The firm, with more than R1 billion in sales, employs 28 staff in Durban, Johannesburg, Cape Town and Port Elizabeth. In2Assets staff and directors include lawyers, auctioneers, marketing specialists and property valuators.
Law firm Strauss Daly Attorneys is a strategic partner in the company. In2Assets has held more than 50 auctions since it opened for business two years ago and has secured more than R1 billion in sales revenue. The branch in PE will cover the whole Eastern Cape as far north as Umtata and will be headed up by Brad Dowlman, a dynamic property broker from the Eastern Cape.
Vian Tee, an attorney from Strauss Daly Attorneys in PE will oversee operations.
In2Assets specialises in commercial, industrial and agricultural property. National Managing Director Hein Hattingh said the group was excited about expanding into the Eastern Cape.
“This is a vibrant market and we are eager to operate here. Our commercial auctions are must-do events on the business calendar and are conducted by our well-known auctioneer, Andrew Miller.
“Each auction is preceded by a thorough market analysis, an official valuation and extensive marketing for each property.”
Hattingh said internationally more people were adopting auctions as a competitive and transparent method of selling property. “Auctions offer a quick, clean sale that is open, transparent and conclusive. We get good buyers because we put a lot of effort into marketing and our processes are meticulous and trust worthy.”
Buyers pack out most monthly auctions hosted by In2Assests around the country. They bid on a range of properties including single residential units, entire