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Public Auction
2012
#1 Posted : Monday, November 05, 2018 12:18:08 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Ni kubaya. Today there are 7 full pages in the Nation of properties being auctioned and I'm sure they will increase. That's a good indicator of the level of stress in society. Sad

BBI will solve it
:)
wukan
#2 Posted : Monday, November 05, 2018 1:09:34 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,589
Ni kuzuri. This is the best time to buy prime properties at a discount. Buy and hold it for a decade and sell it at market value. Your retirement is sorted.
kayhara
#3 Posted : Monday, November 05, 2018 1:24:53 PM
Rank: Veteran


Joined: 5/5/2011
Posts: 1,059
GoK and counties are not paying, corruption has become expensive for small fish, you need money to steal money, results is money flow issues add to this the no savings culture in Kenya and auctions will increase.
To Each His Own
newfarer
#4 Posted : Monday, November 05, 2018 1:46:44 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
2012 wrote:
Ni kubaya. Today there are 7 full pages in the Nation of properties being auctioned and I'm sure they will increase. That's a good indicator of the level of stress in society. Sad

add the increasing number of murders and suicides. stress ni mob sana
punda amecheka
Fullykenyan
#5 Posted : Monday, November 05, 2018 2:34:34 PM
Rank: Member


Joined: 7/27/2014
Posts: 560
Location: Eastlando
Anybody here with an experiece of buying auctioned property
freiks
#6 Posted : Monday, November 05, 2018 3:27:28 PM
Rank: Veteran


Joined: 6/8/2010
Posts: 1,729
Incidentally auctions are not yielding results. Look at those pages and go back to previous dialies you will realize its re-advertisemnt. Hakuna wanunuzi
Life is an endless adventure
whiteowl
#7 Posted : Monday, November 05, 2018 4:11:48 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
freiks wrote:
Incidentally auctions are not yielding results. Look at those pages and go back to previous dialies you will realize its re-advertisemnt. Hakuna wanunuzi


Same with cars, they keep advertising and no one is buying.
2012
#8 Posted : Monday, November 05, 2018 4:36:27 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
kayhara wrote:
GoK and counties are not paying, corruption has become expensive for small fish, you need money to steal money, results is money flow issues add to this the no savings culture in Kenya and auctions will increase.


Chinese effect is being felt. You give China projects, they bring in their own materials and labour and yet we expect money to flow. At least a quarter or a third of the money from an awarded project should be spent within.

BBI will solve it
:)
Angelica _ann
#9 Posted : Monday, November 05, 2018 10:17:48 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
whiteowl wrote:
freiks wrote:
Incidentally auctions are not yielding results. Look at those pages and go back to previous dialies you will realize its re-advertisemnt. Hakuna wanunuzi


Same with cars, they keep advertising and no one is buying.


Cars I normally hear the auctioneers organise the good one & only crappy or expensive ones are auctioned. How true is this?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
whiteowl
#10 Posted : Monday, November 05, 2018 11:11:28 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Angelica _ann wrote:
whiteowl wrote:
freiks wrote:
Incidentally auctions are not yielding results. Look at those pages and go back to previous dialies you will realize its re-advertisemnt. Hakuna wanunuzi


Same with cars, they keep advertising and no one is buying.


Cars I normally here the auctioneers organise the good one & only crappy or expensive once are auctioned. How true is this?


I dont know about the private sector but in govt parastatal auctions I have seen guys buy cars for as low as 30K.
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