Quote:
Originally Posted by perezfan
Yes.... it sucks. Prospective bidders already had a full hour (instead of the normal 10 minutes) to bid on items with no activity. Now they'll get an additional 24 hours.
REA has records of when each bid was placed. Tomorrow they should close off all the lots that received no activity in overtime, and only extend the lots that showed activity during the extended bidding.
I doubt this will happen, but it's absolutely the right thing to do.
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Anything else would be really wrong!
They are saying the auction is extended till 9PM tommorow. Does that mean new bidders can come in on lots they weren't bidding on?? That shouldn't be allowed either. Auction should be "paused" till 9 PM tomorrow and then opened with the 10 minute rule in play.