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09 Jul '12, 6pm

It’s Time for Godaddy to Start Qualifying Bidders for Higher Priced Auctions #news #domaining #domain

It’s Time for Godaddy to Start Qualifying Bidders for Higher Priced Auctions By ShaneCultra - July 9, 2012 - 8 Comments I used to think the biggest problem with Godaddy’s Auctions was the frontrunners and the post renewal of domains after I had won at auction. But after watching the WAN.com auction that had the winning bidder go into hiding I’ve realized there are no qualifiers for people entering high price auctions. I can’t think of any other auctions other than at the domain conferences that allow anyone to participate in every auction regardless of price. Namejet and Sedo have credit cards and other higher level verification to bid on auctions higher than $5000. Godaddy merely makes someone pay $5 to join in. I’m pretty sure that loss of $5 isn’t going to change the mind of too many people that ended up paying more than they want to for a particular auction. The punish...

Full article: http://domainshane.com/its-time-for-godaddy-to-start-qual...

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