Soft-Close / Anti-sniping

If a bid is placed on an auction within 2 minutes of its close-time, the auction will be extended by an additional two minutes to allow other bidders a chance to counter bid. The auction will be extended with every bid until bidding from all parties stops. This prevents what is knows as “sniping” — bids placed at the last second that are likely to exceed the current maximum bid and win the auction without giving others a chance.

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