With ServicesAuction, consumers place a request on the ServicesAuction.com site. Companies or individuals that provide those services bid against each other to fill the consumers' request.

Currently, most consumers pick up a phone directory, call a company that provides a certain service, such as a plumbing company, and obtain bids. This cumbersome task usually involves calling a number of plumbers in the area, asking for their "Price per Hour," and then writing all the obtained prices down. Then a person has to scan the list, find the Plumber (or Plumbing Company) that charges the lowest price, and then call the Plumber to set an appointment. 

Nowadays, almost everyone can get to a Web site, either by himself or herself or through a friend or family member. This allows consumers to interact with companies in a way that was never before possible. Now, a consumer can place a request for a service, such as a Plumber, and have various Plumbers or Plumbing companies bid for that consumers' request. To place a request, consumers simply go to ServicesAuction.com Web site to fill out a request form, including the maximum price they are willing to pay for a service. The request is then posted for all companies to bid on. The company with the lowest bid, at the end of the auction, is the one that gets to fill the consumers' request. 

"It is a win-win situation. The customer obtains a company's services for the best price with the least amount of hassle, and a service provider (a services oriented company or individual) gets a new customer that they may have never found otherwise," says Neal Verma, founder of ServicesAuction.com. 

Recent Developments 
Since the unofficial launch on Monday, June 7, 1999, ServicesAuction.com has received world wide media attention. This attention has come from such high-powered media personalities as Caspar Weinberger, Chairman of Forbes, who requested that Neal Verma be a guest on his CNBC business show, World Business Review. 

Various companies searching for a synergistic business partner have also approached ServicesAuction.com. One such company is a legal insurance company that is in talks with ServicesAuction.com about positioning their more than 6000 Attorneys as the official "Legal Services," Providers on ServicesAuction.com. A partnership between the two companies would enable consumers to instantly procure numerous bids on requests made in the "Attorneys & Legal Services" section of ServicesAuction.com. 

Based in Houston, Texas, VermaNET LLC, the parent company of ServicesAuction.com is a privately held company that has created the world's first consumer-driven, services only, auction system. With ServicesAuction.com, consumers (Service Requesters) place a request on the ServicesAuction.com web site. Then companies or individuals that provide services (Service Providers) bid against each other to fill the consumers' request. 

There are hundreds of Service Categories to choose from including Architects & designers, Attorneys & legal services, Cleaning services, Computer services, Entertainers, Event planners, Home repair services, Landscaping Services, Locksmiths, Party rentals, Pool Services, and Security services. This patent-pending, true model of consumer-driven, services only, auction site was invented by Neal Verma, the twenty three-year-old founder of ServicesAuction.com and President of VermaNET LLC (www.VermaNET.com). Neal Verma can be reached via email at founder@servicesauction.com. 

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