milesd8888
New Member
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Hi,
I'm watching a few expired domains on GoDaddy's Auction that I REALLY want to win.
I'm prepared to pay big money for them $10k+ , but right now they are only at $10.
I want to confirm that if I place a bid, it is automatically treated as a PROXY bid, and that I will only have to pay the next multiple above the highest bidder as long as it is less than $10k.
In other words, if I place a $10,000 bid, and someone else bids $75, then I will only have to pay $85, not the full $10,000, correct?
I want to win, but not shoot myself in the foot!
Thank you,
Miles.
I'm watching a few expired domains on GoDaddy's Auction that I REALLY want to win.
I'm prepared to pay big money for them $10k+ , but right now they are only at $10.
I want to confirm that if I place a bid, it is automatically treated as a PROXY bid, and that I will only have to pay the next multiple above the highest bidder as long as it is less than $10k.
In other words, if I place a $10,000 bid, and someone else bids $75, then I will only have to pay $85, not the full $10,000, correct?
I want to win, but not shoot myself in the foot!
Thank you,
Miles.