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if it were left the the seller to close the auction after the last bid was made the auction could last forever
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TradeMe (NZ's big auction site) has a good scheme, auctions can "Auto-Extend" which means so long as there is bidding within so many minutes (5 minutes or something) the auction stays open past the original closing time , probably "fairer" for the bidder and definitely better for the seller, I don't use sniping tools on TradeMe (don't know if there are any), only on Ebay where I got frustrated early on by the impossibility of bidding against machines (if you can't beat 'em...)
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WATCH THE POSTAGE CHARGES
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Amen to that, I've been caught out on Ebay in the past with sellers basically making up the price with ridiculous postage.. very rude! I always ask in advance now.