humraz auctions are designed
to sell high-worth lots at the lowest possible price while achieving market
value for the seller.
We were the first company to apply lowest unique
bid auctions to property and, at the time, we gave more information about
the status of each bid than any competitor. This ensured humraz
auctions were about strategy and skill, not luck.
humraz
was originally conceived as an innovative way to help people buy property
and the concept has since been extended to other valuable assets.
In developing our new auctions we have kept the
fundamental premise of selling to the lowest unique bidder and have designed
an auction model that is radical and innovative
in terms of concept and technology.
We believe that in humraz
we have levelled the playing-field for bidders. Success no longer depends
on how deep your pockets are but instead on how you place your bids. Bidders
are able to view the exact direction of bidding from the bids they have already
placed; the information is updated as it is happening, so each subsequent
bid can be strategically positioned.
With no precedent and no rivals humraz
auctions are unique in every sense of the word.
We strive to continuously learn and develop
our business and welcome any feedback
that you feel will help us.