[irv]

Originally Posted by Snapolit1

If anyone places a bid on any one of the thousands of lots in their auction the 15 minutes clock for the entire auction is reset. They are still getting 8-10 bids on various items every minutes. So the 15 minute thing will just be rest and reset until (a) no one bids on any lot for 15 minutes or (b) they just called a code on the auction and shut it down, which most auction houses do after a FINAL WARNING email of some kind.

Originally Posted by swarmee

They will likely go until the 12am ET time and then call it. Bidding is still feverish.
Other auctionhouses either reset the countdown timer after every bid, or they close certain lots individually unless people keep bidding on those specific lots. REA uses "any bid on any lot extends the whole auction 15 minutes". Except they actually extend the 9:15 pm end time to 9:30.

Ok, now I get it.

Thanks guys.