TDNAM question I need answered?? Thanks

[gilescoley]

Just curious on the auctions on TDNAM, I have bought a few names and its always worked out and the names have eventually been pushed to me after payment.


I have a bid $10 on a name and it says 8 hours left in the auction. I think the name is worth a lot more, if no-one else bids, I presume I win and the name is legally mine. What happens if the buyer doesnt want to sell the name at that price?? If someone lists a name and forgets about it and its doesnt have a reserve price and I bid $10 and no other bidders come along, I presume he is entitled to push the name to me after payment.

Just wondering if its too good to be true, am I missing something??
Will TDNAM persue the person for the domain on my behalf??

Thanks, any help is appreciated

 

[-REECE-]

That's correct. Of course some sellers refuse to transfer, just like they do at most venues, however let's think positive and remember most sellers would rather eat a loss than damage their reputation.

I wouldn't recommend providing any more info or you're going to have people searching TDNAM looking for the underpriced name.

Hope you win!

Just curious on the auctions on TDNAM, I have bought a few names and its always worked out and the names have eventually been pushed to me after payment.


I have a bid $10 on a name and it says 8 hours left in the auction. I think the name is worth a lot more, if no-one else bids, I presume I win and the name is legally mine. What happens if the buyer doesnt want to sell the name at that price?? If someone lists a name and forgets about it and its doesnt have a reserve price and I bid $10 and no other bidders come along, I presume he is entitled to push the name to me after payment.

Just wondering if its too good to be true, am I missing something??
Will TDNAM persue the person for the domain on my behalf??

Thanks, any help is appreciated

 

[gilescoley]

Thanks Reece, appreciate your help

 

[wussadotcom]

Never had any problem with tdname. Maybe because the domain are at Godaddy so they are binding to selling it at tdname after they listed it eventhough sold for cheap.

 

[gilescoley]

THanks all for the comments

 

[gilescoley]

What if there is an "Asking price" on the name that is much higher than my bid?? If I dont hear from the seller or get any counter offers, do I win the name when the time runs out??

 

[maxeaus]

Ok, now i think you will find that the seller wont sell it if they have a high asking/ BIN. They take bids and offers, but i dont think there is any obligation to sell it for a $10 bid.

 

[gilescoley]

Ok, now i think you will find that the seller wont sell it if they have a high asking/ BIN. They take bids and offers, but i dont think there is any obligation to sell it for a $10 bid.

Thanks Maxeaus


Oh ok, thats is what I am really asking, if they have this for instance

Current Asking Price: $100,000
Minimum Offer Amount: $50

and I bid $50 and there are no more bids and the auction expires. I theoretically win the auction. So if I win the auction and it appears in my "Won" area, its best not to pay for

a bit silly really, their asking price should then be the starting bid