AUCTION END TIMES: Liberty Auction and Realty Online Auctions are timed events and all bidding will close at specified time. Liberty Auction and Realty Online Auctions also have an auto extend feature. If a bid is placed in the final 5 minutes of and auction, then the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04. The auto extend feature remains active until no further bids are received within a 5 minute time frame.