From time to time sellers on Tired Iron may elect to sell selected units on the site using a process that extends bidding 60 seconds (one minute) from the time the last bid is cast.
Extended Bidding will be in effect on the last 60 seconds of the bidding process of any designated unit.
After subsequent bid, the time will be extended 60 seconds from the time of bid placement.
If there is no bidding activity for 60 consecutive and complete seconds the unit will end and be awarded to the highest bidder if the reserve has been met.
Sellers are under no obligation to use the extended bidding process.
Bidding on units sold without utilization of the extended bidding process will end exactly at the specified end time.
Watch the video above for a visual explanation.