Digital Pandit
Well-Known Member
Every auction venue deals with winning bidders that default and do not pay for auctions they win. I imagine every auction house has tools and processes in place to reduce the number of defaulting bidders, but I do not think it is possible to eliminate bidder defaults for a host of reasons.
Domain industry auction platforms that specialize in expiry domain name auctions have different policies regarding domain names that were not purchased by the high bidder. Here’s how I believe each operates when it comes to expired or deleted domain names:
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Domain industry auction platforms that specialize in expiry domain name auctions have different policies regarding domain names that were not purchased by the high bidder. Here’s how I believe each operates when it comes to expired or deleted domain names:
Full article link