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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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Former Seller: Hagrid(59-0-0) Post#56 - Posted: 08/27/2010 at 21:09:07
Hagrid

Manny, How many times have AA staff and sellers said "Place your max bid and let the proxy bid for you.If you are out bid then you move on to the next one?"Those who lost an item because of a snipe were snipepers and pissed off because they got caught with their pants down. If a seller has an item on auction that has stirred genuine interest, it will sell for the best price it can bring. If the item is a little odd, in lets say caliber,then the interest wans and the price drops. That is where the snipper shines. The fact is, if the sellers wish to make more money, list better products and more of them. There is a CZ redhead O/U on the scroll that is started at 650.00 with a buy it now of 775.00. They list for 850-1000.00 new. This is a good buy but it has one bid at 650.00. The buy it now would be a decent deal but there is no buyer interest.The 10 minute rule isn't going to help this one nor any other that the buyers don't want. You can lead a horse to water....     Trapper

Buyer: BNPHunter 357(3-0-0) Post#57 - Posted: 08/28/2010 at 00:37:39
(no avatar)

Manny what is wrong with having it as an option?

Former Seller: Yone(609-0-2) Post#58 - Posted: 08/28/2010 at 11:18:55
(no avatar)

Manny--- I have not talked to a single buyer that likes the ten miute rule. You're statement that buyers might be happier because they don't like being sniped is just about the silliest thing I have ever heard. All buyers know about the PROXY bid. Your decision to go this way is really none of my business but you stating buyers are for it is simply not believable-----Thanks

Buyer: 5thcommjarhead(68-0-0) Post#59 - Posted: 08/28/2010 at 17:42:46
5thcommjarhead

And the buyers who like it should have the option of a 10-minute rule and those who don't like it shouldn't be subject to it.

Former Seller: RobW(123-0-0) Post#60 - Posted: 08/28/2010 at 20:43:49
(no avatar)

Re post 54, last three paragraphs: Bunk  (.02)

Former Seller: DISPLAYWORLD22(19-0-0) Post#61 - Posted: 08/28/2010 at 21:46:37
(no avatar)

Waiting till the last 15  seconds of an auction to "SNIPE" someone, is not my idea of an auction. It's a guessing game that's not even an auction at all. EBAY is famous for it..they even show you the time counting down..boy, what fun?..You want what I want? OUTBID me, fair and square..If the seller has friends as bogus bidders to drive the price up, they probably will win most of the time, causing the seller to pay the fee and relist the item, which will become obvious and reason for their membership termination. The auction isn't over until the last bid is placed..I salute AA for making the right decision..EDW

Former Seller: jakebucky(10-1-0) Post#62 - Posted: 08/29/2010 at 07:21:10
Post removed by: GunAuction.com staff...

Seller: Hartwell Gun(1260-1-2) Post#63 - Posted: 08/29/2010 at 13:37:01
Hartwell Gun

I remember a time when you even mentioned the other site your post was pulled.Hold your tongue -Hartwell say no more,even as bad as you want to address the above!!!!!!! IT ain't your job!!!!!!

Former Seller: WILLIE TA(1653-0-1) Post#64 - Posted: 08/29/2010 at 17:25:59
WILLIE TA

5THCOMM

     DO I SEE YOU NOT AGREEING WITH SOMETHING  AA IS DOING?   AS THE RESIDENT MALL COP THOUGHT YOU GO WITH ANYTHING THEY SAY.. 

Buyer: BNPHunter 357(3-0-0) Post#65 - Posted: 08/30/2010 at 00:06:40
(no avatar)

is this discussion still going on?

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