Thread: REA is open
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  #118  
Old 08-19-2019, 03:54 PM
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Jeff 'Prize-ner'
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Join Date: Apr 2009
Location: Seattle
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I think Heritage's lot by lot works well for the higher end stuff (to get max value) but it's not great for the lower tier items.

Real example from yesterday... I was bidding on 5 photos and had them ranked in terms of desirability. My top one the early bidding was pretty strong so I decided to focus my entire budget to winning it and let the other ones close. By the time I realized I was clearly bidding against someone who seemed like they were going to win it at any price and my total budget had been surpassed, the other 4 photo lots were of course closed. I 100% would have bid on them if I knew I wasn't going to get my #1.

So again, great for the best items, not great for the secondary stuff.

I'm in the camp that there's no true best way and will adapt to each auction, with the exception of the 4am... 5am... 6am closes that are ridiculous.
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