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SAV auctions advice: DON'T BID against user s_n...

Located in Domain Registrar Reviews, started by HDmarketing, Jun 29, 2020

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  1. Nick R

    Nick R VIP Member VIP

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    Here are all the details: https://www.sav.com/backordering
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Lord Antares

    Lord Antares Top Contributor VIP

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    What are the odds that the winner of the domain also pointed the nameservers to DAN.com WITHOUT listing the domain, which gives you the same exact error page as in your hypothesis? And that's without any changes in between. As far as I've seen (from every time I've visited during that time period), the domain has been consistently pointing to the DAN misconfigured page since September 19.

    So the cache error would need to have been constant until September 23 at which point the winner would have actually misconfigured his DAN lander, blending the two together. Some wicked coincidence.
     
  3. Nick R

    Nick R VIP Member VIP

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    A wicked coincidence indeed!
     
  4. Recons.Com

    Recons.Com Top Contributor VIP

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    A vile coincidence ;)
     
  5. Recons.Com

    Recons.Com Top Contributor VIP

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    A hypothetical unethical situation:

    Ideally they want 1+ people backordering. Given this thread, what would stop them having a guy placing backorder on a backordered name and turning it into auction?

    As an investor, it is in your best interest to seek only the platforms that take only ONE order per name.
     
  6. Nick R

    Nick R VIP Member VIP

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    We do have a very strict policy preventing anyone who works at Sav from placing any bids or backorders on any domains at Sav.
     
  7. Rich

    Rich Top Contributor VIP ★★★★★★★★★★

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    Know of any decent ones? The now defunct domain monster has only caught one or two over the years and not a single nab from name.com
    namedotfail.png
     
  8. Recons.Com

    Recons.Com Top Contributor VIP

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    Are they as "strict" and "innovative" as your auction policies? Remember when a guy could drive multiple auction prices up and did not have to pay if he accidentally won? Remember SAV "awarding" the name to the poor second bidder at fake bid minus a dollar? Remember instead of then doing the right thing and giving it to second bidder at the price that he would have paid without the shill bidder, you just cancelled the auctions and "restarted" them?
     
  9. Recons.Com

    Recons.Com Top Contributor VIP

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    Not a good advisor here, but if it is a name many are after, SAV has little chance of getting it, as Dropcatch/HD have hundreds of registrars trying to snipe it, plus many others. If it is not something others thought of, you are better off not giving your idea to SAV and just trying to snipe it using the desktop catcher promoted somewhere on this forum.
     
  10. Nick R

    Nick R VIP Member VIP

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    @Recons.Com It sounds like you still have some questions about Sav and thats OK. I would be happy to setup a call between the two of us and go over any lingering concerns or questions. If you are interested, just DM me you contact details and we can setup a time to talk.
     
  11. pinkdragon

    pinkdragon Established Member

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    There is one thing I don't understand. There are currently 2 names on auction:

    meyer(.)co - the first (and only bid) is $599.95
    goa(.)co - the first bid is $599.95

    They are great names, but why someone will place a $599 bid, as the first bid? Why not 20, or 50? To keep the competition away maybe? Maybe it is a proxy bid?

    Anyway, if you read their "How Auctions Work" page, you'll see something funny (or not):

    10. Sav reserves the right to modify these rules at any time for any reason.
     
  12. Lord Antares

    Lord Antares Top Contributor VIP

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    It appears that those are user auctions. The owner could have technically set that as the starting bid. Although I don't know if anyone legit would pay $600 for meyer.co
    It can't be a proxy bid because, well, the bid would be $1, not $599

    As for the last part, I was looking at that yesterday, about to post it here. But it think it may be a misinterpretation. I think they just mean they can permanently change one of those rules in the future, not that they can act in any way they want in existing auctions.
     
  13. pinkdragon

    pinkdragon Established Member

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    On mobile I can't see any data, but on desktop, both names I'm talking about are labeled as "Pending Delete".

    As far as I can see on desktop, auction types are:

    1. Pending Delete
    2 . Exclusive Expiring
    3. Customer
     
  14. Lord Antares

    Lord Antares Top Contributor VIP

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    Weird. On my phone, it says the following for the two domains:

    However, this is false. Whois says that this domain dropped and is now owned by Sav.com. So I guess it was caught by Sav.

    BUT:

    So backorder auction start at $1. So someone did go ahead and bid $600 as the starting bid. HOWEVER again:

    So this is impossible. If someone entered $599, the bid displayed would be $1 seeing how sav accepts proxy bids.

    Conclusion: more things that make no sense.
     
  15. Nick R

    Nick R VIP Member VIP

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    Both of those domain names are registry premium domains which means the registry has set a higher price to register those specific domains. All Pending Delete auctions are domains caught via Backorder where multiple users placed a backorder on the domain. The starting bid is a the registration cost, which is higher for some domains depending on the registry.
     
  16. Recons.Com

    Recons.Com Top Contributor VIP

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    Registry premium dotco are $129, no?
     
  17. NameDeck

    NameDeck Top Contributor VIP

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    Not all. They have multiple tiers of premiums, starting around $120.
     
  18. Nick R

    Nick R VIP Member VIP

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    Correct. While it varies from registry to registry, .CO has over 10 pricing tiers that range from the hundreds to the thousands depending on the domain.
     
  19. Lord Antares

    Lord Antares Top Contributor VIP

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    I'd love to bid on SAV auctions but I simply don't trust the platform. I've read that you charge money for every bid input into the auction and that there are also 120 day registrar locks which you can bypass by uploading ID. Nothing about this says user friendly.
     
  20. Nick R

    Nick R VIP Member VIP

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    Hey @Lord Antares

    From time to time threads on NP regarding tend to remind me of a scene from one my favorite movies so I understand the hesitation.



    However, I am happy to clear up these, and any other concerns people have:

    Charge money to bid: For new bidders, we do preauth their credit for bids entered to ensure they have the funds to complete the auction should they be the high bidder. Once a user wins a few auctions without a payment issue, this automatically stops.

    Locks: We did previously put a 120 transfer lock on domains bought via auctions but thanks to feedback from NP this was reduced to 60 days a few months ago. If the domain has to be transferred in, or it was just caught via backorder there is a 60 day ICANN lock on it anyways so it rarely effects anything.

    If you have any remaining questions, I would be happy to setup a time for us to talk directly to go over them. Just DM me and we can setup a time this week.
     
    Last edited: Sep 28, 2020
  21. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    My only issue is that you can't start an auction without a start price and all auctions start at $1.
    I would like the flexibility of setting a start price.

    Other than that I have sold domains with no issues.
    I have drop catched domains with no issues

    When multiple people backorder, they go to an action just like any other auction platform.

    While SAV might not be the fast drop catcher, you can backorder a .com for 6.95 and .net for 4.49

    .co back orders are also 4.88

    For registry premium they are 99 (The ones that are 120 reg premium is 99 on SAV), I caught tyne.co for 99 yesterday

    There are a ton of issues, and all they need is to hire few more programmers.
    So many projects in the pipeline with no timeline.

    I like SAV and i wish well, but comeon Nick, you have not rolled out anything new in months.
     
  22. Nick R

    Nick R VIP Member VIP

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    Our auction platform is designed to sell domains at their true market value, which is determined by the bidders on the platform and, is why all Premium Auctions start at $1 (or $1 plus their transfer in cost). However, we do offer multiple options to sell domains! If there is a fixed price you want to sell the domain for, you can list it as a Buy Now listing with a fixed price.

    Regarding the size of our ToDo Pipeline - we could not agree more! We just are a small team now but are actually interviewing more developers as we speak! If you know any good Python developers in Chicago, please send them to Sav.com and click the Careers link in the footer to apply.
     
  23. Nick R

    Nick R VIP Member VIP

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    Hello Everyone,

    We are finding that we are answering a lot great questions within a ton of different threads, which makes it really had for people to find those in the future. To try to simplify this, we made a Sav Official thread within NP. If anyone has any other questions, please ask them in our Sav Official thread to help us consolidate everything in one spot. https://www.namepros.com/threads/sav-official-thread.1202323/page-3

    Thanks!
    Nick
     

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