Lelands Auction Going Strong Still Lots of Room

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#12

12-22-2012, 04:23 PM

barrysloate barrysloate is offline

Barry Sloate

Member

Join Date: Apr 2009

Location: Brooklyn, NY

Posts: 8,297

The problem is nothing compels a bidder to get his bids in early. REA closes at 4:00 PM and there are tons of bidders who wait eight or ten hours before they first sit down to bid. I always believed the system was flawed but no auction house seems to care. They like it just the way it is.

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