This is not an auction but a model where buys and seller
offer-counteroffer
each other.
You are allowed to
negotiate directly with the bidders, and you maintain control over the selling price.
If you don't feel an offer is sufficient, you're under no obligation to sell
.
If you make an offer or counter-offer, it is binding for seven (7) days from the time you make the offer. During this time, you cannot cancel the negotiations or change your offering price. Buyers are similarly bound to commit to their offers for the same time period.
If you would like help setting the best price, then use our domain sales form and ask us to appraisal your domain
We do not charge anything to you only after your domain is sold.
There is a 10% commission fee deducted from the selling price of your domain name once your domain is sold.
Sellers
don't have to initiate the domain transfer until the buyer has paid.
Once the buyer agrees to purchase the domain, the seller transfers the domain first to DomainsName, so that our team can verify that the domain is secured and there are no security holes. Then, DomainsName can complete the transfer to the buyer, so that the buyer cannot claim he never received the domain. .
You have the option of receiving your payment through Wire Transfer (valid anywhere in the world), or via Paypal (valid in North America and most European countries).