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Old 04-19-2022, 07:34 AM
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JustinD JustinD is offline
Ju$tin D@v3n.por+
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Join Date: May 2009
Location: Birmingham, Mi
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Quote:
Originally Posted by Hordfest View Post
I don't understand "extended time." Why do they do this? Seems unfair. Shouldn't there be a set start and end time?
I certainly would not call it unfair, just a differing perspective. The set end times of eBay auctions are logically better for buyers as sniping keeps prices from running up. However, if you are a consigner or auction house, extended time does tend to bring in a larger price. You give continued opportunity for underbidders to keep inching the price higher. It's all logical.

I remember the old days of Ebay and traditional auction bidders not understanding the premise of sniping. I would come in at the end and grab it, which then with the open ID's would bring me at least a couple expletive laden private messages from the bidder I sniped per week. It really took a ton of people till the early 00's to figure out how that worked.
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