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Old 04-30-2007, 12:56 PM
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Default Auction closing methods - individual vs. simultaneous lot closing

Posted By: barrysloate

Richard- the point is you have to figure it out. How do you win a lot on ebay when you know there is only a minute to go? You figure it out. The same is true with the catalog auctions.

If you are interested in ten lots you don't wait for the last minute. You decide your maximums and you leave them with enough time to spare. Sure, you are going to lose a few lots you really wanted...but everybody loses a few lots they really wanted. Nobody gets everything. That is already predetermined when the auction begins. So let's cut to the chase and get it over with.

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