Poll: Auction House Closing Method

[guy3050]

B For me

[Leon]

I don't think there can be a perfect ending because everyone has different ideas and agendas. I know that I generally fall asleep after about 1am and I don't put max bids in....so, I lose out a lot nowadays.
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[BillyCoxDodgers3B]

This will never fly, but I'd like all auction items to have a cold end at the same time: 10:00 p.m. EST or earlier. I already know what I'm willing to spend, so I place my max bids before that time so I can get on with more important things like sleeping. Not interested in spending more than my max bid or staying up until past 2:00 a.m. to do so. Ridiculous.

Also, these auction houses should know their audience. Most of their big money customers are not 20-something night owls.

[Zach Wheat]

Prefer B.

[Aquarian Sports Cards]

Originally Posted by BillyCoxDodgers3B

This will never fly, but I'd like all auction items to have a cold end at the same time: 10:00 p.m. EST or earlier. I already know what I'm willing to spend, so I place my max bids before that time so I can get on with more important things like sleeping. Not interested in spending more than my max bid or staying up until past 2:00 a.m. to do so. Ridiculous.

Also, these auction houses should know their audience. Most of their big money customers are not 20-something night owls.

The whole idea of extended bidding is to mimic a "real" auction. At a live auction I have never said "Hey guys I'm taking bids for 30 more seconds and wherever the bidding is at that time the lot is sold." Frankly Ebay style that allows sniping isn't a "real" auction to me.

[mordecaibrown1]

My Vote is C. Don't really care for the up till 4:am stuff

[Bicem]

Seems the voting is pretty overwhelming.

I personally prefer lot by lot, 15 or 30 mins. But all methods have pros and cons. I absolutely hate it in 30 min lot by lot auctions when a bidder keeps waiting to the very last second to bid and extend the time with the hopes of drawing it out so other bidders hopefully fall asleep. I go much more aggressive in bidding when people do this.

[BobbyStrawberry]

Originally Posted by Aquarian Sports Cards

The whole idea of extended bidding is to mimic a "real" auction. At a live auction I have never said "Hey guys I'm taking bids for 30 more seconds and wherever the bidding is at that time the lot is sold." Frankly Ebay style that allows sniping isn't a "real" auction to me.

If the idea is to mimic a "real" auction, why not have the extended bidding periods be something like 30 seconds, or a minute or two? 15 minutes has always seemed excessively long to me.

[Aquarian Sports Cards]

Originally Posted by BobbyStrawberry

If the idea is to mimic a "real" auction, why not have the extended bidding periods be something like 30 seconds, or a minute or two? 15 minutes has always seemed excessively long to me.

Because that's not nearly enough time for people tracking multiple items.

Some smaller online auctions literally run the online auction like a live auction. Running each lot individually in order. Sometimes after having general bidding first. Problem is for a large auction it could take days to close that way.

[BobbyStrawberry]

Originally Posted by Aquarian Sports Cards

Because that's not nearly enough time for people tracking multiple items.

Some smaller online auctions literally run the online auction like a live auction. Running each lot individually in order. Sometimes after having general bidding first. Problem is for a large auction it could take days to close that way.

Wouldn't something like 3-5 minutes still be more than adequate then? Even if you're tracking many items, it doesn't take more than a few seconds to click refresh and bid for each one...