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.