Snapnames Question

[mws]

I was wondering and I am sure someone out there has the answer. I bid on a domain at snapnames and the high bidder has not paid. It has been over a week. I am the second highest bidder. What happens if they never receive payment from the high bidder ? And how long does it take for them to realize they are not going to get paid. I know they say the domain may be awarded to the second highest bidder if the high bidder does not pay. Any info would be appreciated. Thanks.

 

[JoshHendo]

I would expect that the top bidder will get bad feedback, and you will get it. I am expecting that is what will happen :D

 

[Kila]

I found this in their TOS:

SnapNames may, in our sole discretion, award the reclaimed domain name to the next highest bidder in the relevant auction and charge such bidder their highest bid amount, or make the domain name subject to a new auction among bidders determined by SnapNames.

Hope that answers some of your question.