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Meme Monday: That Moment When You Win an Auction
The waiting game can be a battle that seems to last longer than time itself- especially when you've got your heart set on a particular domain that's in auction with 6 hours and 23 minutes still left to spare. Sadly, no one's invented a machine that allows us to fast forward time, so in any auction you'll have to wait out the full seven days in order for the auction winner to be determined.
Luckily, you can bid at anytime during this auction period. And to makes things a bit more interesting, you also have the option placing a proxy bid, which automatically places a higher bid than current minimum bid. So with that being said- let the bidding wars begin!
After the seven days are over, the highest bidder has two days to pay for the auction. Once the auction is paid for, the domain will be moved into your Dynadot account within about four days.
Even though you may have won the bidding war, the original registrant is given a grace period to renew their domain even if it's won in our expired domain auctions. Depending on the domain, the grace period typically lasts 40 days. If the domain is renewed within that grace period, the expired auction order will be cancelled and the payment will be refunded.
Participating in auctions can be a time consuming task, but you never know what you're going to find. If someone forgets to renew their useful and creative domain- it's up for grabs! So be sure to check out our expired auctions from time to time to see what domains become available!
Still feeling unsure about the expired auction process? Don't worry, we've got answers to all your expired auction questions in our help files!
Happy bidding everyone (:
Posted Monday, January 27, 2014 by Kathleen BorgTweet