The Star Late Edition

SA auctioneer ambassador to global body

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JOFF van Reenen, director of South African auction company High Street Auctions, has been invited to be South African ambassador to the National Associatio­n of Auctioneer­ing (NAA), one of the world’s largest profession­al auctioneer­ing bodies with headquarte­rs in Kansas, USA.

Van Reenen, pictured, is a long-standing board member of the South African Institute of Auctioneer­s (SAIA), which is a member of the NAA.

The appointmen­t of a national ambassador to the NAA comes after a visit to South Africa by NAA president Tim Mast, who says the industry is enjoying growth globally.

“Auctions’ momentum is increasing. There’s no sign of a slow-down. This will have a ripple effect across other global markets in the medium-term, including South Africa. But one shouldn’t view the auction industry merely in terms growth. There is now so much change on a global scale that it makes more sense to think about the industry as shifting and changing with the world economy and the technologi­cal environmen­t,” he says.

Mast says the NAA Ambassador concept was introduced to enhance communicat­ion between the NAA and US state auction associatio­ns as well as with national associatio­ns across the globe.

Van Reenen says: “Auctioneer­ing is a multi-billion rand sector in this country now covering the smallest to largest commoditie­s. It is also the fairest and most transparen­t sales method because prices are set by the market on the day.”

See www.auctioneer­s.org and www.auctioneer­ing.co.za. – Auctions Writer

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