Manbat Posted January 11, 2023 Share Posted January 11, 2023 Hello @Bluerise22 The auction outcome has been reversed as you did not honour your end point. You stated the auction will run from 48 hours from "now" which means the auction began from the creation of your post. Quote Auction Rules 7. Starting price/point must be clearly stated. Once met, the auction has started. - Forum: › As of start point, this may be one of the following 2 options: a specified time (e.g. "day/month/year hour:minute a.m./p.m. & Timezone"), or instantly as of the trade post (e.g. "as of thread creation"). › As of start price, specified by the seller. The last valid bid was 4m which meant @Masskiller ended up paying 1.5m more than necessary. You have also stated throughout your auction that the auction will extend 1 minute from every bid. You cannot create your own auction rules, an auciton will only be extended in the following circumstance: Quote Auction Rules 9. End point is final and must be honoured. - Forum: If a bid is received in the final 15 minutes of the auction, the end point will be delayed by 15 minutes from that bid, and will be delayed by 15 minutes for each new bid thereafter, until the current offer has been held for a full 15 minutes. Must be accurate to the minute that the auction is set to end. › e.g. If the auction ends at 15:00, it will end at 15:00:00. If a late bid is received in the final 15 minutes, at 14:46, the auction will end at 15:01. If another user bids at 15:00, the auction will be extended again, and will end at 15:15, this will be repeated until the current offer has been held for a full 15 minutes. 1.5m has been returned to @Masskiller and you have been punished for a mishandled auction. I will now lock this thread. Take care, Manbat. 2 Link to comment Share on other sites More sharing options...
Recommended Posts