- Impact
- 805
I just received an email regarding an update in auction rules at @Dynadot
Good news is that they are adding a "closeout" option like Godaddy does have.
It could be possible that bulk and superbulk users will pay a little less than the other users since they have lower renewal rates.
I really liked seeing the total price I would have to pay at the end of the auction. I am really disliking this change.On January 3, 2023, we're changing the way Expired Auction prices are displayed in the Aftermarket. Right now, the "Current Bid" section of an auction includes the bid price + the domain renewal fee. Next month, we'll be separating the renewal fee from the actual bid price when viewing an auction. For example, if a domain name has a $10 bid, you'll see $10 in the "Current Bid" section instead of $20.99 ($10 bid price + $10.99 renewal fee). It's important to note that the renewal fee itself is not being removed, it's still added to the final auction price. Renewal fees will vary based on the TLD in auction.
Good news is that they are adding a "closeout" option like Godaddy does have.
Anyway, I am afraid one of the reasons they have made these changes is to increase the starting bid for the auctions.Another update we're excited to make is the launch of a new type of auction, called Expired Closeouts. Closeouts are domain names that didn't receive any bids in the Expired Auction. These domains will be set at a fixed Buy-It-Now price for 3 days. The price will drop every day if a successful purchase is not made during the Expired Closeouts period. For instance, the Buy-It-Now price for Day 1 will be $30, Day 2 will fall to $15, and Day 3 will drop to $5. If the domain isn't purchased in Closeouts, it'll continue to follow its normal expiration life cycle. Please note that renewals are not included in the Buy-It-Now price. The renewal fee will be added to the final cost of the order and will vary depending on the TLD.
It could be possible that bulk and superbulk users will pay a little less than the other users since they have lower renewal rates.
Last edited: