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| Domain Name Discussion The place for general domain name related discussions. |
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11-04-2008, 03:42 PM
| THREAD STARTER #1 (permalink) |
| NamePros Regular Join Date: Jul 2008
Posts: 526
   | When bidders fail to pay on Namejet... Vida.com and now lets.com is also back in auction. I assume the winning bidders could not pay up. (This link sure is interesting ) ????: NamePros.com http://www.namepros.com/domain-name-discussion/530399-when-bidders-fail-to-pay-namejet.html Vida.com originally went for $70,000 and Lets.com originally went for $31,500. Now they are both back in auction. But instead of starting a new auction, the new high bidders are the users who bid last month. Are these people obligated to buy the domain? After all, their bids were placed weeks ago and interest in the domain and financial situation could change from that time out. Imagine if you placed a losing $30,000 bid on a domain. You later find a better domain the the price. One month later, you find that you have to pay for an old bid. Also do the users who failed to pay have their account suspended indefinitely or temporarily?
__________________ Clarification: "That's not a dotCom, that's a dotCo. You know, Co as in Mexico. " |
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11-05-2008, 06:52 AM
| #2 (permalink) |
| Yofie.com  Join Date: Mar 2006 Location: DotWeekly.com
Posts: 2,891
   | From my understanding, each bidder get's a "second chance". You are allowed one NPB and then you are gone. As for the auction restarting and being at the high bidder of the old auction just doesn't seem right. The auction should Restart at the min bid IMO, so NJ doesn't run into another NPB situation.
__________________ DotWeekly.com <--My Blog, Readers Welcome! |
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11-05-2008, 06:56 AM
| #3 (permalink) | ||||
| Senior Member  Join Date: Oct 2005 Location: In a 3 Bedroom Flat ©
Posts: 3,684
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 They should start with the min bid again.
__________________ â€* Did We Know That There Aren't Really Thousands Of Bands Who Might Be Interesting, We Will Get To Deleting All Bands That Aren't In Flames, Cannibal Corpse, Morbid Angel, Deicide â€* | ||||
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11-05-2008, 07:16 AM
| #4 (permalink) |
| NamePros Expert  Join Date: Sep 2006 Location: Carlsbad, CA
Posts: 7,848
   | Ive had issues with this as well. NameJet believes the next highest bidder is where the auciton should continue. This has lead to other Non-Paying bidders. I have several times requested to be removed from re-auctions that I no longer had an interest in. Its a hastle, but you cant control how everyone does business.
__________________ Read my Blog! NameBio.com - Search The Domain Sales Index Buying LLLL.com's ending in "CA" |
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11-05-2008, 08:06 AM
| #6 (permalink) |
| Senior Member  Join Date: Aug 2008 Location: Australia
Posts: 1,800
 | An auction is an auction, and should be an auction! These types of manipulation to rules and dodgy end users not paying just makes me highly suspicious of the whole process. Im still not convinced many of the high prices we see at some auctions are genuine, i know it's a big call, but i think the evidence again and again backs this up for me to be sceptical. Gdaddy even had an employee buying domains for himself in the aftermarket not long ago, im just not convinced.
__________________ Drez Media |
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11-05-2008, 08:15 AM
| #7 (permalink) |
| doh-main Join Date: Mar 2006
Posts: 324
| i have just had this problem myself with namejet where I was the second highest bidder, they started the auction where me and the highest bidder started biddinging against each other, and on top of that included a proxy bid within $100 of previous winning bid? Its a week since the last bidder did not pay, I feel this is a long time to just start restarting auctions. I have contacted them about this and asked to be removed from the bidding, has anyone else had any luck being removed from bidding? thanks |
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11-05-2008, 11:05 AM
| #8 (permalink) |
| Senior Member Join Date: Aug 2008 Location: Australia
Posts: 1,800
| And here we have yet another absolutely ridiculous example of what is called a domain auction, this time at Snap, complete joke IMO. ????: NamePros.com http://www.namepros.com/showthread.php?t=530399 Join By 3:15 pm EST/12:15 pm PST Domain Price Bids 0152.com 75,000 9 0163.com 75,000 9 1078.com 75,000 12 1318.com 75,000 13 1485.com 75,000 11 1633.com 75,000 14 1886.com 75,000 14 1954.com 75,000 13 2131.com 75,000 12 2240.com 75,000 11 2250.com 75,000 12 31333.com 12 3 3699.com 75,000 11 4100.com 75,000 11 4856.com 75,000 11 498.com 125,000 29 5110.com 75,000 11 519.com 125,000 30 558.com 150,000 29 5608.com 75,000 11 6110.com 75,000 11 6141.com 75,000 11 6200.com 75,000 12 6816.com 75,000 12 6938.com 75,000 11 7761.com 75,000 11 7826.com 75,000 11 8252.com 75,000 11 8454.com 75,000 11 8618.com 75,000 11 8878.com 75,000 11 9990.com 75,000 11 The only people i know who run a true no BS auction are Name Pros. And Reece at BQB of course.
__________________ Drez Media
Last edited by maxeaus; 11-05-2008 at 12:33 PM.
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11-05-2008, 01:07 PM
| #10 (permalink) | ||||
| NamePros Member Join Date: Dec 2006
Posts: 66
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