I called Afternic today to try to understand the difference between Afternic and Godaddy Auctions fin 2025 and the woman who I spoke to did a very good job explaining things to me except how the starting bid prices and the Buy It Now prices are set on Godaddy Auctions. I'm hoping someone here can clarify a few things for me.
Premise: Godaddy Auctions in 2025 are for expired domains only. They can be won by the Highest bidder or bought directly via Buy It Now. Here are my questions.
1. What determines if a Domain can be bought via Buy It Now and how is the the Buy It Now Price determined? Was it the amount of money the original Domain Holder had it on sale for or is it the Dollar Amount Godaddy thinks it's worth? If the Buy It now item does not sell after X amount of days, does the price get lowered by Godaddy and by how much?
2. Is a domain that was not originally listed by the buyer with a Buy It Now Price then made an auction item instead of a Buy It Now Item? Who then determines the starting bid price and how is it determined? I'm assuming domains that did not have a sales price all go to auctions and domains that had a sale price become Buy It Now items. Is that correct?
3. Can the original owner of the expired domain then renew the Domain while bids are in progress but the auction hasn't ended? How about if someone has purchased the domain at the Buy It Now Price if the Domain has not been transferred? Can the the owner renew the domain that was now bought by the Buy It Now Purchaser but not yet transferred? If the Auction has ended and the Domain has noot been transferred can the original ownerstill renew the domain?
I'd appreciate your input as this was not made clear to me by Afternic, Thank you.
Premise: Godaddy Auctions in 2025 are for expired domains only. They can be won by the Highest bidder or bought directly via Buy It Now. Here are my questions.
1. What determines if a Domain can be bought via Buy It Now and how is the the Buy It Now Price determined? Was it the amount of money the original Domain Holder had it on sale for or is it the Dollar Amount Godaddy thinks it's worth? If the Buy It now item does not sell after X amount of days, does the price get lowered by Godaddy and by how much?
2. Is a domain that was not originally listed by the buyer with a Buy It Now Price then made an auction item instead of a Buy It Now Item? Who then determines the starting bid price and how is it determined? I'm assuming domains that did not have a sales price all go to auctions and domains that had a sale price become Buy It Now items. Is that correct?
3. Can the original owner of the expired domain then renew the Domain while bids are in progress but the auction hasn't ended? How about if someone has purchased the domain at the Buy It Now Price if the Domain has not been transferred? Can the the owner renew the domain that was now bought by the Buy It Now Purchaser but not yet transferred? If the Auction has ended and the Domain has noot been transferred can the original ownerstill renew the domain?
I'd appreciate your input as this was not made clear to me by Afternic, Thank you.
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