[Archive]

Posted By: Jeff S

While I was limited to spectator-ship, this was sure a fun auction to watch. One thing that was a little weird though is the way they integrate the eBay bidding. It says in the terms and conditions something to the effect that if an eBay bidder bids the same amt as an REA bidder, it's up to REA to decide who gets it. So, because I was dumb enough to submit my bid on eBay, I "lost" a lot on which I bid the same amount as the high bidder.

This also seems less than optimal for REA, because it's at least possible that either I or the high bidder would've gone one increment higher.

Needless to say, this is an easy enough problem for any bidder to solve (don't submit bids on eBay) ... but it's a bit odd nonetheless.