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
one year 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...?
- mechanics liens?
Most Recent Questions
- PAPA Ownership Update After Auction Win?
- Status of Available for Wholesale Properties?
- Stand Alone Second Mortgage?
- rename my list?
- Deposit?
Can you answer these questions?
- OFF MARKET PROPERTIES DIRECT WITH OWNERS !!!?
- Looking for creative buyers, seller finance in Marion County, FL?
- Will banks assign a mortgage in default??
-
12326 days ago
-
908 months ago
-
90one month ago
-
518 months ago
-
39one year ago
-
37one year ago
-
30one year ago
-
308 months ago
-
2710 months ago
-
26one year 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.