So after all that bid removing and rolling back to $7,200 that I mentioned earlier today, Recipe4Living.com still ends up closing at $40,500.
If this name does not get paid for at $40,500 then GoDaddy really needs to start looking at how they handle their auctions, especially for auctions that cross the $5,000 threshold.
You just cannot bid on names and then see these name not sell for what they closed at.
GoDaddy also needs to be consistent in what they say are their rules. As I pointed out in the 6666666.com auction vs the Dispute.com auction.
https://www.thedomains.com/2019/10/01/godaddy-expiring-auctions/
Bidders should have to be bonded just like a contractor. (Proof the funds exist) All bidders would have to be bonded previous to bidding and you can only bid as high as your bond. If you’re bonded for $50,000 and you bid $20,000 and don’t pay then auctions can use the bond to fulfill the bid. Then you would have to post another bond to continue bidding on future domains otherwise you don’t qualify to bid.
This should be law for any domain above $10,000 in my opinion.
This is getting ridiculous!
Not worth bidding on GoDaddy auctions. Wonder if this will end up in a Snapnames situation eventually as GoDaddy doesn’t seem to be doing anything to stamp it out. Must be lots of people who have been bidded up.