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We've published:
Please share any comments, concerns, suggestions, or thoughts about it below.
Thanks!
Please share any comments, concerns, suggestions, or thoughts about it below.
Thanks!
The idea behind the examples is to illustrate that it is the sellers' responsibility (this has always been the case) to deliver on their obligations that are set forth by their auctions. They will need to cover all of their bases when they get creative with their sales listings. The edge cases (or unforeseen circumstances) would not exempt sellers from their commitments.
We'll update the examples (and add more) to help sellers plan ahead for less common scenarios, but at the end of the day, everything is still the same (rule wise) and we haven't made anything more complicated. However, the rules do allow for sellers to make their auctions as complex/elaborate, or as simple, as they wish. Some sellers will come up with ingenious ideas with this freedom, such as Winner's Choice auctions, and others may not.
There are pros and cons to everything.
If we notice a particular type of auction is causing a lot of issues, then we will investigate and determine whether something needs to change. I think we've shown that we won't hesitate to roll up our sleeves and take action promptly when it's necessary.
We really appreciate the feedback. It helps us improve the rules/guides and prepare for the unexpected.
The presence of these examples only helps. Many sellers were still holding these types of auctions, but they were not protecting themselves or being transparent with buyers. If something went wrong or the unexpected happened, the sellers would be held accountable.You have added all these good and bad examples, which were not there before, in order to better explain how somebody can auction a domain, which has a Buy Now price at another venue.
In that example, ten.com (the backup domain) cannot be sold elsewhere under any circumstances, because that is not defined in its terms. Since ten.com is not a domain name that can be sold elsewhere, according to the seller's terms, that means the seller must make sure it is not a possibility (remove its Buy-It-Now price from marketplaces, reject offers for it, etc.) until the auction is over. Sellers are responsible for failure to meet their commitments if they sell their backup domain(s) and are unable to meet their terms as a result.What happens if one.com and ten.com are both sold at Buy Now prices.
Sellers could avoid this awkward situation by removing their domains from other marketplaces before auctioning them. If this is not possible--don't auction them!--and list the domains in the NamePros marketplace as Make Offer instead.
Back in April, both of those sold at BIN, but the seller did not follow the proper BIN procedure (the first post was updated with the BIN but a new post was not made to notify everyone of it). We informed the seller of the correct procedure once it was brought to our attention. If it is reported to us promptly using the Report link underneath posts, then we can re-open the auction and make sure proper procedures are followed.And then there are auctions that had NO BIN but sold and closed without an explanation.
No bin auction, couple LLL.xyz domains that closed over night, bigger concern to me..
https://www.namepros.com/threads/sold.937858/#post-5457085
https://www.namepros.com/threads/sold.937859/#post-5457083
...
What happened here bigger offer came in, low bids and auction was closed.
Let's please keep this thread on topic.
It's their choice. If they don't state what will happen, then they must sell to the winner on NamePros no matter what. If they fail to sell to the high bidder on NamePros once the auction ends, then they will jeopardize their reputation and account on NamePros.@Eric Lyon shouldn't all auctions now place what they will do if they sell ?
Seems very complicated and potentially messy to me. And that's just one scenario.If one.com is sold elsewhere, then the winner will receive ten.com instead. If two.com is sold elsewhere, then it will be substituted for eleven.com and eleven.com will be awarded to the winner.
bidders time wasted bidding and researching a name they could never obtain.If a domain happens to sell on a different platform before the auction on NP ends then the seller should have the ability to cancel the NP auction. As long as this condition is stated before any bids are made what is the problem with this action?