For the record's
Dear NameWinner customer,
Exciting new changes are taking place at NameWinner.com, your source for premier expiring domain names!
Starting soon, we will be giving you even more time and opportunities to bid on great domain names by extending active auctions until 1pm or later in certain circumstances. We are raising the price of base bids but are grandfathering all of our existing customers into the current $8.75 price!
We have also made many improvements to the Web site that have been requested in the past. In fact, we just redid the entire bid and management system. The new site and bidding system will be launching this afternoon. Tomorrow morning (Friday, August 28) will be the first day the new auction system will be in place. Please be sure to familiarize yourself with our online description of the new system by visiting:
http://www.namewinner.com/biddingprocess.php.
Here are some of the details:
Minimum Bids
* Base Bid prices will now be $15 (existing NameWinner customers who have made purchases in the past will be grandfathered in at the $8.75 base bid price). In order to get the lowest base bid price, first bids will need to be placed on domains more than four days before the domain deletion date.
* Delete Cycle bids will be $20. If bids are placed on domains set to be deleted within four days and greater than 20 hours, the minimum bid price is $20. However, if the domain is set to delete within 20 hours the minimum bid price will be raised to $25.
Second and Third Bids
* The minimum second bid on all domains is $35
* The minimum third bid on all domains is $45
Bid Timeline
In general, bids can be placed on domains up until 10 a.m. each day just as in the past. The following rules are exceptions which allow bidding to continue past 10 a.m.
* 9:45 a.m. to 10 a.m.: Bids placed in this time frame will automatically extend the auction for 15 minutes. Only customers with a previous bid on the domain can bid during this extended auction.
* Between 10 a.m. and 10:10 a.m., bidding on extended auctions continues in the normal fashion.
* 10:10 a.m. to 10:15 a.m.: Bids placed in this time frame (which will be placed on domains already in the extended auction) will cause the domain to be placed in a private auction at 1 p.m.
* 1 p.m. private auction: All previous bidders for the domain will be allowed to participate in the auction at 1 p.m. for no fee. New bidders can join the private auction for a $50 fee from the time the list is posted to the Web site (approximately noon) until 1 p.m. The $50 fee will go towards the domain if you are the successful high bidder at the auction close. Bidding on domains in private auction will stop after 15 minutes passes with no bidding activity. At that point, the current high bidder wins the domain.