Subject:
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autoFAQpost /market/auction/execution/05_auction_how_long.en.faq
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Newsgroups:
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lugnet.faq
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Date:
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Mon, 12 Jul 1999 23:19:38 GMT
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Viewed:
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1185 times
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Subject: How long should you let an auction run?
Topic-Level: 1
Content-Language: en
Topic-Level: 0
Revision: Todd Lehman, 1996-01-08
Location: /market/auction/execution/
<P>Run it until it's bleary-eyed and sore. Some of the most amazing things
happen near the end of the auction. People shift their money around between
auctions and even within your auction. One auction once ran for 80 days,
and you can bet there were some pretty nice things going on.</P>
<P>Note: As soon as a bidder asks you "Hey when is this thing over?" chances
are he's done bidding and wants to send you a check. Always let someone
send you a check if all their stuff is sold but other people are still
bidding. Spread out packing and shipping rather than lumping it all into
one weekend.</P>
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