04-21-2009, 11:55 AM
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#14 (permalink)
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Last Online: Yesterday 02:21 PM Join Date: Mar 2003
Posts: 4,413
DNF$: 6,593 Location: Washington,DC | Quote:
Originally Posted by Doc Com 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.
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I totally agree. |
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