How are domains sold at an auction?
An auction is an attractive form of selling a domain, in which bidders place subsequent offers at a specified time. The highest bidder becomes the winner of the auction and acquires a domain. Each auction has a fixed duration and a starting price at which the bidding starts.
How to sell a domain in an auction?
Once an auction is listed, it will be in our directory of domains for sale and buyers will be able to place bids. An auction is visible until the indicated end time and until the purchase offers are accepted. After the end of the auction, the person who placed the highest bid is obliged to buy the domain. You can place an auction on the homepage of the website or in the daily newsletter, thanks to which you will receive more purchase offers.
How to promote an auction on the homepage or in the newsletter?
When listing an auction, you can also set a minimum price and a "Buy Now" price, allowing you to have more control over the price at which you sell your domain.
What is the purpose of the minimum price in the auction?
What is the purpose of the "Buy Now" price in the auction?
If you find another buyer for your domain during the auction, you can cancel the auction. It is also possible to extend the duration of an auction in order to get more bids.
Tags: listing an auction
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