04-25-2022, 04:59 PM
|
 |
Ke.n Su.lik
|
|
Join Date: Apr 2011
Posts: 2,256
|
|
Quote:
Originally Posted by Mark17
I am not saying the entire "situation" is an advantage to the AH. What I am saying is, to use your numbers:
1. Server crashed. Accident that is a bummer for everyone.
2. Auction SHOULD resume the next evening from the point where it crashed, in other words, as lots are going into individual 10 minute rule.
3. REA instead opens up the auction all day today and puts that estimated $62,500 in their pocket, and lots of smiles on the faces of their consigners.
So, in your scenario, my issue is with that marginal $62.5k garnered by adding another day to the auction needlessly.
To be clear, I honestly believe REA would've rather had the servers stay up and things work as expected. But when they didn't, there was no valid excuse to pad the bidding time by an extra day.
|
Is it safe to assume you haven't put any bids in today, nor will you?
|
Similar Threads
Threaded Mode