| A reserve price is required for all auction lots. If winning bid meets or exceeds your reserve price, it is considered a binding contract that is expected to be completed within seven (7) days of the live auction event.
Using a reasonable reserve price is strongly recommended. Potential bidders will be shown a general indication of your reserve range. (For example: Mid $xxx, High $xxxx, Low $xxxxx) If you wish to make the exact reserve known to bidders you can include it in the description. NamePros auctions feature a $5 minimum bid and a $5 minimum reserve with a $5 minimum value fee due after a successful sale. Reserves of $5 are an excellent way to encourage bidding and qualify your domain for live auction, but be mindful that the final auction results will be binding.
What happens after you submit your name?
Your auction lot is immediately entered into our silent auction. The silent auction is a queue of domains that allows interested buyers to bid prior to the live auction. A domain becomes eligible for the next live auction when it receives a verified bid within 50% of the seller's reserve. Final value fee is due seven days after successful live auction sale and must be paid before participating in future events.
Buyers and sellers that do not complete deals will receive negative feedback and be barred from future participation. By submitting this auction listed, you agree to the terms of the auction listed on this page. |