Dynadot

Just bought an awesome GD BIN auction domain, fake?

NameSilo
Watch

nick3

Established Member
Impact
156
Hi everyone,

I just bought an awesome generic .com domain at GoDaddy auction for around 70 euro BIN. I don't want to say the name yet, but this one could be sold for thousands, think even 50k+. So I am probably being scammed..? Of course I have to wait 14 days, but I am already looking forward to a GD email with bad news... Ever happened to anyone of you?
 
2
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
Post the domain...
It happens to me all the time, if it's a Godaddy Expired auction the owner can renew it at the last moment and you simply get a refund.
I was the winning bidder of L*a*p*t*o*p*P*a*r*t*s.com(expired) not that long ago for $2500 and owner renewed it last minute and I got refunded.
I also got great names too, so it's a bit of luck on the GD expired auctions...
 
6
•••
It wasn't expired but listed. And no I will post the domain after I got it in my account.
 
2
•••
No you are not being scammed if it was a regular listing on GD.
I can't wait to find out your 50k .com generic domain that you purchased for 70euro.
 
6
•••
No you are not being scammed if it was a regular listing on GD.
I can't wait to find out your 50k .com generic domain that you purchased for 70euro.

Well I have read some things about owners who suddenly can't provide the domain. But I have to wait now I guess.
 
1
•••
Are you sure it is Buy Now and not Make Offer ?
 
2
•••
1
•••
If it is too good to be true it probably is - good luck
 
5
•••
Do make sure it isn't an IDN or a typo
 
9
•••
0
•••
2
•••
Are you sure it is Buy Now and not Make Offer ?

OK. Then carefully check if its not mispelling. If not

1. Either the domain is not worth 50K+
2. Something is wrong.
3. The transfer wont go through
4.You are really lucky.
 
6
•••
OK. Then carefully check if its not mispelling. If not

1. Either the domain is not worth 50K+
2. Something is wrong.
3. The transfer wont go through
4.You are really lucky.

Probably 3..

BTW: the domain was listed less than an hour and I bought it immediately.
 
Last edited:
2
•••
Menus.com sold for $70 back in 199X and flipped for 25k...and in 2017 people buying 70Euro domain with 50k value? common now :))) It's not the lottery anymore
I think people definition of "generic .com domain" has been stretched a bit....
 
4
•••
1
•••
you never know. you can get lucky on GD sometimes. that's how I ended up with 885888.net for low low $xx.

it sold for $4800 at some point in 2015.
 
9
•••
Post the domain...
It happens to me all the time, if it's a Godaddy Expired auction the owner can renew it at the last moment and you simply get a refund.
I was the winning bidder of L*a*p*t*o*p*P*a*r*t*s.com(expired) not that long ago for $2500 and owner renewed it last minute and I got refunded.
I also got great names too, so it's a bit of luck on the GD expired auctions...

So basically GD would give you a free evaluation of real world selling price plus research of buyers? .. then simply pay renewal fee and walk happy?

what I'm missing here?
 
1
•••
So basically GD would give you a free evaluation of real world selling price plus research of buyers? .. then simply pay renewal fee and walk happy?

what I'm missing here?

NO, $2500 was my winning bid for that expired domain, and the owner renewed it the last day.
GD will simply refund you your money.
GD doesn't provide any "evaluations"...and LaptopP*A*R*T*S.com is worth more then 2.5k....that was just my final bid.
 
2
•••
maybe the owner listed an auction and forgot a few extra 0's on the buy it now price

can you give us a clue (.com, .net, dictionary word, 4L, etc)
 
1
•••
NO, $2500 was my winning bid for that expired domain, and the owner renewed it the last day.
GD will simply refund you your money.
GD doesn't provide any "evaluations"...and LaptopP*A*R*T*S.com is worth more then 2.5k....that was just my final bid.

some sellers do this on purpose - let it go to expired auction to see what it will sell for and get interest in the name. and some are just asleep at the wheel
 
5
•••
thanks @maxtorz!
think I understood. You have been on the opposite side of my example.

I meant:

When I have a domain at GD, letting it expire.. then seeing it rises quite nicely.. I at least know what price *right now* peeps are prepared to pay for it.

Then I go on and just renew..
 
1
•••
1
•••
thanks @maxtorz!
think I understood. You have been on the opposite side of my example.

I meant:

When I have a domain at GD, letting it expire.. then seeing it rises quite nicely.. I at least know what price *right now* peeps are prepared to pay for it.

Then I go on and just renew..

haha got it. I am aware of that, I didn't know people had time to risk their assets like that.....
 
1
•••
1
•••
thanks @maxtorz!
think I understood. You have been on the opposite side of my example.

I meant:

When I have a domain at GD, letting it expire.. then seeing it rises quite nicely.. I at least know what price *right now* peeps are prepared to pay for it.

Then I go on and just renew..

Oh, do you mean when you have a domain that's about to expire, listing it on GD to gauge interest and selling possibility/probability... and if people are interested, renew it.

Otherwise let it go?

---edit: I re-read your post. You actually have it posted on GD and you let it expire while it's still posted on GD??
 
Last edited:
1
•••
Back