question How Can Seller know the proxy bid or Maximum Bid when a reserve price is kept?

[Siddharth Shankar]

As a seller, I placed a domain in the GoDaddy auction and kept the reserve price as 3000$.
Now a bidder 1 has placed 1000$ proxy bid on the auction. Godaddy shows the current bid price as 25$
Now only if bidder 2 places more than 1000$ the current bid becomes 1025$. Otherwise, let's say
If bidder 2 places 500$ a proxy bid, he will get outbid by bidder 1 (as he kept 1000$ a proxy bid) and now the current bid becomes 550$.

My question is how can the buyers know the actual reserve price of the domain if no one comes into the competition as the current bid is always the lowest possible number. And as a seller how can we know if the proxy bid met the reserve bid or not as GoDaddy shows only the least possible bid on the domain.

Eg: if there is only 1 bidder and placed 3500$ directly it still shows 25$ as there is no competition but we don't sell the domain if it won't touch the reserve price and as a seller how can we know if the bidder has placed bid above the reserve price or not, As it only shows 25$.

 

[biggie]

Hi

if, bidding starts at $25 and i proxy bid for 5000

then it should only show $25, until another person bids higher or has also put in proxy for higher amount.
as the seller, you have no right to see the buyers budget or the initial amount of the proxy bid.

if the name sells above reserve, but less than highest proxy bid,
from buyers perspective, you don't need to know how much i would have paid.

imo...