Comments on: Collusion on Drop Auction Bidding

By: Bob

Bob — Thu, 11 Feb 2010 22:02:30 +0000

Called a friend about an auction? Done that! Offered a ‘mulligan’? Done that too! Backed off in an auction after a friendly conversation? Yep, that too!

Is any of that illegal or immoral? I don’t think so – just common sense sometimes. We live in a small pond, and there’s nothing wrong with giving a friend a break once in a while.

Do I expect a ‘payback’? Not really, maybe just a little goodwill. And if they ever feel like returning the favor down the road – that’s OK too!

By: John Doe

John Doe — Sun, 17 Jan 2010 01:34:47 +0000

It is an open market and if someone ones to reach out by an email, let them and just delete without a response, but good post for public awareness.

By: Freddy

Freddy — Sun, 03 Jan 2010 06:16:44 +0000

@Leonard the difference with Sedo and Namejet is that 99% of the time you are bidding on a domain that you can purchase. I’d say it’s about 80% of the time with Sedo.

Oh we are all competitors. If this makes you upset consider that this request not to bid is one guys way of trying to beat you to a domain. . .the “poor me” story approach. If you think a domainer is your friend, the reality is you are the biggest fool of all. A domainer would cut your throat to get a domain before you. Anything for a buck.

By: t

Fri, 01 Jan 2010 09:28:09 +0000

its happened more than once where a huge company lost to another bidder only to come back and pay more,.imo take a chance,.
but when someone in charge of the auction advises you not to, well then your kinda screwed,
unless its worth getting your lawyers involved to make sure the referees (auction people) play by the rules.
you will have an edge cause you can make a decision to pay more than your cap on the fly, where as their decision maker doesn’t have that discretion. Best strategy is Surprise, especially in a timed situation as an auction. I am talking about 6 and 7 figure domain name sales. As for less expensive domains you’d most probably lose the auction so id suggest another strategy,.. most people play business like a game of checkers limiting their scope, Businesses play chess, always thinking a few moves ahead.
aaargh I always mean for my posts to be as short as possible, Id say I’m long winded but I smoke two packs a day.

By: cs

cs — Thu, 31 Dec 2009 22:20:23 +0000

In my last post something was left out.

Before the word “has” was a bidder’s name.
Between “on” and “so” was the domain name.

The bidder was abig corp and the idea suggested was to keep me from wasting money in a bidding war.