Quote:
Originally Posted by BobbyStrawberry
What's BS about it IMO is that the extension time is so long. Imagine in a live, in-person auction:
"$1500 going once, going twice..."
"$1,600."
Then everyone sits there for 30 minutes until it's "going once, going twice" again.
Lol
|
Obviously, that doesn't happen in a live auction because there's just one lot at a time being bid on. In an online auction where there are sometimes several thousand lots all with bidding available, someone may be trying to monitor 50-100 lots (or more) that they're interested in so some amount of time is needed to make that possible. 30 minutes may seem too long, but it all depends on how many lots someone is interested in.