How does the Dynamic Closing Feature work?

Each auction item is scheduled to end at a specific time. All auctions on the TRE Auctions site use a DYNAMIC CLOSING feature. Any item that receives a bid in the last 5 minutes prior to the scheduled closing time, will extend for another 5 minutes. For example: if an item is scheduled to close at 10:00am, and a bid is placed between 9:55am to 10:00am, the closing time will be extended by 5 minutes until 10:05am. Once the extended time has passed with no other bids being placed, the auction for that item will close and the lot will show SOLD.

NOTE: Click the REFRESH button often on your screen to make sure you see all bids placed before the lot closes.