CERTIFICATIONS, ACCREDITATIONS, APPROVALS, AGENCIES & PARTNERSHIPS

We are licensed by the Auctioneers Licensing Board (copy enclosed) and are members of the National Association of Kenya Auctioneers (N.A.K.A), we are E.T.R certified, K.R.A tax compliant, N.S.S.F plus N.H.I.F contributors (see enclosed copies).

COUNTRYWIDE SERVICES

We hold a valid class ‘B’ license (certified copy available at your request) which enables us to operate throughout the country as we have been doing and are willing and able to continue doing so.

REPORTING

Mr. J. M. Gikonyo (the auctioneer) is available any time of the day through the office lines and personal mobile phone and will be more than willing to handle any queries by the bank/client.

(a) CAPABILITY STATEMENT

We have recently managed to sell a couple of properties at valuation price despite the harsh economic climate. Such properties had failed to get buyers in the hands of other auctioneers and the instructing clients had more or less given up on them. Amongst the reasons we can attribute to our success include our aggressive style of marketing which include distribution of thousands of handbills and posters by pasting on walls, trees, notice boards plus distribution to motorist’s and potential buyers and also through our website www.garam.co.ke

EXPERIENCE

For the last Twenty two (22) years we have been instructed by various financial institutions to realize a total of 4,630 (Four thousand, one hundred seventy two) different securities comprising agricultural, residential and commercial properties. In the year 2015 alone we raised a total of Kshs: 560million (five hundred and sixty million) through realization of charged securities, (details can be availed on request), on behalf of our clients. We have in addition carried out distress for rent on thousands of tenants and executed hundreds of warrants of attachment. We have also disposed of used motor vehicles and furniture plus scrap by public auction on behalf of Parastatals, the government and huge corporate entities. Our success rate has been very impressive and this can be confirmed by contacting any of the quoted clients/referees.

DATABASE

For the last 22 years in which we have been actively involved in auctioneering we have always opened a register for every auction sale that we have held comprising the names of bidders, their telephone contacts, email & postal addresses. The net result is that to date we have compiled an awesome database of hundreds of prospective purchasers which database we always log into as and when an auction sale arises. This database is categorized into three (3) sections i.e immovable property, motor vehicles and furniture/scrap.