Godaddy Auction Bought too Many Domains

by jwans
6 replies
Hi,

Recently just bought too many domains at Godaddy Auction, but thing is I'm currently short on cash. Should I contact Godaddy, or just ignore to pay?
#auction #bought #domains #godaddy
  • Profile picture of the author datingworld
    Better you contact Godaddy.
    {{ DiscussionBoard.errors[9154211].message }}
  • Profile picture of the author mathewboly
    If you have no money right now, you should contact to they when you will have the money. You many get this kinds of facility again & again.
    {{ DiscussionBoard.errors[9156876].message }}
  • Profile picture of the author salegurus
    Why on earth would you bid on domains if you knew you were "short on cash"?
    Also, READ the TOS before entering into a contract, it's amazing how many people just tick the "I Agree" box without taking the time to read the contract...:rolleyes:


    5. PROVISIONS SPECIFIC TO PURCHASING/BIDDING ON DOMAIN NAMES

    As a Buyer, you are obligated to complete the transaction if you purchase the domain name through a fixed price, Buy Now format, or if you are the highest bidder at the end of an auction and your bid meets or exceeds the minimum bid or reserve price. Should you fail to complete the transaction for any reason (including, but not limited to, failing to pay the purchase price if you purchase the domain name through a fixed price, Buy Now format, or if you are the highest bidder at the end of an auction and your bid meets or exceeds the minimum bid or reserve price), Go Daddy reserves the right to (i) charge you a fee or (ii) terminate your membership with Go Daddy Auctions (as determined by Go Daddy in it sole and absolute discretion).


    Sellers who list their domain name as an “Offer/Counter Offer” may, once an offer is made, use the “Push to Auction” feature, to convert their domain name listing to an Auction listing. If Seller utilizes that feature on your offer, your offer will become the first bid on that listing. If no other (higher) offer is made, you will be deemed to be the purchaser of that domain name. If your offer is not “accepted” for the “Push to Auction” feature, you will be notified and have the option of bidding on that domain name on the Auction site. You acknowledge some listed domain names may be subject to an additional renewal fee. For those domain names, the renewal fee will be added to your bid or Buy Now price to form the purchase price. You agree by completing the transaction, you are responsible for payment of the renewal fee. By initiating and sending payments through the Services, you appoint Go Daddy as your agent to hold the funds on your behalf and transfer them to the recipient that you designate. Once you send payment, Go Daddy will hold those funds as your agent for a prescribed period of time based on the type of transaction, at which time Go Daddy will release the funds to Seller.


    At no time will you be able to withdraw those funds or send the funds to another recipient unless the initial transaction is cancelled. Should Seller refuse payment, the funds, minus the administration fee as outlined in the pricing structure, will be returned to you. You agree Go Daddy is not responsible for payments refused by Seller. For Expired Auctions, Go Daddy will obtain the funds first by the Payment Method you have designated. If there are insufficient funds or invalid credit card information, Go Daddy may obtain the remaining funds by charging any Payment Method you have on file.
    Signature
    Think of how stupid the average person is, and realize half of them are stupider than that.

    ― George Carlin
    {{ DiscussionBoard.errors[9157131].message }}
  • Profile picture of the author tj
    Originally Posted by jwans View Post

    Hi,

    Recently just bought too many domains at Godaddy Auction, but thing is I'm currently short on cash. Should I contact Godaddy, or just ignore to pay?
    You should have checked first if you got enough money to buy all the domains. Ignoring to pay could cost you more - maybe your whole account and all the other domains that you already use there.

    Timo
    {{ DiscussionBoard.errors[9157383].message }}
  • Profile picture of the author onedomains
    If they're worth something try a fast sale for something you own on a domain traffic site to raise the cash.

    If not you may want to move what you own to another account, so you don't have issues with what you own already.

    Most registrars let you push domains from account to account within that company pretty easily, but you should mask some of the account info.

    Different owner info (like an aka for a biz) with an address to a relative etc.

    Fiscal management might be something you start to do better though, invest what you can afford.

    Good Luck
    Signature
    Make $1000 Commission with the 1 MEDIA Network PM for Details
    {{ DiscussionBoard.errors[9218747].message }}

Trending Topics