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What is an "auction lock" after you win a domain auction?

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beansbaxter

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I just won a domain auction from NameJet and it set it up in an Enom account which I was able to log into fine but it says the domain name is in an "auction lock" for another month...

Do I have to wait for the auction lock to be lifted to transfer the domain name to a registrar?

Losing registrar would be Enom and Gaining registrar would be GoDaddy.

Thanks.
 

DomainName

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Yes, you have to wait until the lock has been lifted then you can transfer to your preferred registrar.
 

bwhhisc

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There is a waiting period to transfer for both Snapnames and Namejet.
You can find it most likely in their terms of service. There are many registrars that will not allow a "new reg" to be transfered out until after a waiting period. Usually 4-6 weeks or in that range I seem to remember.
 
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