advice Happy to get a bid, but not sure what to do now

[Steve Bowler]

I finally got a bid each on two of my domains in godaddy auction.
The bids are only starting bids (I hope) as after costs I would be losing on them

I got a mail asking whether to accept or push to auction,
I'm not accepting, not even sure I want to push to auction
I think I could of done that in the first place, couldn't I?

So what do I do? just wait for more bids?

Or do i have to choose accept or push,
the email is not clear on this.

oh yes, the auction is offer/counter offer and got 70+ days left to run, no BIN.

Any advice appreciated thanks,

 

[DMitchell]

Hi Steve

If you have your domain on the 90 day offer/counter offer option, then you have an offer, not a bid, and accepting will mean you're accepting that amount as the final sale price, which you don't want to do. Pushing to auction will place your domain on a 7 day auction with the offer as the starting bid.
If your domain is in fact on auction, and not offer/counter offer, you need to accept the bid, not accepting any bids is the equivalent of having 0 bids.

I hope this helps.

 

[Fliporium]

Hi Steve

If you have your domain on the 90 day offer/counter offer option, then you have an offer, not a bid, and accepting will mean you're accepting that amount as the final sale price, which you don't want to do. Pushing to auction will place your domain on a 7 day auction with the offer as the starting bid.
If your domain is in fact on auction, and not offer/counter offer, you need to accept the bid, not accepting any bids is the equivalent of having 0 bids.

I hope this helps.

Is that suspect? I mean does the email that OP received indicate that someone wants to get the domain at a better price by not letting it get more attention with more time in offer/counter auction?

 

[DMitchell]

Is that suspect? I mean does the email that OP received indicate that someone wants to get the domain at a better price by not letting it get more attention with more time in offer/counter auction?

For offer/counter offer it would be standard procedure, basically putting you domain on offer/counter is like saying "My perfect.com domain is for sale, make me an offer and we can negotiate". So the potential buyer has make an offer, the OP must propose a counter offer, accept the offer, or push the domain to auction with the offer as the opening bid.

 

[Steve Bowler]

@DMitchell
hey thanks for clearing that up, if only godaddy sent a text like that instead of the gobbledegook they do send it wouldn't be such a steep learning curve, thanks guys. I'm going to push to auction.

I also have these domains on BIN on Ebay, where there is some interest watchers\views with 5 days to run, does anyone think I should drop the ebay listings for now in case it sells twice and someone gets dissapointed?

 

[DMitchell]

I also have these domains on BIN on Ebay, where there is some interest watchers\views with 5 days to run, does anyone think I should drop the ebay listings for now in case it sells twice and someone gets dissapointed?

Yes you should cancel your EBay listings if you push to auction, you don't want to get into a situation where you've sold the same domain to 2 separate buyers and get banned or poorly rated on either platform.
I think it's in GoDaddy's Ts&Cs that you can't be selling your domains elsewhere while they're in auction on GoDaddy.

 

[Steve Bowler]

oops, thanks for the valuable advice.