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Galetti Appoints High-Profile Joint MD’s To Head Up its Auction Division

7th November 2022

     

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Galetti Corporate Real Estate is proud to welcome Guy Dowding and Ricardo Da Silva to the helm of our fast-growing Auction division. They are taking up the reins as the joint Manging Directors of the Auction division, and have big plans for what’s to come.

With over a decade of experience in the management of several high-profile auctioneering companies, Guy brings a wealth of expertise to his new role at Galetti. A masterful negotiator with a keen understanding of the real estate auction business, Guy looks forward to Galetti’s inaugural live auction event, which will bring 37-plus properties valued in excess of R650 million to the market. "Nothing beats the energy and excitement of an in-person auction environment which often results in the optimal outcome for both the buyer and seller,” he says. 

A background in advertising and communications, coupled with years of experience in real estate auction sales and management, make Ricardo an asset to our dynamic team. Noting that “an auction is the only way for a property to see its true value, potentially selling for 10-20% more than what the traditional market would pay,”, Ricardo believes our upcoming live auction event will demonstrate the power of the auction model. 

Always leading the way, Galetti has eased the barriers to entry that prevent many would-be auction bidders from participating in the auction process. As Ricardo and Guy explain: “We are simplifying our registration process and extending timeframes for buyers and sellers alike. Outdated requirements to participate in an auction exclude a lot of the market. We’re hoping to disrupt this and make auctions more accessible and easier to participate in”.  

Guy and Ricardo will be present at the first live Galetti Auction on 30 November, at 12PM at the iconic Summerplace in Johannesburg. 

 

Edited by Creamer Media Reporter

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