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Domain Discussion
Domain Industry Companies
Namejet Unauthorized Backorders
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<blockquote data-quote="Theo" data-source="post: 2167161" data-attributes="member: 6561"><p>Somehow - whether you recall it or not - the domain was added as a backorder the first time around. When you enter an auction for a non-expired domain (a private sale) the seller might have set a reserve. </p><p></p><p>When it ends unsold and the seller resubmits the domain, those that participated the first time, are added again. That's why you should never place a bid higher than $69 when backordering a domain, even if at the time you joined the top bid is e.g. $500 <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /> Anyone can remove themselves after the domain fails to sell the first time, and so can you; if you forget to do so, you might end up being the top bidder.</p></blockquote><p></p>
[QUOTE="Theo, post: 2167161, member: 6561"] Somehow - whether you recall it or not - the domain was added as a backorder the first time around. When you enter an auction for a non-expired domain (a private sale) the seller might have set a reserve. When it ends unsold and the seller resubmits the domain, those that participated the first time, are added again. That's why you should never place a bid higher than $69 when backordering a domain, even if at the time you joined the top bid is e.g. $500 ;) Anyone can remove themselves after the domain fails to sell the first time, and so can you; if you forget to do so, you might end up being the top bidder. [/QUOTE]
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