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Old 04-30-2007, 12:03 PM
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Default Auction closing methods - individual vs. simultaneous lot closing

Posted By: Wesley

I like the REA format. If I am outbid during afterhours, I can turn my attention to another lot in which I have a preliminary bid.

The Mastro 30 minute format makes it hard to go for the backup lots on the last night. By the time you are outbid on the lot your were concentrating on, the other lots may already be closed.

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