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Re: MEARS Auction Still Going!
MEARS Auctions has listened, starting with yesterday's auction they sent out the following email:
Many customers voiced their opinions about the problems with our previous ending system, so for this auction, we have adopted the following ending procedures to address some very valid concerns.
For the MEARS January 20th - 29th, 2011 auction, we will be keeping 9:00 CST ending time, and the 15-Minute per lot rule will be in place. This means the auction will continue after the 9:00 CST time until there has been no bid placed on any lot for 15 minutes.
The one change will be that bidding will close at 2:00 AM CST, (3:00 AM EST), regardless of the remaining bids. These new policies will be posted on our website, and sent via email to all bidders. Many suggestions were given, and I feel that this change will address the majority of the complaints, while keeping the rest of the bidding as close to our previous (and successful by our standards) model that we have in place.
MEARS Auctions has listened, starting with yesterday's auction they sent out the following email:
Many customers voiced their opinions about the problems with our previous ending system, so for this auction, we have adopted the following ending procedures to address some very valid concerns.
For the MEARS January 20th - 29th, 2011 auction, we will be keeping 9:00 CST ending time, and the 15-Minute per lot rule will be in place. This means the auction will continue after the 9:00 CST time until there has been no bid placed on any lot for 15 minutes.
The one change will be that bidding will close at 2:00 AM CST, (3:00 AM EST), regardless of the remaining bids. These new policies will be posted on our website, and sent via email to all bidders. Many suggestions were given, and I feel that this change will address the majority of the complaints, while keeping the rest of the bidding as close to our previous (and successful by our standards) model that we have in place.
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