In a mid-year assessment of market conditions, ServNet's President, Eric Aurenrieth, observes a continued healthy market and a sales environment that continues to thrive thanks to the active involvement of ServNet's auction owners in their own businesses and the industry at large.

Reports Autenrieth: "The economy is performing well, and we are seeing higher conversion percentages across the board. In addition, volumes are stable: while dealer inventory is a bit light, we're making up for that in institutional business which is keeping the lanes full of vehicles. Dealers who report that they're short on supply are looking for cars on all platforms, which has resulted in strong pricing and strong conversions."

As leaders of some of the best independent auto auctions in the country, ServNet's auction owners play vital roles in the daily operations and ongoing success of their businesses. With feet on the ground, in the lanes and on the block, they manage operations, set the bar for customer service, and produce results for buyers and sellers across the country. But for many of these owners, their work in the business of vehicle remarketing extends far beyond their own auction arenas. Many give their time and attention to their communities and the industry beyond.

Leading the charge is Chad Bailey, president and third-generation owner of Akron Auto Auction, who is currently President-elect of the National Auto Auction Association. When he takes on the post of NAAA President in the Fall, he joins a distinguished group of industry leaders who have directed the activities of the NAAA.

Summer is in full swing at ServNet auctions across the country, where the industry's most notable mega-sales set the bar for innovation and impact on the market, says ServNet's President Eric Autenrieth. Bringing customers together for everything from anniversary sales and rock concerts to summer barbecues and celebrations of the red-white-and-blue, ServNet auctions are building consignments from dealers and national remarketers, positioning their inventory to take advantage of the biggest auction events in the country.

"Summer promotions at ServNet auctions have for years defined the season," says Autenrieth. "The variety, quality and creativity of these events are remarkable, and they have a tremendous impact on the marketplace. They bring customers together from all parts of the country for good times and prime opportunities for buying and selling in the auction lanes."