This auction becomes active once the first bid is placed. The time noted is the duration of the auction from the time of the first bid until the auctions closing date.

Auctioneers item rating:

Good Items: 10
Bad Items: 3


Auctioneers delivery rating:

Good deliveries: 10
Bad deliveries: 3

A Reserve allows the seller to set a hidden minimum amount he'd require for his item.

Bidders can only see if the Reserve is met by the existing bids or not. If an auction ends without the Reserve met the Seller may decide if he wants to sell his item to the price the auction ended at or if he'd like to refuse to sell his item.