What is the primary benefit of mediation between buyers during an auction?

The primary benefit of mediation between buyers during an auction is that it resolves disputes quickly. Mediation facilitates open communication between buyers and can help address issues such as misunderstandings about bids or conflicts over terms of sale. By providing a structured way to address these disputes, mediation helps to maintain a positive atmosphere during the auction, ultimately leading to a smooth process. In addition, a quick resolution prevents prolonged bidding interruptions, keeping participants engaged and the auction on track. This efficiency is critical in a competitive environment where time and decision-making play pivotal roles in the auction's outcome.