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- Jul 4, 2007
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Sedo just cancelled my winning domain auction.
Anyone else been a victim of this unscrupulous behaviour?
I won an LLL.com auction on Sedo last week for mid $000 sum. Plenty of action in the last hour of the auction with me and one other party bidding up at the last minute, extending the auction several times.
Paid the invoice via bank transfer.
I get an email 27 hours after the auction win time from Great Domains in the US telling me that apparently some of their auctions experienced technical errors that day and that my winning domain was one of them.
'The error occurred when two different buyers set the same amount as their proxy bid. This situation caused our system to âstickâ and so it did not register any subsequent offers.'
Sedo are to 're-run all auctions that were affected by this error'.
WHAT??? COULD HARDLY BELIEVE WHAT I WAS READING
Again - a call to anyone else that might have experienced similar on a sedo auction around 7-8pm on 23rd August UK time.
It was obvious the bidding for this auction was going quite smoothly, by the way the bids moved. I find it incredibly hard to believe this auction 'stuck' going into its 4th extended period. I could feel the other party were going to hold off as the auction moved into its final stage, everything moved very naturally.
In any case, Sedo have provided no evidence of this last second 'break-down' nor acknowledged my inconvenience. Not to mention my lost bank transfer charges from UK to Germany.
Maybe Sedo and GreatDomains were disappointed about the relativley low sale price on this domain (though still in line with some recent sales of similar) and an 'incident' facilitating a re-run (next month after the UK holiday period!) is quite handy from their P&L perspective.
They have not even offered to refund my bank transfer fees!!
Nothing in their T&C's about being able to re-run auctions.
Do they have a case?
Anyone else been a victim of this unscrupulous behaviour?
I won an LLL.com auction on Sedo last week for mid $000 sum. Plenty of action in the last hour of the auction with me and one other party bidding up at the last minute, extending the auction several times.
Paid the invoice via bank transfer.
I get an email 27 hours after the auction win time from Great Domains in the US telling me that apparently some of their auctions experienced technical errors that day and that my winning domain was one of them.
'The error occurred when two different buyers set the same amount as their proxy bid. This situation caused our system to âstickâ and so it did not register any subsequent offers.'
Sedo are to 're-run all auctions that were affected by this error'.
WHAT??? COULD HARDLY BELIEVE WHAT I WAS READING
Again - a call to anyone else that might have experienced similar on a sedo auction around 7-8pm on 23rd August UK time.
It was obvious the bidding for this auction was going quite smoothly, by the way the bids moved. I find it incredibly hard to believe this auction 'stuck' going into its 4th extended period. I could feel the other party were going to hold off as the auction moved into its final stage, everything moved very naturally.
In any case, Sedo have provided no evidence of this last second 'break-down' nor acknowledged my inconvenience. Not to mention my lost bank transfer charges from UK to Germany.
Maybe Sedo and GreatDomains were disappointed about the relativley low sale price on this domain (though still in line with some recent sales of similar) and an 'incident' facilitating a re-run (next month after the UK holiday period!) is quite handy from their P&L perspective.
They have not even offered to refund my bank transfer fees!!
Nothing in their T&C's about being able to re-run auctions.
Do they have a case?