When do bids start flying in at the REA auction?

[Zone91]

Are the last few days the worst or the last few hours or minutes? Just curious!! Thanks in advance!!

Post # 11

[ullmandds]

you can expect to see movement in many lots the last few days leading up to the end as people get initial bids in(if they haven't already done so) so they can participate in extended bidding.

some lots will shock you in the difference in price from 3 pm sat to sunday morning. extended bidding is where the action is in many cases!

[cyseymour]

Just be careful because not all lots attract bids on the final day... some just sit there. On the two cards I won, for the first card I placed the winning bid two days before the auction closed... the second card, I was the only bidder in extended bidding. So don't expect that just because you place a bid before extended bidding, that you will be outbid.

[sycks22]

It'd be fun to see how long the actual auction would go if Rob didn't end it until any bids went for the 15 or 30 min rule. It might end in late July. It's amazing how many '06's in PSA 8's there are.

[Jewish-collector]

When you put your bid in, just add an extra zero before the decimal point to be sure you win the particular lot. (ie if you were going to bid $3000 for a particular lot, make it $30,000 just to be sure you win it)

[Zone91]

How do you know if someone outbid you after 4h00pm when the auction closes are you notified by e-mail so you are able to add another bid or do you only find out once all bids are closed later that evening...then it is to late after that you end up losing the lot?

Post # 13