STAGGERED END TIMES: This Auction utilizes a staggered end time of (50) Lots ending every 10 minutes. (Lots 1-50 end at 6PM, Lots 51-100 end at 6:10 PM, Lots 101-150 end at 6:20 PM, etc. Lots will remain open as long as there is bidding activity. (See Extending Bidding paragraph below)

EXTENDED BIDDING: The auto-extend time feature leaves the bidding open for any item that has received a bid within the last 5 minutes, even if the original ending time has been reached. The basic rule is, there must be a minimum of 5 minutes for a bidder to react to a bid. If there is a bid placed in the final 5 minutes for an item, the ending time for that item is automatically extended to allow the 5 minute reaction time. If another bid is received during that 'extended time,' the ending time is extended again--and again, if necessary, for 5 additional minutes for each extension. This continues and repeats until there are no more bids submitted. This 'Auto-Extend' feature allows the bidding process to be more fair for every bidder and gives all bidders a chance to respond to any last-minute bid(s). Items are Auto-extended ONLY if a bid is placed within 5 minutes of the scheduled closing time.

Innes Estate - Personal Property