A Costa Rica Mystery Auction is currently featured on the LL homepage and is available for everyone to view. There will be clues throughout the duration of the auction to let you know the location of the property. So check this forum in the Community throughout the next few days to learn more! Visit the Mystery Auction - $1 starting bid landing page to view this auction along with our other live $1 starting bid auctions.
Last edited by LL_Moderator_ks; 06-01-2012 at 06:00 AM.
Welcome to the community. You have a valid question here. The auction will only close when there are no further bids. Let's say the closing time is set for 1PM, but at 1:03 PM another bid comes in, the auction will wait till 1:04 pm. If no further bids come in you win the auction. However, if another bid comes in at 1:0345 the time will be increased by another 4 minutes to 1:08 pm. This can go on for several minutes until no further bids come in within those 4-minute increases. Hope this helps.