by Glyn Meredith » Tue Apr 06, 2010 2:41 am
I'm for auction extensions - if there are bids in the last minute or so, the auction is automatically extended (seller's choice). As a seller, I've sometimes seen a bidding war start this way. It adds tension and a higher price for the seller.
I also back the seller being able to cancel an auction at any time and for any reason - with a small penalty to stop it becoming too common practice. Cancellations can be annoying for buyers but if a seller annoys the customers too often, they will shop elsewhere, so the seller has to use this sparingly.
Both of these functions are seen on the Japan Yahoo auctions, which I use for both buying and selling. For me, the functionality there beats eBay any day.