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Old 10-30-2006, 06:46 PM   #15 (permalink)
financialtraffic
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Re: Tractors.com sells on Sedo auction

So are people backing out once they win? Otherwise all of the domains set to auction should be selling.

From what Sedo indicates the auction starts when a reserve price is set/met and even if the domain doesn't get further bids, the domain then sells to the initial bidder who met the reserve:

"If your domain does not receive additional bids during the auction period the buyer's initial offer is still binding and wins the auction."
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