Just a thought regarding auction end times.
I would recommend folks who post an auction not have a strict deadline, but instead some kind of scaling deadline. [i.e. I would like to end this auction on XX/XX/XXXX at <time> with it continuing until X minutes/hours have passed after the last bid.] This meaning that each last bid, extends the end time by the specified time frame.
The reason being is that with a strict deadline, everyone could just wait until the last minute of the auction to outbid the minimum amount and the seller may lose out on quite a bit of gold if the buyers would have gone higher.
I think something like the above may result in more auction activity and a better auction experience overall.
As an example, the recent Auction for a Magincia House could have gone for much less if both Podolak and I had waited to bid until the end of the auction, in fact we were sort of naive to drive up the price on one another.
Anyways, just a suggestion. Might need more thought or tweaking, but thanks for reading!
I would recommend folks who post an auction not have a strict deadline, but instead some kind of scaling deadline. [i.e. I would like to end this auction on XX/XX/XXXX at <time> with it continuing until X minutes/hours have passed after the last bid.] This meaning that each last bid, extends the end time by the specified time frame.
The reason being is that with a strict deadline, everyone could just wait until the last minute of the auction to outbid the minimum amount and the seller may lose out on quite a bit of gold if the buyers would have gone higher.
I think something like the above may result in more auction activity and a better auction experience overall.
As an example, the recent Auction for a Magincia House could have gone for much less if both Podolak and I had waited to bid until the end of the auction, in fact we were sort of naive to drive up the price on one another.
Anyways, just a suggestion. Might need more thought or tweaking, but thanks for reading!
