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Asset & Moveables Auctions

How does the Auction work?

African Wildlife Auctions shall have the right to, regulate and control the asset & movables auctions. Each item is sold at the auction as a lot/individual item.

AWA host the Asset & Movables Auctions in order to assist you with the following:

  1. Hosting the auction for the day.
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  3. Management and preparation of all marketing material and advertising media.
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  5. All administration in regards to the buyers, sellers and legal requirements of the auction.
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  7. Maximum of 7.5% commission on sales value for the seller’s account.

Asset & Movables Auctions Costs

  • The buyer will pay the Auctioneer a premium of 8.5% Including VAT, on the “Hammer Price”. The premium is not negotiable and is payable by all purchases.
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  • All goods on auction are required to be on-premises at the latest on the afternoon (12h00) 3 days before the auction to allow for printing and preparing of catalogues.
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  • All transport costs to and from the asset & movables auctions are for the account of the seller or buyer.
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  • There will be R2000.00, Inclusive VAT, vehicle paper processing fee charged per vehicle.
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  • R5000-00 (Five Thousand Rands) Bank Guaranteed Cheque, Card or EFT is payable upon registration as a buyer.

Fica Requirements

Kindly note the following FICA documents are required on registration: NB VALID TV LICENCE WHEN PURCHASING ANY TV UNIT.

If purchasing in your personal capacity, a copy of your ID and recent (not older than 3 months) proof of residence is required.

If purchasing in your company name a copy of company registration form CM1 or CK1, CM46, CM9, a utility bill & CM29 or a Resolution from the company authorising a representative to bid is required.

If purchasing where the person is not an RSA citizen, a copy of passport and proof of residence if living in RSA is required.

Contact Details:

Natalie Du Toit

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