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+--- Forum: Domain Discussion (http://www.domainsocial.com/Forum-Domain-Discussion)
+--- Thread: Very Newbie question. (/Thread-Very-Newbie-question)
Very Newbie question. - Hurgoll - 08-08-2007
Okay, I joined Sedo and had a long look around. But no matter how many FAQ I read I couldn't find the answer to a simple question.
I thought about putting a name up for sell. If I get a lowball bid and no one else bids do I have to take it? Or can you set a min. price?
Thanks sorry, I really tried to find the answer on my own.
Hurgoll
Very Newbie question. - millzee11 - 08-09-2007
I don't think you have to go with any bid at all. I think it is more like an offer and you can accept it or reject it or counter. I would say it is more like realestate.
Very Newbie question. - Hurgoll - 08-09-2007
millzee11 Wrote:I don't think you have to go with any bid at all. I think it is more like an offer and you can accept it or reject it or counter. I would say it is more like realestate.
Thanks, I wasn't sure, It said something about when you get a bid the auction then starts. I wasn't sure if you must auction or if that was just an option.
Hurgoll
Very Newbie question. - millzee11 - 08-09-2007
I am almost positive this is how it works, but maybe you should make sure before you list your domain so you don't get caught.
Very Newbie question. - zach - 08-09-2007
Yes thats how it works
You can also set a reserve, or minimum bid, and all bids under that get rejected automatically.
Very Newbie question. - Grace - 08-13-2007
Thats sounds like the right way to go with a minimum bid. Some people bid low on items just to irritate you. You could put a range of bids you'll accept for that domain.