Flippa auction rules changes

[koskov]

Just saw this article posted at DomainGang. Sounds like good news

Kevin Fink, director at Flippa, stepped in and delivered his personal and corporate thoughts, promising that Flippa listens and that there are changes coming.

Fink’s approach covered pending issues, delivering the following points. Note: Some of Kevin Fink’s statements were rewritten here for reasons of legibility but the context was retained.

• Domain auctions : Should default to auto-accept all bidders. If a seller wishes to manually accept, they can toggle this in their listing settings. Website and app auctions will remain defaulted to manually accept bidders.
• Pending bids: Bids decided post-auction will be a thing of the past. This change will kill the instance of a bid being accepted *after* the end of an auction.
• Extension time : The 60 minute extension time for an auction is being reviewed. A 5 minute extension time seems more logical to have.
• BIN auctions : When you click “Buy it Now,” it means “BUY IT NOW” ! The rule of a seller being able to *reject* a BIN offer rides off into the sunset. A reject on a BIN basically means…it’s not a BIN.
• User Verification & Bidder Aliases : The former will be completely redone, in order to improve how new users are accepted and verified. A publicly visible “score” or marker of sorts, that shows the transacting party just how “verified” they are is under consideration. Having a bidding alias is one such step a buyer or seller can complete to become further “verified.”
• Employee Involvement Clarifications: It’s a feature arriving very soon.
  
  Copyright DomainGang.com: http://domaingang.com/domain-news/flippa-get-ready-for-some-auction-rule-changes-says-kevin-fink/

 

[alcy]

hope you add buynow to your slae landers.
thanks

 

[Abdillahi Abdillahi]

Good changes... When will they be rolled out? Bid alliases and the employee feature are very important

 

[HCFree1]

I think these will be good changes when implemented.

 

[Haroon Basha]

They should reduce the listing fees of $ 9 to $ 5 and extend three Free Re-listings instead of present one.

 

[solarix]

BIN auctions : When you click “Buy it Now,” it means “BUY IT NOW” ! The rule of a seller being able to *reject* a BIN offer rides off into the sunset. A reject on a BIN basically means…it’s not a BIN.

Good news. This was extremely irritating.