"I think today is the first time that I bought a domain name at a drop auction only to find out later that the domain name was listed for sale as a BIN for less than what I paid for it.
I’m on vacation in Dominican Republic with my family and I’m checking out my drop auctions and immediately realize that I have 10 minutes left for DailyPosts.com a domain name dropping on DropCatch. I liked the domain name thinking its a perfect domain for a blog post business and would be a good resale. On DropCatch I paid $700 for the domain name, I later check the whois at domaintools and it says that the seller has listed the domain name for sale at $490 at godaddy as a BIN. I learned a big lesson today, never get into an auction frenzy without checking domaintools first, especially when you’re on vacation. One for the books."
Steve from Domain Crunch has shared a very sound advice.
I’m on vacation in Dominican Republic with my family and I’m checking out my drop auctions and immediately realize that I have 10 minutes left for DailyPosts.com a domain name dropping on DropCatch. I liked the domain name thinking its a perfect domain for a blog post business and would be a good resale. On DropCatch I paid $700 for the domain name, I later check the whois at domaintools and it says that the seller has listed the domain name for sale at $490 at godaddy as a BIN. I learned a big lesson today, never get into an auction frenzy without checking domaintools first, especially when you’re on vacation. One for the books."
Steve from Domain Crunch has shared a very sound advice.
