Dynamic Auction Closing for Online Auctions

Cyberauctions.com the on demand auction system for online auctions has implemented dynamic auction closing. So what is Dynamic Auction Closing? It's a feature that allows our online auction system to behave more like our live auctions, in that the bidding doesn't end until all of the bids are in. As you may or may not know a group of lots or items make up an auction in cyberauctions.com, unlike e-Bay and other online auctions where each item is treated as its own auction. When the auction closing time comes around the system will check to see if there is any bidding within the last 5 minutes of the closing time. If so the system will extend the closing time by 5 minutes. You will also notice that the closing time of the auction has been updated to reflect the new closing time. The process will repeat and will not close the auction until there is no bidding activity for 5 minutes. The system also has a max bid feature and we suggest that you use that if you don't want to wait around and compete in the auction closing. Contact randy@cyberauctions.com if you have any questions about the system.