Auctions

Your property is special - we treat it with the respect it deserves.


We only have one chance to represent your property and we don’t want to leave anything to chance.

When we moved to 369 Remuera Road, we gained a dedicated space to run the business more effectively. This provided us with fantastic rooms in the heart of Remuera Village, which we custom-designed to auction our vendors’ properties. Large, light-filled, warm and comfortable, it is a convenient and uplifting environment in which to do business.

We will be there with you every step of the way – that is our commitment to you.

Unlike many agencies, we don’t take a ‘one size fits all’ approach to auctions. We prefer to take our time, to listen to our clients’ needs and work towards the very best outcome. Some agencies promote auctions on site as the best way to sell your property. But we achieve optimum results by having absolute control over the environment. Having our own premises ensures we are unaffected by the distractions of inclement weather, neighbours, parking on the street and noise. When we are negotiating the terms of exchange for property, we cannot afford to take risks.

That’s why we have also secured the formidable professional skills of some of the country’s most experienced and respected auctioneers. We regularly see them achieving a premium price for our sellers that we are certain other auctioneers could not have achieved. We are very proud to offer this level of service to clients who entrust us with the sale of their property.

When buying or selling property at auction, the more knowledge you have on the process the better. Your agent can offer advice. Ask them as many questions as you can. However, both buyers and sellers should also come along to the auction rooms to become familiar and comfortable with the whole experience.

Our office at 369 Remuera Road - Where our in rooms auctions are held.

Our office at 369 Remuera Road - Where our in rooms auctions are held.

When the selling process takes place, it is fast. It is also transparent as all competitive bids come out into the open in quick succession. There is a certain amount of game-playing and strategy at work - which can either be exciting or daunting - especially for those who lack confidence and are unsure about what they are doing.

At the auction, the auctioneer asks for an opening bid and then offers increments by which the bidding can be raised. For example, they might suggest bids of $10,000 increments but sometimes they go as low as $500. To bid, buyers simply hold up their hand, nod their head to attract the auctioneer’s attention or call out.

When the bidding has reached the reserve price agreed by the seller, agent and auctioneer - established from feedback given by interested parties to the agent - the property is ‘on the market’. The auctioneer then works the room to elicit all possible bids from buyers. The property will sell to the highest bidder, at the fall of the hammer. Going, going, GONE!

If it does not meet reserve, the agent and auctioneer work with prospective buyers to get the property sold. If it meets the reserve yet fails to sell, this doesn’t mean the auction hasn't worked. It simply means the process continues and the agent works with all bidders and other interested parties to get the property sold.

If you are interested in a bidding for a property at auction, you must register your interest formally with an agent. That way, if somebody makes a pre-auction offer you will be contacted and given the opportunity to submit an offer.

If you want to see our auctioneers in action, come along to one of our Wednesday evening auctions at 369 Remuera Road, Remuera Village at 5pm and afterwards finish the evening with a glass of wine or a meal at one of the fantastic bars or eateries nearby.


Auction Standard Conditions

Auction – Standard Conditions

Standard Conditions Of Sale and Conduct of Auction as approved by the Real Estate Institute of New Zealand Incorporated and by Auckland District Law Society Incorporated.

CONDITIONS OF SALE

  • The property and the chattels included in the sale are sold on these Particulars and Conditions of Sale, the General Terms of Sale and any further Terms of Sale.
  • GST will be payable in accordance with the statement of the purchase price in the Memorandum of Contract.
  • The GST date is:
  • The settlement date is:
  • The interest rate for the late settlement is:

CONDUCT OF AUCTION

  • The property is offered for sale subject to a reserve price and, subject to the reserve price being met, the highest bidder whose bid is accepted by the auctioneer shall be the purchaser.
  • The auctioneer may nominate the sum by which the bidding can be raised.
  • The auctioneer may refuse any bid.
  • The auctioneer or the licensed real estate agent acting for the vendor in respect of the sale may submit a bid on behalf of any person. The auctioneer shall identify a person so acting before the commencement of bidding.
  • The vendor reserves the right to bid personally, by a representative, or through the auctioneer and to withdraw the property at any time before it has been sold and without declaring the reserve price.
  • If a dispute arises concerning any bid, the auctioneer will determine the dispute or re-offer the property at the last undisputed bid.
  • The purchaser shall immediately on the completion of the auction;
    • Sign the memorandum of Contract failing which the auctioneer may sign on behalf of the purchaser.
    • Pay to the vendor's licensed real estate agent the deposit being 10% of the purchase price unless otherwise agreed; and
    • Complete its GST information in Schedule 1, if applicable.

Upcoming Auctions

Wednesday 31 May, 2017

Kohimarama

1/271 Kohimarama Road
Wednesday 31 May
5:00PM


3

2

4

Remuera

7 Shore Road
Wednesday 31 May
5:00PM


5

3

3

Thursday 01 Jun, 2017

Mission Bay

33 Patteson Avenue
Thursday 1 June
3:00PM


5

3

4

Remuera

82 Upland Road
Thursday 1 June
5:00PM


4

2

4

Sunday 04 Jun, 2017

Glen Innes

26 Apirana Avenue
Sunday 4 June
1:00PM


0

0

0

Stonefields

64 Searle Street
Sunday 4 June
7:30PM


5

3

2

Tuesday 06 Jun, 2017

Stonefields

302/3 Bluegrey Avenue
Tuesday 6 June
7:30PM


2

1

1

Wednesday 07 Jun, 2017

Parnell

7/32 Brighton Road
Wednesday 7 June
5:00PM


3

2

2

Remuera

25 Seascape Road
Wednesday 7 June
5:00PM


4

2

2

Thursday 08 Jun, 2017

Stonefields

38 Garin Way
Thursday 8 June
6:30PM


4

2

2

Friday 09 Jun, 2017

St Heliers

50 Ashby Avenue
Friday 9 June
6:00PM


5

3

7

Sunday 11 Jun, 2017

Mangere Bridge

30b Taylor Road
Sunday 11 June
4:00PM


5

3

2

Thursday 15 Jun, 2017

Remuera

80A Waiatarua Road
Thursday 15 June
4:00PM


2

1

2

Contact Us

If you would like to know more about a property or require further information about the local market please get in touch and we will get back to you as soon as possible.


Things to know

14 June 2016

Why Auction?


When selling by auction a premium price is achieved from open competition between buyers, in one place at one time with a strong desire to purchase your property on the day.

More
15 June 2016

Buying Property at Auction


Buying at auction can be daunting for even experienced purchasers, follow these tips to help prepare you for the big day.

More