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Subject: 
Re: auction timings
Newsgroups: 
lugnet.market.auction
Date: 
Wed, 14 Apr 1999 17:14:28 GMT
Viewed: 
549 times
  
In lugnet.market.auction, Simon Robinson writes:
Quick question - since I'm thinking about auctioning off some sets.

What do people consider is a reasonable length of time to keep an
auction open, before it starts to advance through going1, going2, etc.?

Since I'm not in any desparate hurry to sell, I was thinking along
the lines of open for about 2 weeks, then advances every 2 days
without a bid. Is that too slow, or too fast? Is that sort of timescale
being fair to bidders?  Opinions?

In an auction, "reasonable" is what you define it, as long as everyone knows
ahead of time what you consider reasonable. That way, they can make the prior
decision of whether or not they want to get involved.

Being that you're not in a hurry, here's a few things you might want to
consider in figuring out what's reasonable for you and for others (btw, this
list is by no means exhaustive):

..some people are not online on the weekend - they are only online at work
..people might forget to check one day
..some people live online
..how often can you (Simon) publicly update the auction's bids?
..daily posting of auction standings to public forums can irritate some people,
especially if you post every lot's status and description
..people (sometimes often) want to know how "their" lot is doing, especially if
the set/part(s) is/are rare/expensive

Maybe you've already thought of these things, but that's my $0.02.

-Tom McD.
there are no fruit chunks in my email's spamcake.



Message is in Reply To:
  auction timings
 
Quick question - since I'm thinking about auctioning off some sets. What do people consider is a reasonable length of time to keep an auction open, before it starts to advance through going1, going2, etc.? Since I'm not in any desparate hurry to (...) (25 years ago, 14-Apr-99, to lugnet.market.auction)

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