The Timer countdowns the remaining time the auction will remain open. It resets when a bid is submitted
Simultaneous (SIM) auctions conclude via a timer system.
The timer will become visible at the top of the auction at the time designated by the Selling Agent or as otherwise determined by AuctionsPlus.
Timer value decreases incrementally in a countdown predetermined by the Selling Agent(s) or AuctionsPlus, for example the timer may begin at a 60s countdown and decrease in 10 second increments until the timer is running a 20s countdown.
All lots in a SIM auction close together - Every time a bid is placed, on any lot in the entire auction, the timer will restart to the current timer increment and begin to count down again.
Winning bids remain green and only turn red once outbid. The Timer displays the time left to counter bid
