Hi all !
I've seen many domain names recently on NameJet that don't get sold on auction and each month they are rebroadcasted again for auction because of the minimum reserve that don't get reached.
If the minimum bid/reserve amount is not met, the auction will not be awarded to any bidder.
Example:
Reserve Range: $50,001 - $100,000
That means if $100,000 as minimum doesn't exists, no one will win the domain in question (At the first place, I thought any amount between 50,001-100,00$ will be accepted - but finally not).
Some of domains I always see on NameJet:
scanfile.com
fooddeal.com
endg.com
etc...
As most of buyers at NameJet are resellers IMO and if the domain don't reach the reserve price after the 10th time, it's probable that the domain asks more than his value at the eye of buyers.
Or is there a case where the seller decide to let it go under the reserve price when auction is ended?
Thank's all.
I've seen many domain names recently on NameJet that don't get sold on auction and each month they are rebroadcasted again for auction because of the minimum reserve that don't get reached.
If the minimum bid/reserve amount is not met, the auction will not be awarded to any bidder.
Example:
Reserve Range: $50,001 - $100,000
That means if $100,000 as minimum doesn't exists, no one will win the domain in question (At the first place, I thought any amount between 50,001-100,00$ will be accepted - but finally not).
Some of domains I always see on NameJet:
scanfile.com
fooddeal.com
endg.com
etc...
As most of buyers at NameJet are resellers IMO and if the domain don't reach the reserve price after the 10th time, it's probable that the domain asks more than his value at the eye of buyers.
Or is there a case where the seller decide to let it go under the reserve price when auction is ended?
Thank's all.
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