Auctions are a major opportunity to put hard-earned December bonuses to work in search of investments and necessities for the year ahead.
December and January are the best times to buy and trade assets, as sellers are looking to raise cash for holidays and buyers are more cash-flush than usual.
Smart investors are also aware of the scramble to convert goods to cash and face less competition because a lot of people are away on holiday.
Even large-scale property auctions are more likely to deliver bargains at this time of the year. Park Village Auctions head auctioneer Clive Lazarus says this time of the year is unique as it attracts serious buyers and sellers for properties, farms and industrial equipment, household goods and vehicles.
“Don’t underestimate the value of your money. With your bonus in hand, you have tremendous buying power and are highly likely to succeed in finding the kind of investments you are after. It cuts out the haggling, is safer and the purchase is made on the spot subject to no conditions,” says Lazarus
He suggests buyers watch the auction pages and visit the Park Village Auctions website, www.parkvillageauctions.co.za, daily to seek opportunities and identify the goods required. Depending on the type and location, bidders can either physically attend the auction or log onto the live online facility.