I think every bid resets the timer, this prevents sinping.
Answered
How to win at bidding?
During my practice auction I noticed that the timer kept going to zero and then resetting to 1 minute, why?? How can you win if it always keeps going back to 1 minute?
2K Views
1
Answer
one year ago
11 months ago
Tags
You Asked & We ALL Answered!
Most Popular Questions
- Mortgage Reporting on Title Search?
- Tax Deed vs Foreclosure Implications?
- Estimating the loan balance on a Reverse mortgage?
- Pre-Foreclosure Info...?
- Read before you Bid?
Most Recent Questions
- owner quit claim deed property to someone else prior to foreclosure?
- Foreclosure question?
- Florida Foreclosure be purchased for less than Final Judgment??
- Is it a good idea to buy foreclosures uning an llc??
- Can you withdraw funds from your auction account??
Can you answer these questions?
- Looking for creative buyers, seller finance in Marion County, FL?
- OFF MARKET PROPERTIES DIRECT WITH OWNERS !!!?
- Will banks assign a mortgage in default??
-
12329 days ago
-
806 months ago
-
7020 days ago
-
517 months ago
-
39one year ago
-
3710 months ago
-
3010 months ago
-
306 months ago
-
279 months ago
-
2611 months ago
They call it an overtime period. When the clock gets below 30 seconds or so, if someone places a bid the clock will add a full minute to prevent a last second snipe like you see on ebay.