Winning GoDaddy Auctions When You're NOT the Highest Bidder

[Ms Domainer]

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IMPORTANT: If you are bidding on Godaddy auctions, be sure to keep up on your auctions, even if you are not winning them, BECAUSE...

If you are the second-highest bidder in a closed Godaddy auction, you may end up being the winning bidder; this can happen when the highest bidder fails to pay.

This just happened to me, with a 3-character .com.

I'm quite happy, of course, because I ended up paying only high $XX, including the reg fee (for which I used a coupon, thanks to Namepros :hearts.

BUT I'm telling you this because I hadn't checked my email or auction account for a few days (too busy preparing for and fretting about GREAT BIG BAD Irene, ha!), and I could have lost the domain to another bidder! (There were 18 bids, 6 or 7 bidders, if you count the non-payer).

So do keep on top of your auctions even if you decide not to place a higher bid or think you don't have the highest bid.

As soon as the name is safely tucked into my account, I'll reveal it. It's not a top quality 3-character, but I have not been able to even get a whiff of a ccc dot com, let alone buy one.




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[DU]

It's also a tactic if you have multiple accounts I guess.

How does one get involved in a closed GoDaddy auction? //Excuse my noobiness.

 

[lll]

that's pretty awesome, congrats Ms. D

 

[RevolutionaryDomains]

Congrats on your auction win, and thanks for sharing the info.

I don't want to hijack your thread, but kind of along similar lines, I recently won a GoDaddy auction and got busy with work and was unable to log on for a couple of days. Come to find out when I finally logged on, not only did I win the auction, but GoDaddy had already automatically charged my Paypal account, which I have on file with them. Not entirely sure if this is good or bad at this point.

I was happy to have won the auction, but was a tad concerned they just picked which payment method to use and took it upon themselves make the purchase. I suppose it keeps them from having to find a secondary buyer (or the second highest bidder) if they are able to automatically charge the winner's CC or PP account.


-Regards

 

[Ms Domainer]

It's also a tactic if you have multiple accounts I guess.

How does one get involved in a closed GoDaddy auction? //Excuse my noobiness.

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It wasn't a closed auction, which is why I was surprised that GD didn't simply re-auction the name.

On the other hand, the highest bidder bid low xxx. My highest bid was $5.00 lower (also xxx), but when the bidder didn't pay for the name, they took my highest bid minus any bids I made in response to the highest bidder's bids, which, in my book, is the right way to do it.

I saw the domain name on a list on one of the domain blogs and simply bid on it. When my limit had been exceeded, I stopped bidding, so I assumed I wouldn't be getting the domain.

It's still not a done deal; until that domain reaches my account, the original owner can still redeem it.

If that happens, it happens, and I'll move on.

In my book, the only "noob" questions are those that remain unasked. In this biz, I learn something new every day, so it's never silly to ask questions, and I seem to ask them a lot.



As far as I know, GoDaddy no longer offers exclusive backorders, so a closed auction might occur between multiple backorders, although I have heard (not verified) that GD will open up backorder auctions to the public if the domain is high value and money can be made. (NOT cool, since customers PAY to backorder!).

Clarification: I meant ENDED auction, not closed (as I said in my original post), which means exclusive. Sorry for the confusion, defaultuser.

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[DU]

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Clarification: I meant ENDED auction, not closed (as I said in my original post), which means exclusive. Sorry for the confusion, defaultuser.

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I can read it that way now It makes perfect sense too... English is complicated when one word means two things.

 

[Ms Domainer]

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Sad ending:

By the time I paid for the domain, it had already been awarded to the third highest bidder.



My rep said that I should have never been able to pay for the auction, that there is a glitch in the system. But I will be getting a refund.

So someone got a great deal, just not me!

I guess this has turned out to be a cautionary tale, to keep on top of your email messages.

Lesson learned.

At this point, I'd rather not reveal the domain because the new owner might not wish to have it blabbed on a forum, and I have no beef with him or her.

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[DU]

C'est la vie....

Plenty more fish in the sea...

 

[Ms Domainer]

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My thoughts exactly, defaultuser.

Domains are like buses: you miss one, you catch the next one.



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[DnEbook]

what a bummer at first i thought i read LLL/com then CCC then a loss ...oh no ! '

at least you can smile it seems

 

[Ms Domainer]

what a bummer at first i thought i read LLL/com then CCC then a loss ...oh no ! '

at least you can smile it seems

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Hey, evirtual1,

Life's too short to wallow in self pity over things like that.

It happens.

But I do check my GD auction account now--often.

:tri:

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[namenut]

Leaping Lizards Bat Girl!

I wonder how many I've never even noticed? What was the subject line in email? I would always delete the ones saying "regarding the auction ..... yada yada" with out even really reading. OH man ....

Well at least I read your post and wont do that any more. DOH!

 

[kotan]

awesome advice, Ms. D didn't know that that kind of thing happens in GD.

 

[tricolorro]

...I recently won a GoDaddy auction and got busy with work and was unable to log on for a couple of days. Come to find out when I finally logged on, not only did I win the auction, but GoDaddy had already automatically charged my Paypal account, which I have on file with them. Not entirely sure if this is good or bad at this point.

Rev,

It's actually in the Legal Agreement when you place your bid that the winning bid amount (plus one year renewal and ICAAN fee) must be paid within 24 hours of the auction end or payment will automatically be charged to the Payment Method on file.

 

[Abhikrishna]

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IMPORTANT: If you are bidding on Godaddy auctions, be sure to keep up on your auctions, even if you are not winning them, BECAUSE...

If you are the second-highest bidder in a closed Godaddy auction, you may end up being the winning bidder; this can happen when the highest bidder fails to pay.

This just happened to me, with a 3-character .com.

I'm quite happy, of course, because I ended up paying only high $XX, including the reg fee (for which I used a coupon, thanks to Namepros :hearts.

BUT I'm telling you this because I hadn't checked my email or auction account for a few days (too busy preparing for and fretting about GREAT BIG BAD Irene, ha!), and I could have lost the domain to another bidder! (There were 18 bids, 6 or 7 bidders, if you count the non-payer).

So do keep on top of your auctions even if you decide not to place a higher bid or think you don't have the highest bid.

As soon as the name is safely tucked into my account, I'll reveal it. It's not a top quality 3-character, but I have not been able to even get a whiff of a ccc dot com, let alone buy one.




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what if, even 2nd bidder denies to the amount for the domain? godaddy goes to the thrid higest bidder?

 

[Fadi H]

It's also a tactic if you have multiple accounts I guess.

How does one get involved in a closed GoDaddy auction? //Excuse my noobiness.

What so if you have multiple accounts ? You are going to Outbid yourself or what ?

 

[Fadi H]

what if, even 2nd bidder denies to the amount for the domain? godaddy goes to the thrid higest bidder?

Yes, and keep slipping down the list of bidders until someone makes the payment totalling the amount of their last bid placed before they were outbid. and the renewal fee.

 

[Abhikrishna]

Yes, and keep slipping down the list of bidders until someone makes the payment totalling the amount of their bid and the renewal fee.

you mean they ask for the amount that 1st bidder was won? or they will ask the amount which the thrid bidder has placed?

 

[Fadi H]

you mean they ask for the amount that 1st bidder was won? or they will ask the amount which the thrid bidder has placed?

Not the highest bid because it's not considered serious as payment didn't take place.

Let's say you placed a bid for $50, And someone outbid you with exta $5 but fails to make the payment, In that case you need to pay $50 which is your bid not the highest bid. + the renewal fee and you will be the winner.

 

[xynames]

It's also a tactic if you have multiple accounts I guess.

Old post just caught my eye. Talking about - shill bidding! which is a no no.