GoDaddy make offer vs auction

[NetworkPearl]

Hello I have a domain which got the highest bid of around 3000.00$ on GoDaddy with over 1k+ views and many bids.

The domain was expired but has been renewed.Now I want to sell the domain and would be happy with anything above 3K $.

I'm looking to sell it in 10 days, should I choose the 7 day auction(with reserve) or make offer with homepage upgrade?

 

[Name Trader]

Why didn't the sale complete? Wanting to sell in a 7 day auction with a minimum of $3k offer doesn't sound feaseable to me, unless $3k is decidedly cheap for this domain. Which probably means a 1 word .com domain.

 

[alcy]

i think he's saying his domain went to expired auctions, then he saw ti got tons of bids and renwed it. now wants to repeat sale process and get tons of bids again

not cool. I hope gd one day fixes this bs.

if I misunderstood of course I apologize to op. cheers.

 

[trp3]

i think he's saying his domain went to expired auctions, then he saw ti got tons of bids and renwed it. now wants to repeat sale process and get tons of bids again

not cool. I hope gd one day fixes this bs.

if I misunderstood of course I apologize to op. cheers.

You can just renew it when you see it has bids on it while it is expired? Seriouslee?

 

[alcy]

You can just renew it when you see it has bids on it while it is expired? Seriouslee?

yep
that is exactly what u can do.
apparently no one at godaddy finds this unbeliavable and disgraceful enough to fix it.

 

[Haris]

@alcy This does not happen at GD only, other registrars with marketplaces do the same as far as I know.

 

[alcy]

@alcy This does not happen at GD only, other registrars with marketplaces do the same as far as I know.

that's possible. they account for such tiny proportions of sales compared to goaddy, that I did not even consider or notice that.

it's a really unfortunate thing for people who bid on those auctions.

 

[NetworkPearl]

Why didn't the sale complete? Wanting to sell in a 7 day auction with a minimum of $3k offer doesn't sound feaseable to me, unless $3k is decidedly cheap for this domain. Which probably means a 1 word .com domain.

It was an expired auction the domain was renewed then.

 

[NetworkPearl]

i think he's saying his domain went to expired auctions, then he saw ti got tons of bids and renwed it. now wants to repeat sale process and get tons of bids again

not cool. I hope gd one day fixes this bs.

if I misunderstood of course I apologize to op. cheers.

You're right .It got many bidders at that time but now only 1 bidder .

 

[Name Trader]

i think he's saying his domain went to expired auctions, then he saw ti got tons of bids and renwed it. now wants to repeat sale process and get tons of bids again

not cool. I hope gd one day fixes this bs.

if I misunderstood of course I apologize to op. cheers.

OK. Got it. Must have been a brain blip

 

[Michael Seatory]

I agree that this situation is really unfortunate for anyone bidding on the domain. Its happened to me twice so far, or at least I presume that was the reason for GD issuing a refund. With one of the names I received an email stating that the owner renewing was the reason. However, the second time it happened no explanation was given and I did not ask for one.

I wonder... How many domainers use this as a tactic to determine whether a name has value and if it is worth renewing or dropping?

 

[Name Trader]

yep
that is exactly what u can do.
apparently no one at godaddy finds this unbeliavable and disgraceful enough to fix it.

I kinda have the opposite opinion on this. ICANN says you should have 45 days to renew. GoDaddy gives you 42 days. Much more than any other registrar which auctions expiring domains. I respect GoDaddy's opinion in respecting the original owners rights. It's the auctions which are f* up. Always was. Which is why other registers trample all over the original owners right, and GoDaddy does also by 3 days (but I can live with live with that).

Expiring Domain Auctions were not on the landscape when ICANN set the life of domain rules. I expect ICANN will resolve this by giving a register maybe a 5 day window for the registrar to auction domains, should they ever decide to change those rules. But I'm not confident they are prepared to give the registrar this extra time to legitimately take over the ownership of a domain which just happens to be registered at a particular registrar.

Owning domains isn't legitimate for a registrar. It is competing directly with their customers. Remember all the who-ha about front-running?

That 5 day window would satisfy the registrars and solve all complaints about auctions (either at GoDaddy by being able to renew auction domains, or at other registrars who steal the rights of original registrants to renew their domains).

I'm actually against registrars owning domains. Full stop.

 

[Name Trader]

I agree that this situation is really unfortunate for anyone bidding on the domain. Its happened to me twice so far, or at least I presume that was the reason for GD issuing a refund. With one of the names I received an email stating that the owner renewing was the reason. However, the second time it happened no explanation was given and I did not ask for one.

I wonder... How many domainers use this as a tactic to determine whether a name has value and if it is worth renewing or dropping?

Quite a few Domainers . General Public, very few.