How do I delete a bid on a GD auction?

[opalxx]

Would be grateful if someone could give me the info on how to delete a bid on a GD auction. I cannot find anything in my bidding list that allows me to delete the bid. It only allows me to increase the bid. Many thanks..

 

[Ryman21]

Name an auction site where you can delete your bid once your agree to terms and submit a bid.

 

[teper]

i think u can't cancel a already placed bid at godaddy auction

 

[SmokinJoe24]

You raised your hand the only hope you have is someone else out biding you. If you don't want the name post it here someone might beat you out if the name is good.

 

[dnb8]

Call godaddy support.

 

[procanic]

You must honor your bid ,and even if you could somehow get out of it -You run the risk of getting banned From future auction sales. As mentioned above
You may even try promoting the sale to attract another bidder .And then you are off the hook.

Good luck.

 

[Name Trader]

You can erase a bid only if it's not an expiring domain auction but is an auction by an individual (usually with a time to expiry of more than 10 days). The time to wait before you can cancel your bid is about 4 days, iirc. Otherwise contact GoDaddy and see if they will accept your cancellation. Usually, if you bid in an expiry auction for a domain, then you have to pay if you win the auction. If you don't you will get suspended from using GoDaddy Auctions.

 

[humbug1s1k]

Name an auction site where you can delete your bid once your agree to terms and submit a bid.

you can cancel bids on ebay cant you.....im pretty sure.

 

[Domagon]

1. GoDaddy is NOT a licensed auctioneer.

2. Their so-called auctions there are NOT true auctions; bids are NOT legally binding and hence they don't enforce such sales.

Read GoDaddy's TOS ... GoDaddy, Sedo, and eBay, are all basically listing venues where one can list domains for sale.

To reiterate, they are NOT licensed auctioneers, the so-called auctions are more akin to "make offer" negotiations ...

This relates to your situation ... when you placed your bid, you essentially were making an offer ... it's not legally binding until the seller agrees to it.

And moreover, that you both need to have a "meeting of the minds", which in this case you don't, since you acknowledge making the "bid" in error; you do not agree to buy it at that price.

In short, all bids placed at venues, such as GoDaddy, Sedo, and eBay, are in effect just offers - not legally binding in and of themselves.

Contact GoDaddy and explain you made the offer in error and want it removed...

If GoDaddy doesn't do that, contact the seller directly and explain your "bid" is in error and is void - you could do nothing and renege on the sale, but that's bad form. Imho, in such situations, keep the seller in the loop so they don't get their hopes up on a sale that's not going to happen; seller may be able / willing to delete out the so-called bid from their end.

Ron

 

[Ms Domainer]

*

Your reputation is at stake.

If you win the auction, then do the honorable thing and fulfill the obligation that you have incurred.

Buyer's remorse is not a good excuse to renege on your bid.

IMO.

*

 

[Sparhawke]

I agree with Ms Domainer, though a lot of people do not regard a reputation to be a good thing in this business all you have is your reputation. It will make the difference between people buying your domains, and they certainly wont if you cannot be trusted to keep up your end of the bargain.

Same goes for underpricing, always honor your agreements instead of changing it as whims strike you.

A 100% positive buyer profile is not that hard to achieve or maintain and it will open doors whereas even a minor blemish or a really bad review will pretty much kill you dead.

 

[Ryman21]

He's probably talking about an expired domain auction people. So no "reputation" is at stake. If you win an expired auction and don't pay within 3 days they shut down your auction account until you pay a fee. Once you pay the fee you get your auction account back but you get a strike on your account. Once you have 3 strikes your done for good.

 

[Sparhawke]

It matters not whether it is expired, for np$, dollars or rainbow moonbeams.

Once people get to know that you are very likely to pull your bid every five minutes or simply decide that you are not going to pay then you end up not getting anywhere.

Once you make a bid then the only honorable thing to do is honor it.

A bid to buy, regardless of definition of what an auction is is to put up your hand and state that you will pay that price if yours is the winning bid. Once you have people who basically decide to say "bollocks to that" then you have chaos.

Auction houses should be held to sell what they put up for bid and people should be held to buy too.

 

[TheBaldOne]

I rarely post at the moment due to work load, but this is a subject that keeps cropping up in one shape or another, and as always there is one and only one solution, you must complete.

If you are a buyer and make a bid or an offer then you are bound by your word to complete on a winning bid or accepted offer! Rare are the times when this would not be so, acceptable examples 'might be':

- where incorrect information about the domain/website are given by the seller;
- the possibility having been identified that the 'seller' is not the legitimate owner;
- where evidence of previous deals suggests the seller may not complete by transferring the domain upon payment.

Of course there are obviously times when life twists a knife in the stomach, such things by their very nature are unforeseeable, then under such circumstances it may not be possible to complete a deal because of circumstances beyond your control. In this kind of event one should immediately contact the vendor and explain openly the reasons and hope they accept the situation is authentic, under such circumstances most vendors will cancel a deal with no hard feelings. However, the more respected your word is the greater the chance of success, because in this business more than nearly any other we rely on reputation, for most of us never physically meet.

Opalxx, please contact GD and ask if they would allow you to withdraw your bid this time, they may do, but please in future only bid or make an offer if you will honour such, and this request is echoed to all members. An old saying I was taught as a boy is as true today as it ever has been:

'A man's value can be measured by the weight of his good reputation, as it is the hardest thing to earn and the easiest thing to lose. Those of the greatest worth guard their reputation with great jealously.'

 

[Billidn]

Might be worth posting on a few forums and see if someone else might bid on the name and get you off the hook.

 

[Ralph2472]

bid

I think you should complete the deal if you are the winning bidder.
As previously mentioned, someone may outbid you and put you in the clear.
I see you have a negative review here for the same thing.
If you bid for something, you should be prepared to honour that bid.
It's hard to get a good reputation; but so easy to get a bad one.

Regards

Ralph.

 

[Domagon]

Auction houses should be held to sell what they put up for bid and people should be held to buy too.

The problem is that GoDaddy, eBay, Sedo, etc are NOT auction houses. And hence is a big reason they do little to nothing to enforce sales.

Reputation matters in domaining and so most domainers, including myself, follow through on deals ...

With that said, the OP situation appears to be edge case in which there doesn't appear to be a "meeting of the minds" due to a mistake / computer error ...

How one handles that depends ... if, hypothetically, the OP mistakenly bid $500 instead of say $100, that may be a situation in which, despite the extra cost, the buyer should follow-through anyways to maintain their reputation.

However, if the difference is significant, such as mistakenly bidding $10,000 instead of $100 that may be, depending on the buyer's budget / income, a situation in which backing out and taking a reputation hit is the only realistic, viable option.

Ron

 

[symboldomain]

With that said, the OP situation appears to be edge case in which there doesn't appear to be a "meeting of the minds" due to a mistake / computer error ...

Unless the OP wishes to chime in with further info, I think we can assume this to be a simple case of them wishing to renege on a purchase.

I don't know about you, but that's enough for me to never want to have any dealings with them in the future...

Cheers,

 

[Sparhawke]

The problem is that GoDaddy, eBay, Sedo, etc are NOT auction houses. And hence is a big reason they do little to nothing to enforce sales.

Reputation matters in domaining and so most domainers, including myself, follow through on deals ...

With that said, the OP situation appears to be edge case in which there doesn't appear to be a "meeting of the minds" due to a mistake / computer error ...

How one handles that depends ... if, hypothetically, the OP mistakenly bid $500 instead of say $100, that may be a situation in which, despite the extra cost, the buyer should follow-through anyways to maintain their reputation.

However, if the difference is significant, such as mistakenly bidding $10,000 instead of $100 that may be, depending on the buyer's budget / income, a situation in which backing out and taking a reputation hit is the only realistic, viable option.

Ron

I agree that a bid like that can be disastrous and many people will accept that it is a mistake if all they are getting is $1 increments and then suddenly a $10,000 bid comes in lol

However, since this was not mentioned in the opening post I tend to not think this is the case this time

 

[opalxx]

Many thanks for all of your much varied and individual opinions on this matter. Most helpful. I would have of course accepted that i slipped up and would have honoured my mistake and never had the slightest thought of renegging on the bid.

To clarify, i asked this as a "technical" question because i first tried to find a way of lowering a bid and then when this wasn't an option i was hoping i could cancel the bid and redo it with an updated offer.