– ServNet Auctions plans to retain Power Information Network, a division of J.D. Power and Associates, to provide a quarterly report that will compare the average price performance results of its independent member auctions to the average performance of their respective region.
Warren Byrd, ServNet chief operating officer, said the decision to retain J.D. Power and Associates was driven by the desire of remarketers to get unbiased, reliable information to aid in making remarketing decisions.
The first set of quarterly reports will be available to ServNet in November 2006. More information on ServNet Auctions can be found at ServNetAuctions.com or AuctionPipeline.com.