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Auction Closing and Extensions Print

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The end of an auction.

WHEN AN AUCTION CLOSES

At its stated time.

WHAT HAPPENS AT THE CLOSE

The highest bid wins, if the reserve is met.

WHETHER CLOSING TIMES EXTEND

Some auctions extend when a bid arrives near the close.

That prevents a bid in the final seconds winning without response.

Whether extension applies is shown on the listing.

WHAT THAT MEANS FOR YOU

An auction you are watching may not end exactly when stated.

WHAT NOT TO ASSUME

That bidding at the last moment guarantees a win.

With extensions, it simply extends the auction.

WHAT TO DO

Bid your genuine maximum rather than relying on timing.

WHAT TO WATCH

The countdown on the listing, which reflects any extension.

WHAT HAPPENS IMMEDIATELY AFTER

The winner is notified and payment is requested.

Others are notified the auction ended.

WHAT TO DO IF YOU WON

Pay within the stated period.


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