.com $3,000 seems to be the magic number for Qoute.com

[equity78]

Don’t “Quote” me on this, but it seems like $3,000 is the magic number for the typo of the word Quote. A few weeks back I saw that QOUTE.com closed at $3,005 and then $3,250 at GoDaddy auctions. Again GoDaddy failed to secure payment and the domain name dropped. DropCatch caught Qoute.com and it closed […]

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[Zagalee]

What's the penalty for those that failed to redeemed the won auctions ?

 

[blogspotter]

What's the penalty for those that failed to redeemed the won auctions ?

$10 admin fee to reinstate a ban for first time offense.
Repeated offense, perma ban

 

[DomainRecap]

What's the penalty for those that failed to redeemed the won auctions ?

Virtually nothing, as GoDaddy treats defaulting on a $50,000 domain sale exactly the same as not paying a $5 hosting fee.

Someone over there needs to change their business processes fast.

 

[Samer]

$10 admin fee to reinstate a ban for first time offense.
Repeated offense, perma ban

Absolute joke;
Should be ban hammer first time;
industry self-inflected wounds here.

Allow an “appeal” but have zero tolerance