The comprehensive surplus asset management company, EquipNet, Inc. (Canton, MA), has launched a new sales channel, “OWN IT NOW.” The platform currently features hundreds of assets valued at $4 million USD, which will be available through the coming months. Inventory includes a wide range of equipment, such as Lab and Analytical Instrumentation, Processing and Packaging Equipment, MRO and more.
OWN IT NOW is designed to take away the hassle of back and forth negotiations, and allows prospective buyers to purchase items with the simple click of a button. The listings in the channel have starting prices and decreasing time intervals which are tied to price drops. As the clock ticks down, so does the price. With OWN IT NOW, users can buy items at the current price or wait for the amount to drop at the risk of losing the item to a competitor. EquipNet allows users to set proxy amount on all listings so that the system will OWN IT NOW on his or her behalf once the pricing gets down to the given entered proxy amount.