Lelands Auction Going Strong Still Lots of Room

[wonkaticket]

Originally Posted by Runscott

Not sleeping is what big auctions are all about

Scott I agree once/twice a year no big deal, but there are dozens upon dozens of auctions these days. Sooner or later seems you would want to offer your customers a better solution than having to crawl out of bed like a fireman on call at 3:45am.

I really feel these guys leave more money on the table with this system than if they had a more firm timeline of ending. I know I would spend more with auction houses if I knew they had a more firm shut down time or knew I wouldn’t be up past a reasonable point.

Cheers,

John

[Runscott]

Originally Posted by wonkaticket

Scott I agree once/twice a year no big deal, but there are dozens upon dozens of auctions these days. Sooner or later seems you would want to offer your customers a better solution than having to crawl out of bed like a fireman on call at 3:45am.

I really feel these guys leave more money on the table with this system than if they had a more firm timeline of ending. I know I would spend more with auction houses if I knew they had a more firm shut down time or knew I wouldn’t be up past a reasonable point.

Cheers,

John

John, I basically agree with you - I was just trying to be positive , especially after the negative Lelands comments Saco posted.

I think the 20 or 30 minute 'per lot' method is the only realistic way to go. Last night I was only interested in one lot, and no one bid on it after 7:00pm, so I knew very early that I had won. But if I had been going after multiple high-$ lots, and only had a fixed amount I could spend, the 10-minute rule would have made it impossible . I would have had to assume that I would win everything I was bidding on, which would have meant I couldn't bid on anything.