[Archive]

Posted By: barrysloate

Paul- the fact that REA is only one night a year doesn't change the fact that the final bidding session lasts too long. The last phase begins at 4:00 in the afternoon and ends about twelve hours later. I am willing to bet that some bidders wait nine hours or more after 4:00 to even sit down and start bidding. Why not find a way to improve on this? It's just a matter of a little fine tuning. In every other respect it's always a great auction.