Sorry if this has already been said, but it'd be so much easier if it specified what pet.
I usually have a handful of bids going on at a time, and if they're all close in price I have to check each one before I find the one that I've been out bid on Dx
I like the idea of having a link page to put Autions that you are Watching so even if it says: "You have been out bidded on a pet auction. XXX tu has been returned to your account. " Then you can just go in to your watched Auctions and find it were there are only maybe 10-15 pets not all of them.