Go Daddy Domain Auction
Go Daddy Customers can offer their domain names for selling or can also offer to buy an already registered domain name. This can be done by bidding for the domain name in Go Daddy Domain Auction. For participating in the Domain Name Auction, the user needs to be a member of Go Daddy Domain Name Auction Service, the Internet’s new auction house for the hottest domains-all backed by proven Go Daddy systems and support.
If the user wants to join Go Daddy Auctions it is available at Just $ 4.99 for a year and the facilities offered with the membership include the Lowest Commissions, Escrow Services, and FREE Domain Alert ® Pro Monitoring 100-Pack.
Overview of the service
“The median aftermarket resale price increased 24% between 2004 and 2005 – the domain resale market is hotter than ever.” Whether the user wants to buy now, bid on premier expired names at auction, make an offer, or sell a domain in the HOT resale market, Go Daddy Auctions is ready with four simple ways to buy and sell domains. Buying and selling domains has never been easier -
1. Buy Now – If the user wants the domain name today, it just needs to click the button “Buy Now” (if is displayed in front of the domain name) and purchase it immediately.
2. Expired Domain Auctions – The user can place the bid on an expired domain name. When the auction ends, the domain belongs to the highest bidder.
3. Offer/Counteroffer – the user can make an offer on a domain and Go Daddy Auctions will instantly notify the seller, who then has the option of accepting or countering the user’s bid.
4. 7-Day Public Auction – Like a traditional online auction, sellers set a minimum starting bid price, and bidders place increasingly higher bids. When time runs out, the domain name may be sold to the highest bidder.
Great Features of the service
• Make more on the domain – Go Daddy Auctions commission fees are among the lowest in the industry, starting at just 5% with a $ 5.00 minimum. The members of this service can no doubt make the most profit with it.
• Basic & Premium listings ensure that user’s domain will be found.
o Basic – it lists user’s domain in one or more categories that best describe its possible uses.
o Premium – If user wants even more visibility for its domain then a Premium home page featured listing may be a good choice.
• Powerful search tools let buyers quickly find the domain. Advanced search options let users define the parameters for their search, including keyword, length, listing type, and domain extension.
• The service puts the power of Go Daddy behind the user domain. The user can take advantage of the expertise, support and customer traffic of the World’s #1 Domain Name Registrar.
• Service also includes 100-Name Domain Monitoring Pack – Now the user can monitor the vital changes to ANY .COM, .NET, .ORG, .INFO, .BIZ or .US name registered by ANYONE at ANY registrar that might tip the user off to its availability. The company does the great work for its customers.
• Buyer & Seller Protection – Featuring escrow services available by Escrow.com
• Buyers receive domains before the Seller is paid.
• Sellers are protected from credit card and payment fraud.
• The customers of the service can now find exclusive, soon-to-expire domain names which might not be seen otherwise anywhere else except at Go Daddy Auctions and GoDaddy.com