Subject:
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Re: To sell or to auction, that is the question.
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Newsgroups:
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lugnet.market.theory
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Date:
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Wed, 6 Oct 1999 17:20:49 GMT
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Viewed:
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423 times
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Jason M Normand wrote:
>
> The way of the world typicaly is first come first sever. it has its problems
> but in most instances it works. Auctions are more complicated and typicaly
> less fair to all then strait sales. The seller will sepend weeks or even
> months waiting and proccessing the auction while the buyer will sit there
> wondering if some guy will jump on at the last min and outbid him.
Here we go again...
I'll let Larry or someone else jump in on the "fairness" of auction vs.
straight sale.
Yes an auction is more complicated than a straight sale, but need not
take weeks or months to run (true, Auczilla runs several weeks, but
that's a huge auction). And of course a proper auction system doesn't
let someone come in at the last minute and outbid without the capability
of response (and adding that response time need not extend the duration
of the auction that much - what I don't quite understand is why Serious
Collector lets the auctions sit for so long before hitting going once).
--
Frank Filz
-----------------------------
Work: mailto:ffilz@us.ibm.com (business only please)
Home: mailto:ffilz@mindspring.com
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Message has 1 Reply:
 | | Re: To sell or to auction, that is the question.
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| (...) That's a seller option, I believe. I think you can choose 7, I KNOW you can choose 14 or 21. I had been choosing 21 but have now been going with 14. I may go 7 if I can. eBay now allows 10 as well as 7 but there's still the fixed end time (...) (25 years ago, 6-Oct-99, to lugnet.market.theory)
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Message is in Reply To:
| | Re: To sell or to auction, that is the question.
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| The way of the world typicaly is first come first sever. it has its problems but in most instances it works. Auctions are more complicated and typicaly less fair to all then strait sales. The seller will sepend weeks or even months waiting and (...) (25 years ago, 6-Oct-99, to lugnet.market.theory)
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