Online auctions in Cape Town

Online auctions in Cape Town are held over the internet. Online auctions in Cape Town come in many different formats, but most popularly they are ascending English auctions, descending Dutch auctions, first-price sealed-bid,Vickrey auctions, or sometimes even a combination of multiple auctions, taking elements of one and forging them with another. The scope and reach of these auctions have been propelled by the Internet to a level beyond what the initial purveyors had anticipated.  This is mainly because online auctions break down and remove the physical limitations of traditional auctions such as geography, presence, time, space, and a small target audience.

Bidders can browse comprehensive, media rich catalogues, see images and videos and bid over the internet in real time with live audio and video feeds delivering an authentic auction room atmosphere – all from the comfort of their home or office.

Some Online auctions in Cape Town will now be available only online as timed auctions, these changes will be communicated per auction.

How to register for an online auction

• Register Online [Create an account]
• Bid for a specific property
• Click on that auction
• Once you get email notification then you are able to bid

For more articles like this please see: Auctions in Johannesburg