I’m auctioning off a XXY G1 this weekend, but I’m not sure how long auctions normally run for, not including snipe guards?
I’m auctioning off a XXY G1 this weekend, but I’m not sure how long auctions normally run for, not including snipe guards?
@
GreenGalaxy
Unless you're thinking the price will go into tens of thousands of gems where many people would need to liquidate to get funds, I don't recommend longer than a week. That is, I suspect most people bidding are going from funds on hand or whatever they'll liquidate happens within a few days. The smaller the expected final bid the less time you need to give.
An example: if the expected final bid was 75,000 you could honestly have an auction length of a few hours because the Fairgrounds can be capped through several methods in under an hour.
Shorter than a day means someone is asleep and will miss the auction, even if you use a ping list which is highly recommended.
It's been a while since I auctioned anything, but I would shoot for at least one weekend day included and probably a minimum of 2 days.
@
GreenGalaxy
Unless you're thinking the price will go into tens of thousands of gems where many people would need to liquidate to get funds, I don't recommend longer than a week. That is, I suspect most people bidding are going from funds on hand or whatever they'll liquidate happens within a few days. The smaller the expected final bid the less time you need to give.
An example: if the expected final bid was 75,000 you could honestly have an auction length of a few hours because the Fairgrounds can be capped through several methods in under an hour.
Shorter than a day means someone is asleep and will miss the auction, even if you use a ping list which is highly recommended.
It's been a while since I auctioned anything, but I would shoot for at least one weekend day included and probably a minimum of 2 days.
@
Dagomor Thank you, this was very helpful!
@
Dagomor Thank you, this was very helpful!
