FRANKLIN, TN - ServNet auction owners and members of ServNet's executive team return to Dallas in April for the group's annual visit with national remarketers, holding its next Meet the Owners event on April 4 at the Four Seasons Hotel - Las Colinas in Dallas.
The Dallas trip is a part of a series of events planned throughout the year to strengthen relationships between ServNet auctions and remarketers around the country. The luncheon will be held in conjunction with ServNet's Spring Owners' Meeting in Dallas on April 3-4.
"Our Meet the Owners events have set an important precedent in our industry," says ServNet's President R. Charles Nichols. "Building and nourishing relationships is essential, and our Meet the Owners events provide a prime opportunity for executives from the country's leading remarketing companies to meet directly with the owners of ServNet's 30 member auctions. Not only are we able to discuss the challenges of the market, but we can identify opportunities for growth and explore new methods. It is a tremendous opportunity for discussion with auction owners who have decades of experience and a personal investment in the auction industry."
Technology will to be a major focus of discussion at the Meet the Owners Event, as the group continues to add new tools to its arsenal of online buying and selling options, and provides market analytics with access to nationwide data from AuctionPipeline.
"Because of its relationship with AuctionPipeline, ServNet auctions are able to offer cutting-edge technology and multiple auction tools that are as effective as anything available in country," says Jeff Brasher, ServNet's Chairman of the Board. "Coupling its selling channels with analysis and reporting capabilities, AuctionPipeline and ServNet auctions can provide remarketers with market data for all regions, coast to coast. The analytics supplied by AuctionPipeline rival the data compiled by the quantitative analysis departments of the chain auctions, and is an invaluable tool for our customers."
AuctionPipeline gathers market data from 113 independent auctions around the country, including ServNet auctions. Currently, AuctionPipeline encompasses 85,000 searchable vehicles, holds 223 Simulcast sales a week, and is used by 24,000 active dealers nationwide.
"Days to sell and retentions are top priority for our consignors," says Nichols. "With ServNet's Internet tools, we are able to sell vehicles 24/7 to a market that extends far beyond a traditional auction arena. Analytics prove that ServNet auctions bring the strongest possible buying power to the auction lane, in all areas of the country."