2020 Post Season Auction Thread

Discussion in 'ORFFA' started by Bandit, Sep 15, 2020.

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  1. Bandit

    Bandit Moderator Staff Member

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    Auction rules:
    1. All players or picks to be auctioned should be listed with a closing day/time.
    2. All players or picks being auctioned cannot be pulled before that day/time.
    3. No asset being auctioned should be the subject of private trade negotiations nor used as part of a bid in another auction, until the auction of the asset has reached it's conclusion/closing time, with or without a sale.
    4. Stating a reserve, or a preferred return type for the auctioned asset is voluntary.
    5. The reserve is not reached on any asset until the seller says so.
    6. Once a reserve has been reached the seller has the option to adjust the auction length, but to no less than 48 hours, or the end of the trade period, whichever is the lesser.
    7. As soon as practical after receiving multiple bids on an asset the seller should indicate whom is in front, any reasoning is optional.
    8. All auctions are final and irreversible unless via subsequent mutually agreed trade.
    9. Once a bid is tabled the bid is live until rejected OR deemed beaten by the person conducting the auction, it cannot be materially altered once tabled.
    10. No bid can be conditional on outcomes not directly related to the auction at hand.
     

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