Overview

Park Village Auctions was founded in 1983 by Jack Lazarus and sons Roy, Clive and Dean. From inception to date, we stand proudly as an independent auctioneering company which has earned prominence as one of the premier auctioneering firms in South Africa. Our reputation is firmly entrenched in a history of cast-iron integrity in our dealings with clients and stakeholders and our commitment to the auctioneering sector.

Mission Statement

Our operations are driven by a policy of continuous improvement in which we strive to build capacity and expertise to add value to our principals, clients and business associates.

Vision

We retain our leading position in the auctioneering sector by setting benchmark standards in every aspect of the auctioneering process to achieve progress within the industry.

Empowerment

Park Village Auctions has taken a lead in the auctioneering sector with a pioneering BEE deal with a predominantly womens’ empowerment consortium headed up by foremost social development exponent, Nokwazi Ngonyama.

The arrangement sets the scene for a franchising drive by the group in South and sub-Saharan Africa, with particular emphasis on attracting new and particularly black women participants into the auctioneering sector.

The consortium acquired a significant stake in Park Village Auctions, and it plays a direct hands-on role in all our business development as well as in our corporate social responsibility programmes.

Those developments positioned Park Village Auctions as an ‘empowered and engendered’ company in terms of the Department of Trade and Industries (DTI) BEE codes. Thus Park Village Auctions meets the qualifying criteria as a service provider for the auction disposal needs of the Government and the private sector.

The operational capacity, a broad based empowerment equity participation, franchising and social development are highly innovative in its composition, for both the auctioneering industry and the empowerment process in South Africa generally.

Our objectives will be facilitated, in part, by franchising the Park Village Auctions brand, a route for which there is significant potential as a way of ensuring broad based empowerment participation in an industry that has long been side-lined in this respect. Simultaneously a unique mix of sustainable employment opportunities and corporate social responsibility investments will be created.

How We Operate

Auctioneering nowadays requires an integrated blend of business, financial, entrepreneurial and marketing skills.

The diverse experience of Park Village Auctions’ experts provides the company with a broad-based business perspective that enables us to achieve outstanding results for our clients.

We offer a countrywide network which includes franchised offices in Tshwane and branches in the following areas :

* Eastern Cape
* Free State
* Kwa Zulu Natal
* Northern Cape
* Northern Province
* Western Cape
* Botswana
* Lesotho
* Swaziland

Moreover we have established Park Village Africa (Pty) Ltd., as a vehicle to broaden our footprint into Africa. To this day the same ethics and principles that guided the company from the outset continue to be applied but with provision to evaluate and participate in all the changes within the industry.

The company is primarily dedicated to auctioneering and its allied services. We believe this is a significant strength in that our success is fully intertwined with that of our clients’ interests.

Tswhane Office

With the opening of franchised offices in Pretoria in July 1999, Park Village Auctions added to its already extensive and comprehensive services north of the Jukskei River.

The Park Village Auctions Pretoria sphere of influence includes the Pretoria/Centurion area, with special emphasis on The Northern Province, Mpumalanga, North West Province and Free State. The rationale behind the Pretoria office was and remains, to be close to “what is happening� in these areas and in so doing, to achieve rapid and timeous response to clients’ needs.

Park Village Auctions Pretoria offers the full portfolio of expertise with which Park Village built its reputation, notably in terms of movable or immovable assets and in the real estate sector that includes agricultural, commercial, industrial and residential properties.

A particular area of speciality lies in the valuation and auctioneering of both fixed and movable agricultural assets, where expertise has to be of the highest order due to the complexities of numerous segments of the agricultural market section such as arable (cash crops), grazing (livestock), game, forestry, citrus, deciduous fruit, vineyards farming etc.

Ensuring that the office is a market leader in South Africa is a staff of highly qualified specialists headed up by Andre Venter who is backed in turn by a highly experienced administrative team and an integrated computerised marketing, sales and accounting network system. They have the knowledge and experience to ensure delivery of world class services in this highly demanding market sector. In addition the office draws on the experience of agricultural economists, financial, legal and other specialists where appropriate.

Moreover the Pretoria office has full access to logistics, asset recovery and storage facilities for wide variety of asset classes from light movables to heavy capital equipment, trucks and motor vehicles, as well as the business linkages and expertise of the entire Park Village network of branches and associates.

Asset Management & Logistics

Park Village is differentiated in the market place in terms of its asset management capabilities, based on ultra-modern storage facilities in various locations, and the application of state-of-the-art technology. The group has developed unique methods of insuring, storing, securing and controlling assets such as motor vehicles, trucks, capital equipment and small lots such as office contents.

Our world class facilities in this respect include the truck and capital equipment storage centre , extending over some 10 000 square metres at Nasrec, an extensive vehicle storage in Johannesburg for 1000 vehicles, the 6000 square metre salvaged vehicles centre in Prolecon and the 7 000 square metre small lots facility in the Booysens Reserve.

Typically in these facilities there is accurate computer recording of each and every item, the goods are allocated to secured areas of storage under 24 hour surveillance and can only be accessed with client permission under strict supervision. Moreover, from the moment of the initial collection of the goods, they are fully insured against perils such as fire, theft, flood etc. We use highly trained security personnel under our direct control, we apply state-of-the-art technology in managing and controlling the disposal of assets and we provide transport facilities using our own fleet of vehicles for movables where necessary. The result is an unequalled value add for Park Village clients.

Property

Our Property Division specialises in the valuation and disposal of properties including commercial, industrial, residential, agricultural, Sectional Title and shareblock properties as well as residential and industrial townships and deceased, insolvent and sequestrated estates. No staff member is directly or indirectly connected with liquidators, financial institutions or trustees. Moreover our expert team regards each property as a priority project and our services include the arranging of city council enquiries on behalf of the client as well as property deed searches.

Expertise

* Plant and workshop machinery
* Engineering equipment
* Earthmoving equipment
* Farming implements
* Rigging equipment
* Pharmaceutical equipment
* Printing equipment
* Mining equipment
* IT equipment
* Textile equipment
* Woodworking Machinery
* Process Plant Equipment
* Baking and Catering Equipment
* Refrigeration Equipment
* Household effects
* Office Furniture and Equipment
* Antiques/Persian carpets
* Firearms
* Motor Vehicles and Trucks
* Boats
* Aircraft
* Notarial Bonds
* Liquidated and sequestrated estates
* Asset Forfeiture estates

Database

We have a large, updated and categorized SMS Database of regular clientele to whom notifications are sent notifying them of the specific pending auction.

Planning

We implement customised strategies for each disposal, utilising effective marketing and sales methodologies to achieve comprehensive target market exposure. Sales days are well branded and professionally organised and managed to achieve maximum results for our clients.

We are able to provide our clients with accurate, market-related appraisals. Each member of our valuations, appraisals and in-house technical team, has specific areas of expertise and as such, possesses the necessary qualifications and the expertise to provide accurate testimony in defended and undefended matters. Our appraisers are frequently called upon to provide a realistic, market-related assessment of the value of assets, prior to institutional finance being granted

Also, we are closely aligned to the reality of market trends and accordingly, where financial institutions deem it viable to prevent the liquidation of a business, we are able to provide relevant advice in terms of asset stripping, downsizing and restructuring of inventories and other vital issues.

Accreditations

We are members of the Institute of Estate Agents, the Chamber of Commerce and Industry Johannesburg, the National Auctioneers Association and the South African Institute of Auctioneers.
 

 




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