Re: Lelands Auction Change
Huge fan of this. Makes a lot of sense and is a very bidder friendly rule. Some of these auctions last 3-4 weeks, that is plenty of time for exposure. Buyers and sellers want their items and money asap!!
Lelands Auction Change
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Re: Lelands Auction Change
I agree 100% and feel this should be the industry standard.Leave a comment:
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Lelands Auction Change
I noticed that Lelands Auctions will now end on a lot by lot basis with the extended 30 min rule. Personally, I'm a huge fan of this format.
With this style, I can better allocate my funds on multiple auctions. As some lots get bid past my max, I can redistribute that money onto other lots I'm interested in, often spending more than my original max because of the additional funds that I now know I have available.
The auctions that close all at once ending from 1 a.m. until the early morning, ultimately leave money on the table for sellers and frustrated collectors with money in their pockets.Tags: None
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