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Established Member
- Impact
- 20
Thought I'd throw this out there regarding NP forum auctions and section 6.2, specifically 6.2.3 of the rules.
It seems slightly unethical to allow a BIN price to be added/modified mid-auction. This disproportionately disadvantages bidders who are not in the same timezone as the seller. POV: you're participating in an auction with specific terms of reference, only for a BIN to be added & accepted while you're asleep.
An auction should be just that, an auction. Not a "test the waters to determine your price" tool.
If a seller is unhappy with the speed an auction is progressing - they should increase the minimum bid increment.
If they want to test the waters, they ought to post as "make an offer" or as a "BIN / make an offer".
Slightly off-topic: another great alternative would be to conduct a blind auction. I haven't seen any of those on here but don't see why it wouldn't be possible.
eg. "Auction ends in 7 days, all blind bids to be submitted via direct message, put your best foot forward."
You might want a requirement for the seller to post the $ value of all blind bids in the thread at the end of the auction for transparency's sake, and admin could investigate any disputes.
Just my 2c, thanks for your time.
It seems slightly unethical to allow a BIN price to be added/modified mid-auction. This disproportionately disadvantages bidders who are not in the same timezone as the seller. POV: you're participating in an auction with specific terms of reference, only for a BIN to be added & accepted while you're asleep.
An auction should be just that, an auction. Not a "test the waters to determine your price" tool.
If a seller is unhappy with the speed an auction is progressing - they should increase the minimum bid increment.
If they want to test the waters, they ought to post as "make an offer" or as a "BIN / make an offer".
Slightly off-topic: another great alternative would be to conduct a blind auction. I haven't seen any of those on here but don't see why it wouldn't be possible.
eg. "Auction ends in 7 days, all blind bids to be submitted via direct message, put your best foot forward."
You might want a requirement for the seller to post the $ value of all blind bids in the thread at the end of the auction for transparency's sake, and admin could investigate any disputes.
Just my 2c, thanks for your time.