Yes, what good would it do for the auctioneer to outbid you at the last second without giving you a chance to up your bid? They get stuck with the item, no commission, and no buyer's premium.
That practice is called "bid sniping" or just "sniping." It's regular bidders doing it, hoping you're at your upper limit so they can outbid you by a small amount right at the last moment.
You placed an upper limit on your bid for a reason, that reason being if the bidding went over that amount, you did not want the item. So why get upset if you get outbid?
There are ways to combat sniping: Increase your bid at the last minute by just over the minimum amount, so even if they try to snipe you, you will outbid them and beat them at their own game. Snipe the sniper.
Many online auction platforms that local auctioneers use have an auto-extend feature which adds a minute, or 2 minutes, or 5 minutes, AND minimum bid increments, to the auction to discourage bid "sniping."
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Today's Featured Article - Experimental Tractors Article - by Danny Bowes (Dsl). Tractor technology appears to have nearly hit it's pinnacle of development. If you agreed with the subtitle, you are rather mistaken. Quite, actually. As a matter of fact, some of the technology experimented with over 40 years ago makes today's tractor technology seem absolutely stale by comparison. Experimentation, from the most complex assembly to the most simple and mundane component, is as an integral a part of any farm tractor's development
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