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#10
10-09-2011, 11:24 AM
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Bob-Is this format really better for consignors? The strategy for bidding in an auction like this should be to not bid until 3 or 4AM on the last day if you really want an item. There is NO REASON to bid before then. With this strategy many people have gone to bed and some of the bidding wars that might normally arise don't take place because sane people are sleeping by then. I think the best way to improve realizations in this auction is to have some better lot descriptions. Most descriptions in the auction are no more than here it is, bid on it. I wouldn't expect REA descriptions, but would expect Ebay like descriptions.
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