1. DoveBid, Equipnet, eBay all take a consumer-centric approach by just providing basic information and a countdown timer. Very few companies can purchase anything in that type of system. Our customers are not individuals but organizations that have more complex requirements, i.e. approval chains, inspections, contract negotiations, etc.
2. Auctions work well for sellers who have many items for sale and a limited time-frame, typically facility closures. The vast majority of idle equipment does not fall into that category.