Unlocking value with GHAOM

At GOLDEN HAMMER AUCTIONS ORGANIZING & MANAGING (GHAOM), we've redefined asset disposition in UAE. Our journey began with a clear mission: to eliminate the common hurdles of high fees and time costs faced by traders, companies, and individuals selling their valuable assets. Discover how we bring transparency, efficiency, and maximum recovery to every transaction.

The spark behind GHAOM

The idea for establishing GOLDEN HAMMER AUCTIONS ORGANIZING & MANAGING began after an in-depth study of the problems faced by traders, companies, and individuals who wish to sell their various assets. We identified significant challenges, including the pervasive issue of high fees and the considerable time costs encountered by both the seller and the buyer. This insight fueled our commitment to creating a more efficient, fair, and transparent auction process.

Our commitment to transparency: the 'Classic trust' approach

Ensuring our clients always feel they’re getting a fair, clear, and trustworthy service is at the core of GHAOM. Our "Classic Trust" approach guarantees transparency in every step:

  • Standardized rules: We start every session by clearly announcing the "Rules of the Room." Everyone hears the same terms regarding increments, buyer’s premiums, and "as-is" conditions simultaneously, eliminating ambiguity.
  • Physical inspection: We host "View Days" prior to the auction. This allows clients to touch, inspect, and verify the assets personally, ensuring they buy with confidence rather than doubt.
  • The "Open cry" method: Our bidding process is 100% public. Every bid is acknowledged out loud and pointed out by the auctioneer, ensuring there are no "hidden" bids or confusion in the room.
  • Immediate documentation: As soon as the hammer falls, a "Clerk’s Ticket" is generated on the spot. This creates an immediate, physical record of the sale price and the buyer’s identity to prevent any post-auction disputes.

Why corporate clients choose GHAOM

Insurance and corporate clients specifically choose GHAOM because we transform 'depreciating assets' into 'immediate liquidity' through a process built on three core values:

  • Maximum asset recovery: Our specialized marketing reaches a wider, vetted buyer pool, ensuring your assets (salvage, fleet, or equipment) fetch the highest possible market price compared to traditional private sales.
  • Risk mitigation & compliance: We handle the entire legal and logistical burden. From secure storage to title transfers and transparent documentation, we shield our corporate partners from the liability and headaches of asset disposal.
  • Data-driven reporting: We provide comprehensive audit trails and post-sale analytics. For an insurance company, this means clear, defensible data for your financial records and stakeholders.
  • Operational speed: We understand that 'time is money.' Our classic auction model is optimized for fast turnover, clearing your inventory and generating cash flow significantly faster than conventional methods.

"GHAOM provided an exceptionally transparent and efficient service for our asset recovery. Their 'Classic trust' approach delivered exactly what they promised, turning complex logistics into a seamless process. We achieved maximum recovery with complete peace of mind."

Ali al-Mansoori, Head of Asset Management, Leading Insurance Group