discuss Crap I just bid on a domain I did not want!!

[MapleDots]

HeHe

So it's late for me, have not eaten and have a bit of a sugar low. I see this domain for sale on GoDaddy and it's actually pretty sweet. Starting bid was quite reasonable and I figured it was way too low for a premium domain so I wanted the seller to think I was serious.

So guess what.... I bid twice the opening bid amount and felt pretty good that I had a chance the offer would get accepted.

Then..... a wave of something overcame me and I went to dictionary.com and sure enough I had a misspell on my hands, the domain had an extra letter that did not belong.

CRAP

So there I sit looking at the domain name trying to justify how I could possibly put it to use. No matter how I flipped it I figured I just wasted some good money. The owner of the domain would surely be accepting my offer.

Almost an hour to the T the seller came back with a counter for a couple hundred bucks more than my double sized offer.

HeHeHe.... I just chuckled to myself. The guy had a solid offer on a misspell and got greedy, he had to ask another couple hundred bucks. Well, that lets me of the hook, now I can go spend the money on something I actually want.

Lesson to seller: If you have a misspell that is close to the real word there is a chance the bidder did not realize it was a misspell. If you counter, you let him off the hook.

Think about accepting the bid on a misspell because you might not get a second bid when the guy on the other end realizes its a misspell.


So how was your day

 

[BaileyUK]

You sure it was due to a 'Sugar low' or more like a 'Beer-high' I still cant understand people in our game getting spelling wrong. sure if it's UK or USA variant but that's about it

 

[MapleDots]

You sure it was due to a 'Sugar low' or more like a 'Beer-high' I still cant understand people in our game getting spelling wrong. sure if it's UK or USA variant but that's about it

Oh trust me I am really good at this but in this case the misspell is commonly used but not the official spelling. That is why I looked again and double checked. Main point being though, I would have honored my obligation but I sure as heck did not want the domain. The seller let me off the hook for a couple hundred counter offer.

 

[BaileyUK]

Get ready for all the desperate "acceptance emails"

 

[BrandMart]

Show attachment 83683
HeHe

So it's late for me, have not eaten and have a bit of a sugar low. I see this domain for sale on GoDaddy and it's actually pretty sweet. Starting bid was quite reasonable and I figured it was way too low for a premium domain so I wanted the seller to think I was serious.

So guess what.... I bid twice the opening bid amount and felt pretty good that I had a chance the offer would get accepted.

Then..... a wave of something overcame me and I went to dictionary.com and sure enough I had a misspell on my hands, the domain had an extra letter that did not belong.

CRAP

So there I sit looking at the domain name trying to justify how I could possibly put it to use. No matter how I flipped it I figured I just wasted some good money. The owner of the domain would surely be accepting my offer.

Almost an hour to the T the seller came back with a counter for a couple hundred bucks more than my double sized offer.

HeHeHe.... I just chuckled to myself. The guy had a solid offer on a misspell and got greedy, he had to ask another couple hundred bucks. Well, that lets me of the hook, now I can go spend the money on something I actually want.

Lesson to seller: If you have a misspell that is close to the real word there is a chance the bidder did not realize it was a misspell. If you counter, you let him off the hook.

Think about accepting the bid on a misspell because you might not get a second bid when the guy on the other end realizes its a misspell.

So how was your day

Wicked Maple at work , got off the hook..

 

[bmugford]

Almost an hour to the T the seller came back with a counter for a couple hundred bucks more than my double sized offer.

HeHeHe.... I just chuckled to myself. The guy had a solid offer on a misspell and got greedy, he had to ask another couple hundred bucks. Well, that lets me of the hook, now I can go spend the money on something I actually want.

Not necessarily. Unless GoDaddy changed their system recently, the original offer is binding for a week even if the seller countered. I have countered before, then accepted the original offer after a few days if it is close enough.

Brad

 

[MapleDots]

Not necessarily. Unless GoDaddy changed their system recently, the original offer is binding for a week even if the seller countered. I have countered before, then accepted the original offer after a few days if it is close enough.

Brad

Hmm, I'm pretty sure that's not the case, in auctions you either accept or not.

This bears some investigation

 

[MapleDots]

OK, here are the sedo rules....

Now I just have to find the godaddy ones

 

[bmugford]

I am not sure what the rules are, but it does work unless they changed their system recently.

Brad

 

[BaileyUK]

Well you said it was a Godaddy listing, maybe you'll get the time-out
7 days is a long time to keep your fingers crossed

 

[MapleDots]

You bring up a good point though Brad

I found this in their forums....

 

[BaileyUK]

Best to go to Godaddy's terms and conditions for a straight answer

 

[MapleDots]

Best to go to Godaddy's terms and conditions for a straight answer

Try as I may, I have not been able to find the answer, I naturally assumed it was the same as at Sedo and other places.

The bid was not accepted the seller asked me for more, anywhere else that's it.

Does GoDaddy have it's own rule for this?

 

[domainventure]

As Brad said, the offer is binding for 7 days irrespective of what you counter it with. I has a similar scenario. I got an offer, asked for more, no response from buyer, on day 7, I just went ahead and accepted the original offer. The transaction moved to "sale pending, waiting for buyer....."

You are off the hook only when the accept/push to auction buttons are gone, IMO

 

[MapleDots]

HeHeHe

Then I might just be a proud papa

So the the lesson might be on me.....

Don't bid on domains when its late, and you are in a sugar low

 

[SuperNames]

Brad is correct.

The seller can still accept the original offer up to x amount of days from the date of offer (I think 7-10 days); even after he has countered your original offer (seller can send numerous counters) he can elect to accept your lodged offer anytime up until the expiration date published.

 

[MapleDots]

So it bears the question....

Who's system is technically correct?

Sedo or Godaddy?

Sedo makes that term perfectly clear, the counter offer cancels the bid.
I have still not been able to find the explanation on Godaddy official pages, other than in the forum.

 

[johname]

Godaddy says "You can accept or decline any counter offer."

"Any" would be any offer not time expired

https://www.godaddy.com/help/responding-to-offers-when-buying-domain-names-931

 

[MapleDots]

Godaddy says "You can accept or decline any counter offer."

"Any" would be any offer not time expired

https://www.godaddy.com/help/responding-to-offers-when-buying-domain-names-931

It's still not crystal clear though because it says I can decline the counter offer, it does not specifically mention the initial offer the way it is clearly spelled out at sedo.

 

[MapleDots]

Here is the statement from godaddy...

It can be interpreted either way