The Bid Extension feature allows bidding to continue in five minute increments past the scheduled closing time on high interest items.
This feature extends the auction closing time on an item by 5 minutes each time a new bid is placed during the last 5 minutes of an auction. This assures that all bidders will have the opportunity to counter any last-second bids on an item.
The item’s closing time will continue to extend in 5 minute increments as long as there is continued bidding. The item will automatically close when there is a 5 minute extension period with no new bids.
To activate the Bid Extension feature, do the following:
- Go to Event > Set Up > Auction Features
- Scroll down to the Advanced Features section and check off the box next to Bid Extension.
- Scroll down and hit Save