Quote:
Originally Posted by exxe If it is a private auction, not a drop, I think the bidders will receive an email from NameJet telling the reserve. |
Sorry, I don't mean to confuse anyone.
By "privately held" I meant a domain that is in control of someone and not dropping.
This would have been, I presume, a public auction based on the number of bids placed.
Typically, I know after a certain period of time, the auction is closed to new bidders.
Not following this, I have no idea what stage the process is currently in.
And, like I said, I had never participated in a "non-dropped" namejet auction and was curious as to how it works. Just wondering if this is an absolute auction or one that the seller can chose to accept or decline the final hammer price.