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043 555 0674 admin@tpsel.com

Company Profile

Thompson Property Specialists (Pty) Ltd has a full complement of staff members, operating in East London.

Thompson Property Group is a unique group of companies, some may call us a deal-house, some may call us a digital marketing machine, and some even refer to us as turnkey specialists...we simply love to refer to ourselves as a passionate, happy, group of individuals constantly looking at re-engineering the industry mould.

Thompson Property Specialists (Pty) Ltd 2012 Auctioneers, Appraisers & Realtors Property Division:

Thompson Property Specialists (Pty) Ltd is a member of the SA Institute of Auctioneers with a valid Fidelity Fund Certificate.

All the real estate agents or candidate agents are registered with the Estate Agency Affairs Board (F144710).

What we do

We conduct auctions, online, on-site, or via tender bid of immovable property in addition to selling property by private treaty.

The company conducts regular auction sales of merchandise of any nature whatsoever. We an end to numerous appraisements and auction sales in deceased estates, liquidations, and insolvency matters as well as auctions on behalf of government departments, universities, and other corporate bodies.

To complement the above activities we offer a Business Brokering Service. Due to our team’s vast experience in all aspects of disposals, business, and property transactions, we offer a unique service as soul-on engineers for our clients - no problem is too small or too big!

Our premises in East London are centrally situated at Shop 14F, Beacon Bay Crossing, Beacon Bay, and comprise office space. We can also be found in Cape Road Port Elizabeth.

Thompson Property Specialists (Pty) Ltd has shown incredible growth over the past few years and attributes this to strong networking relationships which are borne out by our 30,000-strong client database. Personal growth and staff development are of paramount importance to us as we seek to nurture and grow local talent from within.

As a result of the team at our disposal we broadly speaking refer to ourselves as “Solution Engineers” in that we:

Why Selling Your Home via Voluntary Auction with Thompson Prop is the Most Beneficial Way to Sell

When it comes to selling your home, the traditional methods of listing with a real estate agent or selling privately might seem like the only options. However, there's another highly effective method that can often yield better results: selling your home via voluntary auction. At Thompson Prop, based in East London, South Africa, we have perfected the art of auctioning properties, and our impressive 90% selling hit rate is a testament to the effectiveness of this approach.

1. Speed and Efficiency

One of the most significant advantages of selling your home via auction is the speed of the process. Traditional home sales can take months, with numerous showings, negotiations, and the uncertainty of potential buyers securing financing. In contrast, auctions are fast-paced and decisive. With Thompson Prop, the entire process from listing to sale can be completed in a matter of weeks. This rapid turnaround is ideal for sellers who need to move quickly due to job relocation, financial circumstances, or other personal reasons.

2. Competitive Bidding

Auctions create a sense of urgency and competition among buyers, often leading to higher sale prices. When buyers know they are competing with others, they are more likely to bid aggressively to secure the property. This competitive bidding environment can drive up the price, sometimes exceeding the seller's expectations. At Thompson Prop, we have witnessed numerous instances where properties sold at auction have achieved prices well above market value, all thanks to the competitive nature of the auction process.

3. Transparent and Fair Process

The auction process is transparent and fair for all parties involved. Potential buyers have equal access to property information and can bid openly during the auction. This transparency builds trust and confidence among buyers, which can be particularly appealing to those who might be wary of traditional sales tactics. Additionally, sellers can feel assured that their property is being presented fairly to the market, with all interested buyers having an equal opportunity to bid.

4. Certainty of Sale

One of the most frustrating aspects of traditional home sales is the uncertainty. Even after accepting an offer, deals can fall through due to financing issues, inspections, or buyer's remorse. With auctions, sales are typically final. Buyers must pre-qualify and provide proof of funds before participating, reducing the risk of the deal falling through. Once the hammer falls, the sale is secure, providing peace of mind to the seller.

5. Attracting Serious Buyers

Auctions tend to attract serious buyers who are ready to purchase. Unlike traditional listings, where buyers might be browsing casually, auction attendees are typically prepared to act quickly. They have done their homework, secured financing, and are motivated to buy. This focus and readiness increase the likelihood of a successful sale, as our 90% hit rate at Thompson Prop demonstrates.

6. Market-Driven Pricing

Setting the right price for a property can be challenging. Overpricing can lead to a property sitting unsold for months, while underpricing leaves money on the table. Auctions solve this dilemma by letting the market determine the price. Buyers bid what they believe the property is worth, often resulting in a fair market value or even higher. This market-driven approach ensures that properties are sold at a price reflective of current demand and value.

7. No Negotiations

Negotiations can be a stressful and lengthy part of the traditional home selling process. Buyers and sellers often go back and forth over price, repairs, and contingencies, which can delay the sale and create tension. Auctions eliminate this hassle. The terms of the sale are set in advance, and the highest bid wins. This straightforward approach streamlines the process and removes the uncertainty and stress of negotiations.

8. Broad Exposure

Properties sold at auction receive broad exposure. At Thompson Prop, we employ comprehensive marketing strategies to attract a wide range of potential buyers. Our marketing campaigns include online listings, social media promotion, email blasts, and targeted advertising to ensure that as many interested parties as possible are aware of the auction. This extensive exposure increases the pool of potential buyers, enhancing the chances of a successful sale.

9. Flexibility for Sellers

Voluntary auctions offer flexibility for sellers. You can set a reserve price, ensuring your property won't sell for less than you're willing to accept. Additionally, you can choose the auction date that best fits your timeline. This control over the selling process allows you to tailor the auction to your specific needs and circumstances, making it a highly adaptable method of selling your home.

10. Professional Guidance and Support

At Thompson Prop, we provide professional guidance and support throughout the auction process. Our experienced team is dedicated to helping you achieve the best possible outcome. From the initial consultation to the final sale, we are with you every step of the way, offering expert advice, marketing support, and auction day management. Our goal is to make the process as smooth and successful as possible for you.

Conclusion

Selling your home via voluntary auction with Thompson Prop in East London, South Africa, offers numerous benefits that traditional methods simply can't match. The speed and efficiency, competitive bidding, transparent process, certainty of sale, and ability to attract serious buyers are just a few reasons why our 90% selling hit rate speaks for itself.

If you're considering selling your home and want a method that maximizes your chances of a successful and profitable sale, contact Thompson Prop today to learn more about how our auction services can benefit you.

Ready to experience the advantages of selling your home at auction? Reach out to Thompson Prop and let us help you achieve a successful sale with our proven auction process.

Contact Us

EAST LONDON

Shop 14F, Beacon Bay Crossing Beacon Bay East London, Eastern Cape South Africa

PORT ELIZABETH

216 Cape Road Port Elizabeth, Eastern Cape

Phone: 043 555 0674

Email: admin@tpsel.com

Website: www.thompsonprop.com