Domain Auction Guidelines & Registration
1. All premium domain names being offered in auction will have a starting bid (reserve price). This reserve price sets the minimum dollar amount at which the domain name may be sold.
2. To participate in an auction, contact DomainAuction.US to express your interest in bidding on a particular domain name.
3. After writing us to express your interest, you will receive the auction participant contract. Read the contract, sign it, and return it to DomainAuction.US with your initial bid for the domain name. You will then be registered for the auction and your bid documented.
4. Once the auction begins, initial bids and updated bids will be sent to all auction participants by private email. Participants may update their bid at any time via email or phone. Bidders' identities will be shielded from the public during the auction process.
5. If a "Buy It Now" (BIN) price is not reached by auction close, then the highest bidder will win the domain name. If the BIN price is reached, then the first bidder reaching the BIN price will win the auction, and the auction will be immediately closed.
6. Winner of the auction will have (10) business days to complete payment. Upon payment confirmation, DomainAuction.US will transfer the domain name into the winner's account at GoDaddy.com.
7. The new owner will then have possession of the domain name. This completes the auction & ownership transfer.
