙚𝙡𝙚𝙖𝙨𝙚‼️

📍 𝐌𝐨𝐭𝐡𝐞𝐫𝐰𝐞𝐥𝐥, 𝐏𝐨𝐫𝐭 𝐄𝐥𝐢𝐳𝐚𝐛𝐞𝐭𝐡
💰 𝐑𝟕𝟓𝟎 𝟎𝟎𝟎

🏡 This lovely well maintained family home is ready to move in, perfect for the first-time homeowner. 

🛏 3 Bedrooms 
🛁 2 Bathrooms 
🏠 Flatlet

Call our professional property practitioner on

📞 Zim Mlele 079 504 1024
📩 zim.mlele@homeandhectare.com 

*Registered with the PPRA

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