BidCo Auctioneers (Pty) Ltd is accredited and hold fidelity fund certificates with both, the Institute of Auctioneers (S.A.I.A) as well as the Estate Agency Affairs Board (E.A.A.B).
The Bidco team brings together a wide range of professional and practical skills and experience relevant to the auctioneering and asset management fields, backed by competent and dedicated staff.
Legal, financial, administrative, valuations and of course auctioneering skills are brought to bear in the disposal of customers’ assets to best advantage. Our aim is to minimize losses and offer unique methods of satisfying our customers.
We recognize that to grow successfully we must be alert and responsive to the needs and challenges of our clients and industry. Our business depends on our reputation for quality, performance, efficiency, and timeliness and, above all service. We provide a highly motivated team with a proven track record that has grown accustomed to success.
The testimony of our professionalism and caring attitude is our previous and current blue-chip clients which include: UD Nissan Diesel, Tyco Select, Bell Equipment South Africa, Hitachi, Komatsu, M.A.N, Daimler Chrysler Financial Services, Wesbank, First National Bank, Absa, Standard Bank, Auto & General (Hotline), Outsurance, Regent, Rainbow Finance and many more. We handle all types of auctions and asset management of every kind. We know who to market your assets to its best advantage, we understand the markets and we are able to bring buyers and sellers together.
- Pre-finance Valuations/Reports
Inventory & Stocktaking
Asset Preparation Facilities
Property and Loose Asset Valuations
Tenders / Out of Hand Sales
Immediate and Accurate Accounting
Valuations and auctioning of fixed property
Valuations and auctions of furniture, appliances, office furniture and catering equipment
Purchasing, selling and auctioneering of all moveable assets on or off-site
Auctioning of vehicles and earthmoving equipment
Stock clearance auctions on or off-site
Closing down auctions
Storage facility and Assessment Centre available for vehicles (runners and non runners)
Storage facility for loose assets
Bidco Auctioneers (Pty) Ltd one of Gauteng’s top auctioneering and asset management companies, with annual sales exceeding R100 million has a solid background and years of growth through the provision of exemplary service to its customers. Launched as a one-man business in 1993, the company rose to prominence as the independently functioning Pretoria-based regional subsidiary of a nationwide group. In 2003 the directors and management of the subsidiary bought out the equity held in it by the nationwide group, to establish a fully independent company under the name of Bidco Auctioneers (Pty) Ltd.
To utilize and broaden our capital’s buyers market with regular bank repossession auctions. Pretoria and it’s surrounding areas are one of the strongest economies in South Africa and this offer us the opportunity to benefit from a very strong buyers market, from both dealers and private buyers, to maximize our recoveries.
According to Statistics SA there are 10.53 million people living in Gauteng, of which one third in the greater Pretoria area.