By now, most of you have probably heard about and used our new Auction Management System, AuctionNow.
AuctionNow is a game changer for the property industry. Being the first complete end-to-end auction management system – from listing to auction day and through to exchange, AuctionNow has revolutionised the auction process! The core functionalities of AuctionNow include:
- WATCH – real-time live streaming
- REGISTER – buyers can register themselves/agents can register buyers online using ID scanning technology
- BID – buyers can bid online from anywhere in the world
- BUY & EXCHANGE – contracts can be exchanged electronically through the Docusign integration
The system is available for all agents across all states of Australia. Once an auction listing has been created, the agent has full control over what features they’d like to employ. If they choose to allow online bidder registration and online bidding, they will be able to approve or deny any registration requests and bids. What’s more, all auction documentation (reserve letters & bidding authority forms) can be electronically created, signed and stored on AuctionNow – an easy, orderly and efficient compliance system!
AuctionNow also offers some some really impressive post auction functions…
Once the auction is complete, a comprehensive Auction Details Report can be generated with the click of a button. Agents also have the option of requesting an Auction Highlights Video – a great tool to further promote the auction result on social media.
For vendors, AuctionNow is beneficial in that it broadens the reach of their property. The online bidding function removes barriers to auction enabling unrestricted competition. On auction day, if vendors can’t be there, they can remotely watch their property go under the hammer from anywhere in the world via the auction live stream and should they need to revise their reserve price, they can do so electronically.
The future is now – fast, effective, transparent and reliable, that’s AuctionNow!
For more information about the system, contact the AuctionNow team today on 02 8319 2899 or hello@auctionnow.com.au.