How should auction houses handle non payment by the winning bidder? Back on October 29, I wrote about Kau.com closing at $100,350 at DropCatch. That bidder did not pay, it's being reauctioned. Is that the right way to handle things? I have written many times on how DropCatch and NameJet have benefited by GoDaddy failing to secure payment. Koupons.com closed at $6,100 on 8/17/20 at … [Read more...]