Thread: REA Clock?
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Old 05-04-2008, 11:05 AM
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Default REA Clock?

Posted By: Joann

Know what? I've never emailed an auction with a general question before, but I might this time.

I think it would be really interesting to see some kind of time-based information of when money came in. Not lot by lot, but for the whole auction. You'd have the big bump in the first few days, followed by a dramatic taper off until extended time, then a bump at extension with another taper.

Most interesting would be the hour by hour view of the increase in total auction value starting at 4:00 yesterday. Or better yet, look at it in 15 minute increments. I bet that it would show that Rob probably picked a very good time to end - when people had had every opportunity to go strong for what they wanted, but when the incoming bids had trickled to a value that was too low to justify keeping the entire auction open and needlessly frustrating bidders.

I just might email and ask that question.

J

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