Kudos to REA for being receptive to its customers concerns and tweaking the closing method to try to arrive at the best of imperfect options. I have never liked the hard close, nor the lot by lot close. But I also did not like having to stay up to dawn to know I won an item.
Going forward I think starting the lot by lot closing a bit earlier -- say 11 PM eastern time -- and lengthening the closing time per lot to 10 minutes might address some of the expressed concerns. And, after seeing how that works, there is the additional option to further reduce after a certain point -- say midnight -- the individual lot closing time to 5 minutes.
Last edited by benjulmag; 04-21-2020 at 05:36 AM.
|