REA fun!

perezfan · #1 10-29-2018, 01:04 PM

In looking at REA's "Recent Bids" link this morning, I'm shocked at all the bids that were entered during the final 1 1/2 hours. I was completely locked out during that entire period, and ultimately gave up.

So did the internet work for some, but not others? Or were all of those bids during the last hour entered by phone? Very frustrating, but I realize there was no clear-cut "best solution" for REA. I was just surprised it ended at a time when the site was still completely frozen. Knowing REA, I bet the next auction runs like a charm and that this was a one-time occurrence. But I'd also bet that more people will utilize ceiling bids next time around!

swarmee · #2 10-29-2018, 01:13 PM

Quote:

Originally Posted by perezfan

But I'd also bet that more people will utilize ceiling bids next time around!

Doubt it; no matter how "Honest" or "protected" or whatever the bidding software claims the ceiling bid is, collectors are trained to distrust claims of auctionhouses after years and years of rampant shill bidding from many sites, eBay mostly, but also auctionhouses who allow it in their Terms of Service.
Most collectors who are told "the bids are encrypted and perfectly safe" will shrug their shoulders, and ignore it. Because someone out there wrote the code, and may have access.
The company is trying to make lemonades by offering free shipping to the buyers. I was more of an interested observer last night, but if I was a "bid at the end" kind of guy, this wouldn't make me place more early bids just waiting for others to keep bidding me up.

rlorenz · #3 10-29-2018, 01:15 PM

to be Clear I love REA.... it is my favorite AH....by leaps and bounds... hiccups happen....just need to have backup plans for the future.

:-)

midmo · #4 10-29-2018, 01:24 PM

High ceiling bids are fine if you're only interested in a couple items, but I had bids on 100+ lots. I can't afford to place high ceiling bids and win too many items. Sometimes focus changes during extended bidding. I went to bed when I thought double overtime had ended and I didn't receive an outbid notice. I was bummed this morning to learn that I got outbid after 1:15am.

joed25 · #5 10-30-2018, 10:24 AM

Quote:

Originally Posted by swarmee

Doubt it; no matter how "Honest" or "protected" or whatever the bidding software claims the ceiling bid is, collectors are trained to distrust claims of auctionhouses after years and years of rampant shill bidding from many sites, eBay mostly, but also auctionhouses who allow it in their Terms of Service.
Most collectors who are told "the bids are encrypted and perfectly safe" will shrug their shoulders, and ignore it. Because someone out there wrote the code, and may have access.
The company is trying to make lemonades by offering free shipping to the buyers. I was more of an interested observer last night, but if I was a "bid at the end" kind of guy, this wouldn't make me place more early bids just waiting for others to keep bidding me up.

Well said.

Rickyy · #6 10-29-2018, 02:56 PM

Quote:

Originally Posted by perezfan

In looking at REA's "Recent Bids" link this morning, I'm shocked at all the bids that were entered during the final 1 1/2 hours. I was completely locked out during that entire period, and ultimately gave up.

So did the internet work for some, but not others? Or were all of those bids during the last hour entered by phone? Very frustrating, but I realize there was no clear-cut "best solution" for REA. I was just surprised it ended at a time when the site was still completely frozen. Knowing REA, I bet the next auction runs like a charm and that this was a one-time occurrence. But I'd also bet that more people will utilize ceiling bids next time around!

I had intermittent access on and off during the last hour or so...I thought I placed a updated bid, but didn't know if it when through...because the site timed out... turned out I did when I got access again, but when I went to check on it again a minute later, it timed out again, turned out I got sniped for which I didn't get to see until it ended a short time later. I wanted to stay active until the end, but gave up too.

Ricky Y