Quote:
Originally Posted by Peter_Spaeth
I wonder why the major auction houses, multimillion dollar businesses who succeed by doing well for their consignors, never thought of this before?   |
I was just thinking about this the other day! In live auctions, the auctioneer often goes up by increments but if no one bids at an increment, he backs it down until someone gets the bidding going again. Often times the final bid is higher than the increment that was originally not accepted.
It would be easy to do this in software ... I wonder why no one does it?
jeff