Technology has widened the net for auctions
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