#iii • Extended Bidding

Part of NICOLLET, MN - Auction #51 - Industrial Inventory BLOW-OUT Phase 2 of 4 (timed auction by Southern Minnesota Auctions)

Status: No sale

All auctions close using an extended bidding format. This feature allows the auction to function like a live auction by extending the time for 2 minutes (or by such other time as Southern Minnesota Auctions determines) on any item that has active bidding within the last two minutes of that item closing. This also allows customers with slower computer connections a fair opportunity to bid within the last second of an auction.