Cape Talk - Headline: Auctioneers Under Scrutiny for Late Payments - 20 May 2026 @ 14:54:35 - Strauss and Co (STT_v3)
CapeTalkBroadcastRadio AVE: R18848 Reach: 1000002026-05-20 14:54:35 iScore: 4.25Summary: A discussion highlights auctioneers` obligations regarding trust accounts and timely payments to sellers. Listeners share experiences of delayed payments, with some waiting over a year and others losing items. One positive experience with Strauss and Co. is noted, emphasizing the importance of prompt settlements. Wendy Knowler advises listeners to push back against payment delays and reminds them that money should be in a trust account and available timeously. Entities: Primedia Plus Dot Com, S A Institute of auctioneers, Nicos, Self Duncan auctioneers, Stephan Vaults, Lawrence Friedman, Karin, Alpha Duncan, Nitesh, Constantia, Jozi, Stefan vaults, Strauss and co, Wendy Knowler, Mr Schutte Insert_or_Interview: True Sentiment: neutral Categories: Consumer Rights, Business, Legal Confidence: 90%