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godaddy - what causes a domain to go to closeout?

Discussion in 'Black Hat SEO' started by nonai, Aug 2, 2014.

  1. nonai

    nonai Power Member

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    some domains in closeout auctions are $5, some are more.

    2 questions. if you could answer either one, I would appreciate it.

    1) Why are some domains in closeouts $5, some are $9, some are $12?
    2) let's say there is a domain that I am interested in. The starting bid is $12, there is one minute left and nobody bid on it. if nobody bids, is it necessarily true that the domain will eventually go to closeout for $5? in other words, I am wondering if I should bid, or if I should wait, let it go to closeout, and save $7?
     
    Last edited: Aug 2, 2014
  2. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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  3. Pilfer7

    Pilfer7 Regular Member

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    the longer they are in closeout the more the price drops
     
  4. fighterzprankz

    fighterzprankz Newbie

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    Domains go to closeouts when they are not sold and also, their prices range in value depending upon how long they have been in closeouts.
     
  5. PHPInjected

    PHPInjected Elite Member

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    Depends on the value of the domain when it is put in auction, and nobody buys it. Then the price drops.
     
  6. MarkWW

    MarkWW Regular Member UnGagged Attendee

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    When the $12 auction ends with no bids, it goes to close out, each day $1 less until it reaches $5 I believe.
     
  7. MafiaBoss

    MafiaBoss Elite Member

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    be patient, and you will be victorious.