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5/10/2008 Policy Updates
Combined Auctions Policy
In an effort to further reduce the cycle time from winning bid to completed order, Sportlots has decided to reduce the time available to combine auctions from 7 days down to 5 days.
New auction bidders
In a continued effort to reduce the number of unpaid auction orders our Sportlots sellers experience, Sportlots now reserves the right to place a temporary hold on new registered users on Sportlots who place (in our sole determination) a large number of bids on auction items. It has been our experience that the majority of unpaid auction orders come from 1st time or newer users of Sportlots. While we encourage new users to place bids on Sportlots auctions, we do reserve the right to protect our sellers and in extreme cases limit the number of bids placed by newer users of Sportlots by putting this hold on their account. Once an outstanding order(s) has been paid for, the temporary hold will be released from the bidders account.
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