Aucor pioneered online auctions in South Africa in 1999, following the growing success of E-Bay. Today, Aucor is the only land-based auctioneer also operating online auctions. Our dedication to “limited clicks” virtual auctioneering puts us at the forefront of the cyber-auction arena.
A significant risk area in online auctioneering is fraud. As the only fully e-commerced enabled online auction site, Aucor has implemented the “risk free option”, which affords our buyers and sellers more security than any other online auction site:
10% of the bid is put down as a deposit.
A seven-day window exists during which the buyer may raise a dispute. Only after this period is payment effected.
Our role as objective middlemen protects the interests of both parties in terms of payment and delivery.
Our virtual auctioneering portal offers tailored facilities, catering to individual consumers, large corporates and retailers.
Our “Featured Marts” provide the seller with front-page exposure, exclusively showcasing their product. Companies such as Avis Car Hire, Samsung, Sony and SAA have all realised outstanding returns through the use of this feature. We are always happy to assist in customising a Featured Mart to your product range.
We are expertly equipped to handle private online auctions, a feature that is used predominantly by the corporate sector
The Wishlist service allows a buyer to search for any asset, so as to ascertain when next it will go up for auction. The buyer is sent email reminders to this effect.
Our automated delivery systems kick in as soon as a sale is made, providing you with a seamless collection and delivery process
The page ranking website alexa.com, which currently rates over 30 million websites, places Aucor in the top 1% of sites worldwide. Perhaps even more remarkable, is that we are the only South African land-based and online auction site rating within the top million.
Aucor’s proven anti-fraud mechanisms have made us the obvious choice to power popular sites such as:
Some benchmark online Aucor auctions stand testimony to our expertise and professionalism within this sphere:
We broke the world record when a bottle of champagne was sold online for R136 000
An online low-cost housing auction saw the successful sale of 60 repossessed units
The Scott Stores Liquidation exceeded all expectation when Aucor sold the shop fittings of over 100 stores in only 6 days
With R6 million having been spent to date on our online site, and a further R5 million earmarked for development and hosting over the next two years, Aucor’s online operating contingent acts as a pivotal cornerstone of our overall success.