Question about GoDaddy Domain Auctions

Discussion in 'Domain Names & Parking' started by ddlingo, Feb 23, 2010.

  1. ddlingo

    ddlingo Newbie

    Jan 19, 2010
    Likes Received:
    I was about to use the "Buy It Now" option to purchase a domain name on Godaddy . But I noticed that it required me to check a box with a waiver that states this :
    I understand that my bid is a binding contract and that an $10.69 (COM), $12.99 (NET), $14.99 (ORG), $19.99 (CC), $7.99 (INFO), $14.99 (BIZ), $14.99 (NAME), $39.99 (TV), $19.99 (US), $14.99 (WS), $14.99 (MOBI) one-year renewal (from the end of the domain's previous registration period) plus 18-cent http://javascript%3Cb%3E%3C/b%3E:openICANNPopup%28%29; if applicable will be added to the bid, if successful. I am responsible for payment within 48 hours of auction close, or the form of payment I used to purchase my TDNAM membership will be charged on the third day following the auction close. The domain will transfer to me in 1 week or less after auction close unless reclaimed by the original registrant (in which case, I am entitled to a full refund). I also (i) acknowledge that I have read and understand and (ii) agree to comply with and be bound by http://javascript%3Cb%3E%3C/b%3E:openUTOSPopup%28%27;, and the http://javascript%3Cb%3E%3C/b%3E:openEscrowPopup%28%29; on winning bids of $500 or more.

    Does this mean I will have to pay this additional amount when I purchase the domain? And is there a way around this?
    Last edited: Feb 23, 2010
  2. gregstereo

    gregstereo Elite Member

    Oct 5, 2009
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    I'm known to locate certain things from time to ti
    Moose Factory, ON
    No there's no way around it. A lot of their auctions are expired names or names that are about to expire. When you buy a name thru GD auctions you get an extra year on the name. You can always transfer it out later, but the one-year renewal is "included" with the name's purchase from GD auctions.

    It's not a big deal if the name is a good deal. You're getting an extra year, and most registrars give you an additional year if you transfer a name to them.