staggered closing definition
staggered closing means the capability of the online auction platform to be programmed to enable lots to close at staggered times at an online auction, thus giving buyers the opportunity to manage their lot baskets better.
staggered closing. All lots are spaced to close 1 minute apart. Please be aware that we are using an auto-extend/dynamic closing feature. This means that if there are any bids placed on a lot in the last few minutes of the auction, the auction will extend so that there is 5 minutes remaining in the auction. This will continue until no bids have been placed withing the last 5 minutes of the auction, at which time bidding will end on that item.