Introduction
Thunder Auctioneers was established in 1996, with a management
change in the beginning of 2000.
This new association, offers a
highly motivated, well connected team of professionals who are able to
network throughout the country.
We have a comprehensive
computerised mailing list enabling us to draw from many areas of the
market place.
The Principals involved are :
John
Webber (S.A. Citizen)
Government Appointed Appraiser / Registered
Estate Agent
De Villiers Pelser (S.A. Citizen)
Government Appointed Appraiser / Registered Estate Agent
In addition, our staff
complement comprises of :
Auction Manager
Company
Secretary
Admin Manager
Warehouse Staff (* 3)
Company Details
- Office and Warehouse
accommodation : Lower Level Hillgate Shopping Centre, Old Main Road,
Hillcrest. Approximately 1000m2 of warehouse and storage
space.
- 24 Hour guard with radio
linked to Mobile Armed Response. Our premises are fully enclosed and
floodlit.
- Government Appointed
Appraiser.
- Banking details : ABSA
Trust and Business accounts.
- Goods insurance coverage,
Insured for Cash on Premises.
- 1 - 3 Ton vehicle transport
available.
- 36 Old Main Rd, Suite 1 Lower
Level, Hillgate Shopping Center (behind
Kwikspar), Hillcrest, 3610.
- Postal Address: PostNet Suite
10123, Private Bag X7005, Hillcrest, 3650
Computer System
Using a comprehensive database operating on
Microsoft access, we are able to produce a unique goods number for all
loose assets, thereby ensuring absolute accuracy when invoicing and
stocktaking.
Vendue
Roll
Thunder
Auctioneers utilises a program designed exclusively for this company.
Every loose asset carries a unique (unrepeated) Goods Number which allows
for complete transparency and accurate vendue rolls.
The system is
backed up at the end of each day and we make use of an uninterrupted power
supply, thereby eliminating possible errors in the event of power
failures.
Auction
Format
- The company provides a fully
secure repossession yard and warehouse with 24 hour security and is
floodlit to accommodate all repossessed plant, machinery and
vehicles.
- All assets are valued by
Government Appointed Appraisers who are fully aware of current market
values.
- Appraisals are submitted with a complete detailed description of the related
assets.
- Staff employed by this company
include a Code 08, 10 and 11 driver.
- All assets are fully insured
immediately on collection. In addition, such assets are fully insured
when in this company's possession. When in this company's possession,
vehicle rotors are removed and stored in the Company safe, along with
the vehicle keys.
- Vehicles and assets will be
submitted for sale fully prepared, viz., valet etc., at no extra cost to
the client, to enable us to achieve maximum realisation
values.
- Auctions are conducted in the
company warehouse,
with vehicles being included in these sales.
Specialised assets and vehicles can be put
up for sale, STC "Subject to Confirmation" in order that the Financial
Institution may consider the offer before accepting them. This would be
discussed before the Auction, with `Reserve Prices` being set on the
relevant assets.
Disbursements
No collection fee will be charged with regards to the
upliftment of vehicles. However should vehicles not be in running
condition, permission will be sought from the instructing party to incur
costs for towing.
Upliftment is at a charge on all household goods,
machinery and plant, depending on the size of truck required & the
area the goods are being uplifted from.
Buyers commission charges on successful sales will be restricted
to 14% (VAT incl.) on loose assets including Household Goods, machinery,
Plant, Vehicles and trucks.
Sellers commission charges on successful sales will be restricted
to 20% (VAT incl.) on loose assets including Household Goods, machinery,
Plant, Vehicles and trucks..
Fixed property will be charged at
Estate Agent commission rates, viz., 7% (plus VAT). Advertising costs will
be borne by the Seller. To this end an Advertising Schedule will be
presented to the Seller by the Auctioneer for their approval.
All
purchases are made on a CASH or BANK GUARANTEED CHEQUE basis
only.
Monies are deposited into a TRUST BANKING ACCOUNT and will be
paid to the Seller after seven (7) working days, following completion of
the sale. Commission on successful sales will be invoiced direct to the
client. The onus is on the client contact our offices to request the
payment.
Conclusion
Thunder
Auctioneers is by no means the largest Auctioneering firm, nor have we
been around the longest. But, we can promise that our team is absolutely
committed to customer satisfaction. We provide personal service whilst
maintaining a high degree of professionalism.
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