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Afraid to buy a horse at Public Auction?
Here are 5 things to do to put the odds of getting a
good horse in your favor.
Let me share a short story with you about public horse auctions and my friend Jack.
I'll show you how to buy a horse at auction so you won't get burned. Jack,...
Buying At Auction Can Be A Thrill -- Just Don’T Pay More Than You Have To
There are many things to keep in mind when buying at auction, particularly in the fast-paced world of e-commerce. If you’re a first-time buyer and you’re not careful, you could spend a lot more money than you need to.
The first thing to...
Expert Ebaying: 5 Secrets to Saving Big on Auction Sites
In more than two years of selling on Ebay there's one
frustration I hear from shoppers more than anything else: "I got
outbid at the last second!" If you're relatively new to the
online auction world you're probably sick of bidding wars,
sketchy...
How Can Online Auctions Benefit Your Web Site?
It seems as if everyone is talking about online auctions. And
why not. There are thousands of online auctions on the
internet with more popping up everyday. People love them
because they can usually find great bargains. Businesses are
now...
Should I Buy a Car at A Car Auction?
Should I Buy a Car at A Car Auction? Car/Auto Auctions have been around for years and dealers get a lot of stock from auctions. But for the average person buying a car from an auction is not so simple. Yes, you can get a cheaper car, but you the...
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Understanding Domain Name Auction
Everywhere in the world, thousands of great domain names are expiring, and since thousands of domain name holders did not renew their expired domain names, thousands of people are also bidding for such terrific domain names. With this fact, the concept for domain name auction was born.
In the domain name auction, those domain name holders who have not paid their registration fee or did not renew their domain names could find their corner of the internet, their domain names in general, being sold off to the highest bidder. Well, this is how domain name auction works.
Numerous research studies about the domain name auction process have considered that many companies today are catering to domain name auctions for the reason that they wanted to gain some benefits from those expired domain names or for those domain names that are not paid. So today, many domain name registrars have told the domain name holders to pay the renewal or registration fees for the reason that they have only a few days left to hand over the cash. And the concept of domain name auction came out when the money is not forthcoming. With this domain name auction, thousands of people are expected to come under the hammer.
The domain name auction also surfaced due to the fact that there are some domain name companies who do not settle their debts. With such situation they were forced into a domain name auction for their own name. Since the domain name auction greatly involved some sorts of bids, it is noted that the maximum for bid for each domain name will be the amount that a certain network solutions is payable. But, there are some instances in the domain name auction in which the companies lose control of its name. So, if such happens it might have
to pay a huge sum to the new owner to get it back. For particular mention, one of the reports has shown an example that last year the Business.com domain name was sold for $7.5 million.
Today, there are so many companies on the web that offer domain name auctions to those who wish to own a domain name. It is just interesting to know that those domain names sold under domain name auctions are soon-to-expire domain names. So today, may people bid on as many as they wish by building a drop list. Speaking of drop list, this is a common support that most of the domain name auction companies provide for the auction process.
In relation to the existing companies on the web today that offer services for auctions of those soon-to-expire domain names specifically create some divisions or classifications on their services. In fact, there are companies that provide a said “private” and “public” auction. The private auction is considered as a category if two or more members bid on the same domain name. As such, the domain names go into a private auction for three days, where only the previous bidders will be granted to join the bidding. On the other hand, the public auction is the category when a winning bidder fails to pay the payment on a domain, so the domain name goes into a public auction. Lastly, this kind of domain name auction is open to all members and this will last for one week.
About the Author: Laurie Mitch is a domain name specialist who writes for http://www.DomainsWithTraffic.com
Source: www.isnare.com
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