Actually, that is how it is done on the Overstock.com auction site. If bids are placed in the last 30 secs or so, additional time (I think 5 minutes) is added to the clock. I, as a buyer, never did like that deal!
Originally Posted by tolfan
most of the suff I sell gets about 20 to 50% of the selling price in the last 2 minutes. thank you snipers. I wish there was a way to kick back the time remaining , 10 seconts to go snipers bid it up and then wait theres an extra minute so keep on biding