Auctoin House Question

[Rich Klein]

This is a general question and not geared at anyone in particular

I was chatting with a friend of mine on Saturday who is getting active in many auctions and he was commenting how hard it was to figure out the best way to bid in specific auctions.

Some houses will close out a lot at the "closing time" if there is only one bid while others will open up every lot during extended bidding even if there has been only one bid during normal hours.

Now, as a customer do you prefer winning if your bid is the only one or moving money around if you get outbid during that extended period. There is also the scenarios as well such as the only people who can bid on a lot in extended time are the ones who bid on that lot during regular time.

I don't know how to make a poll but I think this makes for an interesting conversation

Rich