Does the REA auction pick up towards the end?

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#14

04-19-2022, 06:49 AM

Aquarian Sports Cards Aquarian Sports Cards is offline

Scott Russell

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Join Date: Jun 2016

Location: Pennsylvania

Posts: 6,455

Quote:

Originally Posted by Hordfest

I don't understand "extended time." Why do they do this? Seems unfair. Shouldn't there be a set start and end time?

What's unfair? Everyone has the same opportunity to bid. A set ending is actually more unfair, a guy who's a better sniper has a better chance of winning. The real reason though is an auction isn't supposed to end until the bidding is over. Extended bidding is the best way to reproduce a live auction in an online format. Could you imagine going to a live auction where the auctioneer announces "Bidding is open on lot 32 for 60 seconds. GO" and whoever yells a number closest to the end of the 60 seconds wins???!!!

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Last edited by Aquarian Sports Cards; 04-19-2022 at 06:50 AM.

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