Problem with REA

[hcv123]

I was bidding on a bunch of lots, but 1 I had zeroed in on 1 in particular. I had a window open with the clock counting down from about 14 minutes. I went to place a bid when there was still ~2:30 left on the clock and received a message that the lot was closed!!??

[NiceDocter]

If you change screens the clock doesnt reflect the accurate time left on each lot.... you have to refresh the screen each time you change items or what happened to you is the result. It happened to me before but Ive figured it out now.... it can be the same thing on eBay as well. Overall Ive had almost no issues with REA over decades of bidding and consignments and consider them to be at the top of the auction sites.

[hcv123]

I have bid with numerous houses over many years - don't ever recall this happening. I opened the tab with the item just after I was outbid with 14 or so minutes counting down. In that tab, I never navigated away from it. I did open and navigate on other tabs - which apparently has the same effect that you describe. I would think that either the platform or house would put in big bold letters a reminder to refresh if you navigate away from the tab/page.
Cost me an item I wanted and the consignor of the same $1k+. Didn't help matters that the 1 consignment I had in the auction sold WAY below what I was expecting.

[raulus]

Sorry to hear about those issues, Howard.

I was going to add a snarky note that I hoped you were bidding on the same stuff that I was bidding on, so that I could get it for a better price.

But I suspect in this auction we were probably in on different stuff. If for no reason other than the bid increments on the stuff I was bidding on were still in the $25 or $50 range.

[sbfinley]

Originally Posted by raulus

But I suspect in this auction we were probably in on different stuff. If for no reason other than the bid increments on the stuff I was bidding on were still in the $25 or $50 range.

Went 1-12 last night. But happy with what I got. This is usually how I feel the morning after:

[samosa4u]

I've had this happen to me maybe once or twice - it sucks. Last night I had no issues though. I bid with like 3 seconds remaining on one item - I couldn't make up my mind - and it went through just fine.

I wouldn't stress over it. Whatever you wanted will likely show up in their next auction (and the auction after that ...) People are dumping like crazy.

[hcv123]

Originally Posted by raulus

Sorry to hear about those issues, Howard.

I was going to add a snarky note that I hoped you were bidding on the same stuff that I was bidding on, so that I could get it for a better price.

But I suspect in this auction we were probably in on different stuff. If for no reason other than the bid increments on the stuff I was bidding on were still in the $25 or $50 range.

Thanks Nicolo. Appreciate the refrain from snarky note as I'm quite bothered about what happened. Definitely sounds like in on different stuff! Hope you got some of what you were after.

Originally Posted by samosa4u

I've had this happen to me maybe once or twice - it sucks. Last night I had no issues though. I bid with like 3 seconds remaining on one item - I couldn't make up my mind - and it went through just fine.

I wouldn't stress over it. Whatever you wanted will likely show up in their next auction (and the auction after that ...) People are dumping like crazy.

Thank you for the encouragement. Sadly what I was bidding on will almost assuredly not only not show up in their next auction, but perhaps not show up again in my lifetime. That said, I expect within a day or so I will no longer be stressing about it. Things not working the way they are "supposed to" are a pet peeve. Wouldn't bother me 1 bit if I had simply been outbid and unwilling to bid higher.

Originally Posted by parkplace33

Howard, sorry to hear this. Your note about your consignment is the third such statement I have seen about this REA auction (other two were on other social media sites). Maybe the larger lots got all the attention?

I have commented numerous times how I am amazed at how many romanticize auctions and consigning to them. For every lot that achieves a record price, I suspect there are 50-100+ that sell at or below "market". How a company positions and describes the lot is such a critical part of the process. I have consigned items probably about 2 dozen times to different houses - the only times I have been impressed with the results were when the items were positioned and described well. The big houses today imo are like the equivalent of baseball card puppy mills - just pushing as much product through as possible with little regard for all but the "Morehouse Ruth's", Wagners, Planks, etc.
Part of the market softness in the places where it is soft is due in part to the fact that during Covid all the larger auction houses (and many of the smaller ones) increased dramatically the number of auctions they were running.

[Rhotchkiss]

Howard, what was it? The Mantle Jello box?

[parkplace33]

Originally Posted by hcv123

I have bid with numerous houses over many years - don't ever recall this happening. I opened the tab with the item just after I was outbid with 14 or so minutes counting down. In that tab, I never navigated away from it. I did open and navigate on other tabs - which apparently has the same effect that you describe. I would think that either the platform or house would put in big bold letters a reminder to refresh if you navigate away from the tab/page.
Cost me an item I wanted and the consignor of the same $1k+. Didn't help matters that the 1 consignment I had in the auction sold WAY below what I was expecting.

Howard, sorry to hear this. Your note about your consignment is the third such statement I have seen about this REA auction (other two were on other social media sites). Maybe the larger lots got all the attention?