Quote:
Originally Posted by Aquarian Sports Cards
There really isn't any. That's the one part that confused me. Why bother calling anything extended bidding until you get to the 5 minute close deadline. All you're doing is shutting people out earlier. Not sure what the upside of that is.
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I do not understand what the purpose of the extended bidding period is either. I kind of like the way that Heritage does it. No extended bidding. The auction just goes straight into the 30 minute rule for each individual lot. I do not see why REA does not go straight to the 5 minute rule.