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  1. #1
    Join Date
    Nov 2002
    Location
    Here & there.
    Posts
    5,366

    Soliciting starting bids at auction -- is it kosher?

    Ok, I've seen at least a couple of members here suggest that someone offer up a $60 bid at Sedo in order to initiate an auction on one of their domains -- either that, or someone else offering to do the same on another's (the seller's) behalf.

    I have to ask myself, is that kosher? Is it ethical? Is it legal?

    Could it be construed as shill bidding?
    "Just when I thought that I was out, they pull me back in!"

  2. #2
    Join Date
    Oct 2002
    Location
    Wisconsin
    Posts
    2,580
    its only shill bidding if the domain is worth less than $60, and in any situation, its not immoral enough to be worth mentioning.
    Last edited by Matt; 2008-02-02 at 01:36 PM.

  3. #3
    Join Date
    Mar 2003
    Location
    Behind your curtains
    Posts
    4,793
    To get back to the original post though I don't see why it is a problem. Shill bidding doesn't apply as the person placing the bid *is* going to buy it should there be no more bids. Ultimately the domain will sell for what it's worth. It does give someone a chance to get a domain for $60 though that may be worth more. Also a great way to annoy those people who use the standard sedo response 'this is my final offer'.
    Last edited by Matt; 2008-02-02 at 01:35 PM.
    DomainView.co.uk - 60 day droplists. Hosted chasing. Backorders. Thousands of domains caught.
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  4. #4
    Join Date
    Jan 2003
    Location
    Mexico
    Posts
    3,831
    I really loathe the SEDO system where you can only send a comment back to the offer if you name a price at the same time.

    So I never use it anymore.
    Captain Stupid.
    Jimmy James Inc. fan club membership # 3312

  5. #5
    Join Date
    Oct 2002
    Location
    Wisconsin
    Posts
    2,580
    Post removed. Like doughmein said "political rants elsewhere"
    Last edited by Matt; 2008-02-02 at 01:35 PM.

  6. #6
    Join Date
    Nov 2002
    Location
    Here & there.
    Posts
    5,366
    Ok, political rants elsewhere.

    I don't want my lame enough thread relegated to Political thread Siberia.
    "Just when I thought that I was out, they pull me back in!"

  7. #7
    Join Date
    Jul 2005
    Location
    Los Angeles / NYC
    Posts
    2,998
    IMO, it's legit as long as the bidder/seller are different people and the bidder intends to pay if they win the auction.
    .

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