Posted By:
barrysloateSince I am on the other end of most auctions, selling instead of buying, I prefer leaving all lots open until the end. Because my auctions are small, they generally end before midnight (and that's 9:00 PM on the West Coast).
My fear is having someone who would like to jump back on a lot, but finds himself shut out because it has closed. That would mean I left money on the table.
So since as a seller I like to keep all lots open, it would stand to reason that buyers might prefer the opposite.