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Old 10-19-2007, 07:00 AM
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Default Better Bidding Practice on Huggins & Scott Auction

Posted By: Matt

Jeff - perhaps now is the time to debate the 30 minute rule as well. It was never clear to me why, in a bidding war, you needed 30 minutes to make up your mind whether to bid or not. Even with 10% increments these auction end so late. I would think 10 minutes would be more then enough to go to the restroom, eat some food and place your next bid, and the auctions would end so much sooner. Maybe even 5 minutes...

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