South Coast Auctions, the Illawarra’s leading auction house for cars and general goods, is about to target an even bigger audience with the introduction of online auctions.
Greg Mason, who has managed the business for the past 30 years, says that now on top of the hundreds and hundreds of people they have turn up to their Saturday auctions people from across Australia will be able to register and bid from their computer.
“We will still hold the traditional auctions at our premises in Kemblawarra just like we have done for the past 30 years because you really can’t beat the atmosphere of a live auction,” Greg said. “But we will now also be taking online bids. When someone bids online it comes through immediately to the auctioneer as the auction is happening.”
Bidders need to go online to www.southcoastauctions.com.au, register and agree to the terms and conditions prior to the auction and then you are ready to log in and bid away.
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Not all of the thousands of items sold at South Coast Auctions will be available online but on the Friday prior, an auction catalogue will be available on the website listing the items that are available for online bidding.
“The online auctions are a big plus for those who live outside the area and it is also a great thing for our vendors who will have their items exposed to a wider range of buyers Australia wide,” Greg said.
Online bidding will begin at South Coast Auction’s next general auction on Saturday March 4.
As well as live auctions, the auction house is now also offering online timed auctions, where an item is listed for sale online for a period of time (say 5 or 7 days) and people can bid for that item until the auction closes. The goods are then sold to the highest bidder.
As a bidder you have the flexibility to bid at anytime and register a maximum bid.
“Most people are familiar with this type of online bidding, but the benefit here is that we will always have a personal contact where people can call and ask us for information on the product we are selling,” Greg said.
South Coast Auctions conducts motor vehicle auctions on the second and third Saturday of the month and holds general auctions on the first Saturday of the month.
They often have between 50 and 100 cars at the car auctions each week.
The general auctions see a wide range of items listed such as industrial, earthmoving plant and equipment, agricultural machinery, furniture and electrical, computer and office equipment, jewellery, antiques, white goods, boats and vintage cars.
Items come from companies that have gone into receivership, used council equipment, government stores and personal sales.
Greg said, “After doing auctions for 30 years we believe we are pretty good at it. So come along or jump online and see for yourself!”