| |
Aucor pioneered online auctions in South Africa in 1999, following the growing success of E-Bay. Today, Aucor is the only land-based auctioneer operating online auctions. Our dedication to “limited clicks” virtual auctions puts us at the forefront of the cyber-auction arena.
A significant risk in online auction is fraud. As the only fully e-commerced enabled online auction site, Aucor has implemented the “risk free option”, which affords buyers and sellers security unparalleled in the industry:
- Bidders submit a deposit of 10% .
- 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 auctions stand testimony to our expertise and professionalism within this sphere.
With R6 million having been spent in perfecting our on our online site, and a further R5 million earmarked for research, development and hosting over the next two years, Aucor’s online operating contingent acts as a pivotal cornerstone of our overall success. |