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Thread Admin: AuctionArmsCeo (7-0-0) (Last 10 Posts) Posted: 08/18/2010 at 09:10:20
Total Posts: 145
Thread Title: "Announcement - 10 Minute Rule"
AuctionArmsCeo

At the request of many of our users, and after consulting with our buyers and sellers over many months, we've decided make a change to how auctions are run at Auction Arms. Starting September 1st, all Auction Arms auctions will have a 10-minute rule implemented at closing time. This 10-minute rule means that if anyone bids in the last ten minutes of an auction, the auction will be extended by 10 minutes from the submission time of the bid. We feel, as do many others, that this new rule will benefit both buyers and sellers by giving everyone an opportunity to bid on an item to find it’s true market value. I realize that not everyone will be happy with this decision, but we feel it’s in the best interests of Auction Arms, and our buyer and sellers, and hope you will remain our loyal customer. Thanks for your patience.

 

Manny DelaCruz

CEO/AuctionArms.com, Inc.

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Buyer: anita gun(10-0-0) Post#136 - Posted: 01/14/2012 at 06:22:20
anita gun

 Hey M3..    its good to see you back .... hope all is well and ya stick around for the forum fun..

Buyer: brainaxe(22-0-0) Post#137 - Posted: 01/14/2012 at 06:32:09
brainaxe

WallyM3 !!!!

WOW!! HEY!!!! HOW YA DOIN' ??? Laughing  WELCOME BACK!!!

 

Former Seller: WallyM3(63-0-0) Post#138 - Posted: 01/14/2012 at 10:33:16
(no avatar)

Thanks, guys. Just passing by the playground, but will be around more often.  Cool

Former Seller: RobW(128-0-0) Post#139 - Posted: 01/19/2012 at 19:15:34
(no avatar)

HOT DIGGETTY DAWG! Does this mean we can have another meeting of the northeast forum monkies?

Former Seller: WallyM3(63-0-0) Post#140 - Posted: 01/23/2012 at 10:22:09
(no avatar)

Works for me.

Former Seller: lev(58-0-0) Post#141 - Posted: 03/07/2014 at 04:31:30
(no avatar)

Another stupid move (10 min. rule) I will shop somewhere else. Auction is auction with fixed time end, not a store sale. If you want to implement something like this it SHOULD be by the CHOICE of seller to do or not to do. I would not bid on these sellers with those rules.

Buyer: anita gun(13-0-0) Post#142 - Posted: 03/07/2014 at 05:16:52
anita gun

good to see you're outta your 3 1/2 coma....

Former Seller: Fyrd(52-0-0) Post#143 - Posted: 03/07/2014 at 05:48:08
(no avatar)

So how about an update? How has the “10 minute rule” done?

What are the numbers? Are traffic, prices and sales up?

Fyrd

 

Former Seller: BRDouglas(6-0-0) Post#144 - Posted: 03/07/2014 at 14:15:57
BRDouglas

AG LOL!!

Former Seller: oneeyedlefty(1-0-0) Post#145 - Posted: 03/07/2014 at 17:42:02
oneeyedlefty

I know this auction site is not a democracy, as someone stated earlier. I buy and sell on this site. As a seller I like it, as a buyer I don't like it. I know I can't have it both way's, that it is why I think it should be an option for the seller when they list their product's. I know it 's their site, but without our product's there is now site. Not trying to start a fire, just my opinion. I know everybody has an opinion, just like everyone has a bung hole. Some are just louder then other's. Either way I will stay on this site!!!

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