Key Functionalities of Hamilton's Online Auctions Platform.

Hamilton's Property Portfolio is pioneering a wave of new technology in South Africa powered by PremProperty. We have created a world-class platform offering both sellers and buyers the boutique experience within an efficient online process.

Introducing Hamilton's Online Auction Platform. An exciting new system that bridges the gap between traditional and contemporary property marketing by keeping the agent and seller centred throughout the process.

In order to ensure the seamless selling and buying process that this innovative system provides, we take a closer look at the platform's key and convenient functionalities.

Efficient Selling Process

Perhaps the single largest advantage of online auctions is that you are likely to speed up the sales process due to the option of setting a specific auction date. Once the hammer falls, buyers are legally obligated to commit to the sale.

You have the option of selecting and adjusting these dates based on preferences that suit you.

Avoiding Chain Sales

For anyone who understands the selling and buying in a traditional sense, a property chain refers to a series of separate property transactions which are fully dependent upon each other to secure a successful transaction

However, when a property is purchased based on the sale of another property, it can slow down the process and add unnecessary complications. Hamilton's Online Auctions Platform

does away with this by allowing you to focus on selling or buying specifically.

Beyond this, buyers will also receive notifications on which properties are up for auction. Investors who are looking for properties to develop or renovate often utilise auction sites to find their ideal property.

Sellers Maintain the Final Say

The luxury of having full control over the sale, transaction process, and final buyer of your most precious asset is crucial to ensuring what we offer as a "boutique experience" matches your expectations.

The home seller maintains control of the process when the property is sold through standard terms and conditions stipulated on the auctions platform. Any bid made by a buyer is legally binding once the seller has confirmed the sale.

From there, the option to scrutinise and select bids can be done at your leisure.

Competition is increased

Successful auctioning platforms do an excellent job at increasing overall exposure to your home. Because of this, the more potential bidders there are competing for property, the higher your chances of getting an increased amount for your final sale value.

The PremProperty platform is locally developed but competes simultaneously with international platforms. From user-friendly interfaces to a 250 millisecond response time, PremProperty has been built using the latest state of the art technologies, which far outpaces other platforms.

Seamless integration makes it easy for your property to be listed by our agents. From the buyer's perspective, they will enjoy a full listing that includes all the necessary information, from professional photography to all the key features of the land and buildings.

Advantages of Hamilton's Online Auctions Platform

Beyond the seamless integration of the traditional selling and buying process into one neat and effective system, our platform offers additional advantages for our discerning clients. These include the following:

• Ease and speed of registration

• Push notifications. (for all devices)

• Confidential bidding.

• Automated bidding with maximum bid functionality.

• Extended bidding timers.

• View live and upcoming auctions.

• High-speed bidding.

The envisioned purpose of our contemporary platform is to offer our customers efficiency and peace of mind during their unique boutique experience.

Contact Hamiltons Property Portfolio for all your buying or selling requirements:

Johannesburg (Head Office): 011 463 0155

Cape Town: 021 418-0328

Garden Route: 044 050 3295

Eastern Cape: 076 927 7787

Or email reception@hamiltons.co.za

Resources:

https://docs.google.com/document/d/1Vv45FgCKPMgulo0eQu054zaFhi-8Cuv_NxH66bVbcaA/edit\