REA: Will you make it to the end?

[Jay Wolt]

I have some consigned lots and I'm high on 1 lot
and may be re-bidding on other lots. So yep, I'll
be up to the 2:00-3:00AM closing time.
No need on a Saturday night to go to bed too early.

[jmk59]

I might come close. I'm doing online bar prep videos and checking in on REA is a good break between sessions. So between the umpteen hearsay exceptions, Time is of the Essence clauses ("Hose the Breacher") and the Erie Doctrine, I just might be able to peek in quite late.

I sure hope whoever thunk up the "Recent Bids" screen gets a big-a$$ bonus this year. That alone has totally changed the end-of-auction watch to something that is very dynamic, even if you are shut out or close to getting shut out.

J

[Rob D.]

I agree. The "recent bids" feature is great.

[HercDriver]

The Bulls lost, but the Blackhawks are looking good. With two high bids, I'll be awake at least until the Hawks get done skating...

Take Care,
Geno

[martyogelvie]

Can't stay up too much later.

[Kawika]

Ordinarily I'd be sitting pretty in Honolulu where it's 6 hours behind EST. However I am presently in southern Alberta at the in-laws, on dial-up, and there's no way I will last til the end. Am ahead on seven bids right now but don't expect that to last. Will be happy to land a couple of keepers.

[jmk59]

Even with the "close any time after 11:00" rule, I can't see it shutting down anytime soon. Look at all of the value added between 11:15 and 11:30. Even if you account for the autobids kicking in, there were still a handful of significant lots that went up.

Is someone in "gotta have it" mode on the Hutson jersey, or is that an expected price for that? Wow. Just that one bid alone during that 15 minute interval was a $5K bump, $6 with bp.

I suspect they aren't going anywhere soon.

J

[calvindog]

The "recent bids" feature cuts both ways: bidders could wait for things to really slow down before dropping their next bids, unlike in previous years where REA was really like shooting in the dark. In essence, the feature is just a true 15 minute clock which actually resets after each bid.

[Matt]

Originally Posted by calvindog

The "recent bids" feature cuts both ways: bidders could wait for things to really slow down before dropping their next bids, unlike in previous years where REA was really like shooting in the dark. In essence, the feature is just a true 15 minute clock which actually resets after each bid.

I dunno - the REA rules say that the 15 minute concept dies at 11 PM and now it's just up to whenever Rob feels like it's been enough.

[Leon]

I don't think so.....I think it is still in 15 minute increments....but could be wrong

meaning it starts over if there is a bid in the previous 15 minutes....but I sort of like actual clocks better...I am not sure if this is one or not...