Can Seller cancel auction that has bids?
blastyblast said 1 year, 1 month ago:
For the second time with the same seller and the same domain name, I was the highest bidder on an auction (out of several bidders), and the seller cancelled the auction 30 minutes before it was set to end. The domain name was immediately re-listed at the same starting bid price, set to end in like 30 days. To be clear, I’ve been the winner bidder twice after waiting 30 days for a domain to expire. And both times the seller pulled the auction within minutes of closing.
So, let me get this straight, a buyer CANNOT back out once they place a bid, but a seller can play games as much as they want by 1. setting a low asking price > 2. cancelling even after that price is met, and not honoring the auction (despite the fact that the buyer has committed and can’t back out), > and 3. re-listing and repeating the whole process over again, and again, and again… each time duping buyers in the process.
It’s entirely possible that I’m missing something. However, I have been buying/selling domains for 13 years and I currently hold a portfolio of approximately 550 domains. So if I’m confused by this, other people are sure to be.
ubiclick said 9 months, 1 week ago:
It would be nonsense for the seller to claim that the reserve price has not been met if he has not allowed the auction to complete.
panorama8 said 9 months ago:
I am sure that this is not ok to do. I at least have always been under the impression, I guess it is in Terms or just write support an email and explain
isaac717 said 5 months, 2 weeks ago:
i agree with blastyblast , i mean we are the customers they should take care more of our interests cause if it was it for us they will had no goddady auction ,
henrychinaski said 4 months, 2 weeks ago:
hey, blastyblast, it happend to me just right now, what did you do? can i do anything to get my bid back o demand the domain? i appreceate any help. thanx
qwe said 4 months, 1 week ago:
So seller has option to set reserve price to 10000000$ and rerun auctions forever?