Quote:
Originally Posted by Bocabirdman
Using these variables, a fixed bid increment will either cost the consignor money or it will create ill will from a bidder who bids in a moment of weakness. Would it be too much to turn off incremental bidding for the last 60 minutes and go with an "Any Advance?" format? If the Auction House uses the Extended Bidding, then turn it off for that period. Using a "IF >" filter would seem an easy programming adjustment. The auction programs already increase the bid increment at pre-determined values. They surely could have it decrease.  |
If this happened in REA, the auction would never end.
