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What is a the Auto Extend feature that I see on some items?

Auto EXTEND feature items
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What is a the Auto Extend feature that I see on some items?

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A. The Auto Extend feature is implemented on ALL ITEMS. If there are bids received on these items within two minutes of the item’s most current close time, the close time will be extended by two minutes. We suggest that if you really want the item that you either enter a proxy bid or check it frequently.

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