Tech­nol­ogy has widened the net for auc­tions

The Star Early Edition - - INTERNATIONAL -

ONE OF the ex­cit­ing new de­vel­op­ments in auc­tion­eer­ing has been ad­vances in the use of in­for­ma­tion tech­nol­ogy, such as on­line sales and apps to make auc­tion in­for­ma­tion more promptly ac­ces­si­ble, says SA In­sti­tute of Auc­tion­eers chair­per­son John Cow­ing.

He was speak­ing at the in­sti­tute’s an­nual gen­eral meet­ing in Joburg.

The in­sti­tute also launched its own app for mem­bers to down­load to mo­bile de­vices at the well-at­tended gath­er­ing in Morn­ing­side.

Guest speaker Dr Eric Leven­stein, from Werks­mans At­tor­neys, dis­cussed the fu­ture of liq­ui­da­tion auc­tions, and real es­tate author­ity Pam Sny­man in­formed mem­bers about the pro­posed Prop­erty Prac­ti­tion­ers Bill.

Stanley Hack, 98, a found­ing mem­ber of the in­sti­tute, be­came its first hon­orary life mem­ber. Hack started his ca­reer in 1935 and is not only the long­est-serv­ing mem­ber of the in­sti­tute; he also holds the record for the long­est con­tin­u­ous auc­tion sale of cars – a 10-day marathon. – Auc­tions Writer

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