View Single Post
  #17  
Old 04-30-2007, 12:21 PM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default Auction closing methods - individual vs. simultaneous lot closing

Posted By: Jeff Lichtman

"Having the clock re-set each time a bid is placed helps mitigate that problem, because it always gives the underbidder time to react."

--But we never got to see the clock reset on REA.....


Reply With Quote