Thread: REA Clock?
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Old 05-04-2008, 08:21 AM
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Default REA Clock?

Posted By: Joann

OK. I get it. Thanks Joe.

So it's not that they didn't have a clock, exactly. Even in the past you couldn't know at the end of which 15 minute increment you would get the Auction Closed message instead of a new 15 minute clock. So that part of it hasn't changed - just the mechanism behind the scenes as to what shuts it off, a no-bid period or Rob determining not to allow minor bids on off items to extend the entire auction endlessly.

That makes more sense - that it's a preference for the other closing method and not necessarily a departure from past practices or lack of an actual clock.

J

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