New Category suggestion....

[picassoface]

I'm suggesting a new category under "Domain Auctions" titled "Start an auction".
This category will allow people to post name they'd like to get into a sedo, afternic, etc auction with the MINIMUM starting bid that each company allows ($60 for sedo, $75 for afternic)...

Example:

Abcdefgeewhiz.org - start an action at Sedo with only a $60 bid ! LINK

Bcdefgeewhiz.net - start an auction at Afternic with only a $75 bid ! LINK

[Carter]

I agree...very interesting section

But I think many peoples here don't love a section like this.
I'm wrong?

[Honan]

I'm suggesting a new category under "Domain Auctions" titled "Start an auction".
This category will allow people to post name they'd like to get into a sedo, afternic, etc auction with the MINIMUM starting bid that each company allows ($60 for sedo, $75 for afternic)...

Example:

Abcdefgeewhiz.org - start an action at Sedo with only a $60 bid ! LINK

Bcdefgeewhiz.net - start an auction at Afternic with only a $75 bid ! LINK

Can you do that already in the offers section?

[Admin]

Thanks for the suggestion but we don't currently allow 'push to auction' threads because it's against sites such as sedo's policy.

[biggedon]

Can you do that already in the offers section?

you can ask any member who makes you an offer via pm, to place the bid on sedo for your domain, but not in the thread.

[Adam Dicker]

Actually, I don't think it's against policy if the bidder is willing to pay the minimum amount they bid.

That's called a legitimate bid.

-=DCG=-

[biggedon]

Actually, I don't think it's against policy if the bidder is willing to pay the minimum amount they bid.

That's called a legitimate bid.

-=DCG=-

Adam

don't know if you've read this or not but, here's a related thread in which the rep from sedo responds to this issue.

once you've had a chance to look it over, then maybe you can decide how you want to go forward with this, as the question has come up several times.

http://www.dnforum.com/f490/pushing-...ad-343240.html

Thanks

[jaydub]

Yes...I think it should only be an issue if the person placing the bid doesn't intend to follow through....but that is only my opinion.
I have seen this issue raised elsewhere as well and never quite understood why there would be a problem if the bidder intends to buy and the seller intends to sell. And sedo would get their slice no matter what...

[actnow]

Actually, I don't think it's against policy if the bidder is willing to pay the minimum amount they bid.

That's called a legitimate bid.

-=DCG=-

Very valid point. I totally agree.

I see no reason that sedo should be against it.

All it is - is advertising.

I think DNF should go ahead with a thread like this.
Or, permit it in the external link sales thread.

Great idea.

[actnow]

Mods and DCG,

Any update on adding a new category?
Or, to permit it in the external link thread?

[actnow]

Actually, I don't think it's against policy if the bidder is willing to pay the minimum amount they bid.

That's called a legitimate bid.

-=DCG=-

Mods and DCG,

Any update on adding a new category?
Or, to permit it in the external link thread?

DCG,
Can we move forward on this new category?

Or, can we start by permitting external auction links in our signature?

[Adam Dicker]

I am still waiting to here back from sedo.

Tomorrow will be crazy around here but I expect and answer by Tuesday.

-=DCG=-

[Gerry]

Yes, this is something we have done at Mobility for quite some time and it has worked out well...for the seller and sedo.

Actually, we have perhaps been doing this for 2 years or so.

The seller will most often get additional bids and bidders. I have been fortunate a few times to win some of these auctions but have lost most to higher bidders.

NOT ONCE am I aware of the winner not paying.

And never has sedo interfered with this modality.

It is not a click fraud issue. It is not shill bidding. It is a legitimate offer placed on a domain that the owner elects to accept that offer and sends it to auction.

With that said, I would like to point out a couple of observations.

And people looking for and bidding on .mobi names are into this niche. Therefore, I am assuming that they are more serious about their buying that particular extension than most.

At the same time, we have caught plenty of bogus bidding schemes going on running the prices up or simply a bullshit name with a $35,000.00 start.

In 2007, I had 11 auctions at sedo not paid. 2008 was a little better (I think 7) and I have already had one this year. Never was these non-payers on a .mobi.

Have a subsection of send to auction can work very well if the person making the offer clearly understands that he is essentially offering to buy the name at $60. And, at the same time, the seller is willing to accept the offer of $60 and elects to send it to auction.

Everyone needs to understand the plus and minuses to this. And the reason I point this out is because of a situation played out here on DNF on this very issue (sort of).

Buyer - by making the offer you commit to purchasing the domain at $60 should no one else bid.

Seller - by accepting the offer of $60 and sending the domain to auction you are committing to accepting $60 for the domain name should no one else bid.



About a year or so ago, an offer was made for a domain here on DNF. The seller turned it down.

Later, that seller sent the same name to auction.

The person who made the original offer on DNF ended up bidding on the domain while it was on auction and won the domain for a significantly lower price than his original bid.

The seller, knowing this, refused to sell the domain to that buyer at the winning bid.

The seller did not transfer nor comply with the contractual agreement with Sedo.

Essentially, it was the seller who breeched the contract.

Both Sedo and DNF ended up getting involved with this dispute here on DNF.



The reason I point this out is because of all the BS and Bogus bidders (and schill bidders) out there.

And by out there I also mean in here - on DNF.

When a deal goes sour, what action does Sedo take and what action does DNF take?

You are talking about bidders and sellers who are both members of DNF and Sedo. So who has responsibility.

Another issue is the pure BS bogus offers that are via PM.

To eliminate this and to discourage any one from dishonest deeds (that will never be completely erased)

the person making the offer must state so via the thread and NOT VIA PM.

This will allow more transparency and also allow for better monitoring of both the seller and the bidder. In the end, when a deal does go sour, we will know who is the culprit.

No one else would have to disclose if they are bidding or not. The only thing the person who made the initial offer would have to do is post in the thread that he made an offer on NameOfDomainHere dot com for all to witness.

This would allow all members to see who made the initial offer and who accepted the offer should any dispute arise.



Frankly, we never have had to deal with disputed deals But I have already seen too many here. And I have often times (along with other members) asked for a name and shame section on dnf. At least we will know in 7 days who needs to be held accountable it no one else bids - will the seller acept the fact that the domain sold for the minimum and transfer the domain? and will the person making the initial offer follow through and pay.

[actnow]

NOT ONCE am I aware of the winner not paying.




Have a subsection of send to auction can work very well if the person making the offer clearly understands that he is essentially offering to buy the name at $60. And, at the same time, the seller is willing to accept the offer of $60 and elects to send it to auction.

Everyone needs to understand the plus and minuses to this. And the reason I point this out is because of a situation played out here on DNF on this very issue (sort of).

Buyer - by making the offer you commit to purchasing the domain at $60 should no one else bid.

Seller - by accepting the offer of $60 and sending the domain to auction you are committing to accepting $60 for the domain name should no one else bid.

I totally agree.

[nparkin0]

I agree.

The proposed new catagory would be very beneficial to many sellers on DNF.

I say let it happen if it doesnt break any current sedo or DNF policy rules.

[Adam Dicker]

Ok, admin, post it.

All bidders must buy at the $60 if they bid.

-=DCG=-

[Justin Hulsey]

Nice!

[Carter]

Thanks Adam!

[nparkin0]

Nice one

[draggar]

Nice suggestion and TY Adam. I'll give this thumbs up. Don't forget the good old announcement.