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Quick Question On Buying A Domain Through Sedo

Discussion in 'BlackHat Lounge' started by SeanAustin, Aug 3, 2013.

  1. SeanAustin

    SeanAustin Power Member

    Joined:
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    Hey guys,

    Have been unable to find this answer elsewhere (maybe I'm looking in all the wrong places) but this simple yes/no question should be a breeze to answer for anyone who knows.

    The domain name I want was taken, but on the page there was the buy this domain now option. I click there, it directs me to sedo, I log in, and place the minimum bid that I could. I then find the domain name on godaddy and it says it is in the godaddy auctions which ends in 7 days and has my offer as the minimum bid.

    Yes/No (or care to elaborate):

    Does this mean if no one out bids me in the next 7 days, the domain is mine?