REA and other auctions, ridiculous delays

[CMIZ5290]

Originally Posted by MVSNYC

Hi Jeff, dinner soon?

Kevin- it's one night out of the year, and an exciting one at that. i know many people, including myself that stayed up late and bid after hours. it's just part of the gig. i completely trust REA (and would have no problem leaving ceiling bids), but i do it so i can be awake to strategize if i'm outbid on one lot, i can make a game-time decision to move my attention (and funds) to other lots.

Best-
M

Understand, but here's what I dont understand...If you really want to go after a lot, how in the hell do you know when the 15 minutes has expired?? How in the world can you wait for hours? Just doesnt make sense to me. What if by chance the auction ends at 12:00?

[HRBAKER]

Isn't it great when it's absolutely brutal punishment to spend sh*tloads of money!