status-resolved NamePros really needs to work on auctions..

[AHDOnline]

The auctions here are ridiculous.. I've already noted about the end times, which is frustrating.

Being tagged almost every 12 hours is also a pain in the ass. I know people want to increase the bid but if i wake up to 3 alerts that you just tagged me im out.

The next item is changing the auctions. Like this one
https://www.namepros.com/threads/sold.1156320/#post-7420518

Auction started, I was interested. No Bin was set, auction was underway. Then he starts saying PM me for bin. Next thing he sets the bin and ends the auction. All this information should have to be set in the beginning of the auction to make it clear and not screw people up with misinformation and manipulating the auctions how you please.

I left this place for a few years due to issues like this and came back recently but its not much better..

 

[Bravo Mod Team]

Hello,

At NamePros, sellers choose how they want to run their auctions and buyers choose if they want to participant in those auctions.

You can find auctions that are run exactly how you like, and you can find auctions that are run in ways you dislike. That is the nature of an open platform. We do not specify anything other than the rules. The community decides the rest.

We are working on specific features that will standardize this process, but it will be optional. However, if you only want to see certain types of auctions, then you'll be able to do that soon.

Being tagged almost every 12 hours is also a pain in the ass. I know people want to increase the bid but if i wake up to 3 alerts that you just tagged me im out.

If anyone abuses this feature, please report them to us. You can also use the Ignore feature if you want to prevent their tagging from notifying you, but ignoring a member will hide all of their content on NamePros from you.

We hope that helps.

 

[AHDOnline]

so by your statement you knowingly allow auction manipulation and will support abuse.. nice..

 

[Lord Antares]

No one is manipulating anything, what are you talking about. Seller can choose whether he wants to set BIN or not. Even after auction start. You have to deal with that.

I do agree about the tags tho. They're annoying.

 

[AHDOnline]

How is it not auction manipulation? They don't announce a BIN, they see the auction is not going how they want and in the middle they invalidate all bidders by announcing a random BIN to get a higher price even when the auction is not that old. So whats the point of the auction besides letting them get a feel for the market value of the domain and then set a fixed price.

If you have an auction you set the parameters in the main post and let everyone know the process. When you have an auction that 120hours after last bid, and you dont have a bin then randomly set one after 15 hours you're not interested in an auction.

 

[Bravo Mod Team]

so by your statement you knowingly allow auction manipulation and will support abuse.. nice..

You did not report a manipulation of an auction. (If an auction was manipulated, then please use the Report link on it so we can investigate.)

However, it appears from what you wrote in your original post on this topic that you have not read the rules on NamePros:

• 6.2.3. An auction cannot be modified once a bid is placed with the exceptions of its Buy-It-Now ("BIN") price, bid increments, approving additional bidders, adding payment methods, and/or adding additional domains at no extra cost. Once a bid is placed, every allowable change (the exceptions just mentioned) must be posted to the thread as a new reply as well as updated in the original post before it becomes effective and valid (e.g., a BIN price cannot be accepted until this is done, but rule 6.2.10 applies). BIN prices are not reserve prices and therefore do not affect rule 6.2.10.
• 6.2.4. A Buy-It-Now ("BIN") price may be changed (added, reduced, increased, or removed) on an auction prior to it being accepted, in accordance with rule 6.2.3. The BIN price in an auction must be publicly accepted by a buyer.

Reading the rules will help you understand what to expect.

 

[Bravo Mod Team]

So whats the point of the auction besides letting them get a feel for the market value of the domain and then set a fixed price.

The point of an auction is liquidity: to sell to the highest bidder or whoever buys at the Buy-It-Now price first.

In no way does an auction at NamePros allow a seller to get a feel for market value and then set a fixed price (sellers can set a ceiling, though). The domain name will sell as long as the starting bid is met; there is no way around that. You may have misunderstood what happened in the auction and how they work.

If you have an auction you set the parameters in the main post and let everyone know the process

The process of the auction is defined by the main post and the rules. Understandably, this can be confusing for a new user because they may not realize that they need to read the rules to completely understand how auctions work, what could happen in an auction, and what is allowed in an auction.

It is very important for members to read the rules before using NamePros to avoid misunderstandings and issues, but we understand that many members do not read the rules. We are working on ways to improve that so everyone has a better experience.

 

[AHDOnline]

So multiple times you're calling me out because I didnt read the rules. Yes as a matter a fact i did read the rules so dont treat me like an idiot.

Im complaining about your so called rules because they dont conform to auction standards allowing manipulation of auctions and invalidate the point of the word auction. So you should call them, Bid on my domain until i dont get what i want and namepros allows me to do whatever i want sale.

 

[Bravo Mod Team]

they dont conform to auction standards

Whose standards? The third largest domain auction house in the world works the same way regarding adding Buy-It-Now prices.

allowing manipulation of auctions and invalidate the point of the word auction

What or who is being manipulated when sellers set a ceiling (maximum price) on their auctions?

For both buyers and sellers, it can help save time if the auction would otherwise run for many days (or weeks) more.

For buyers, it means they will not have to pay more than the Buy-It-Now price if they choose to accept it. If a buyer was willing to pay more than the BIN price, then that buyer walks away happy. If two buyers are willing to pay more than the BIN price, then whoever is most proactive wins. That is a positive reward. It also motivates buyers to make serious offers and bids to buy the domain instead of trying to increment by the minimum amount for months and wasting everyone's time.

For the most part, it's a very good thing and we have seen very few disagreements with that.

Please explain why you disagree.


Edited to correct "sellers" to "buyers" in the post.

 

[AHDOnline]

Three times now there was no BIN price, the auction was fairly young on this forum. Considering some go for 96+ hours after the last bid. Bidding was not stale but was not active as im sure the poster wanted. A BIN was set just slightly above the users bid allowing someone else to swoop in and use the BIN loophole to end the auction thus invalidating anyone elses interest in the auction.

IMHO there should be a set time to allow those currently bidding to see a BIN has been set and be able to respond instead of being basically blindsided to wake up to see the auction suddenly closed.

Since there is no way to set a proper max bid price and bidding way over the top just cheats yourself without any bin being set. Yes maybe you should start your bid at what you think the domain is worth but again that defeats the point of an auction.

 

[Bravo Mod Team]

Yes maybe you should start your bid at what you think the domain is worth but again that defeats the point of an auction.

It's worth noting that not all sellers add BIN prices to their auctions. Some sellers will never add a BIN under any circumstances.

Since there is no way to set a proper max bid price and bidding way over the top just cheats yourself without any bin being set.

Yes, we realize this shortcoming. We are thinking of ways to support proxy bidding.

IMHO there should be a set time to allow those currently bidding to see a BIN has been set and be able to respond instead of being basically blindsided to wake up to see the auction suddenly closed.

Let's say we require the BIN to be shown for 24 hours before anyone can accept it and now five people are waiting to accept it. If they all really want the domain name, then four of them are going to waste their time waiting until that very moment to accept it and only one person is going to walk away happy. Four other buyers are going to be unhappy because not only did they lose the domain name, they also wasted their time (possibly even had to set an alarm clock to wake up in the middle of the night to try to secure the domain name). This doesn't seem like a better solution.

A better solution might be to not allow setting of a BIN until the auction has run for at least 24 hours. This could give bidders an opportunity to place a serious bid that will possibly price out the other competing bidders.

What do you think?

 

[d-e-x]

The auctions here are ridiculous.. I've already noted about the end times, which is frustrating.

Being tagged almost every 12 hours is also a pain in the ass. I know people want to increase the bid but if i wake up to 3 alerts that you just tagged me im out...

Here you complain about being tagged in Auctions thread

...The next item is changing the auctions. Like this one
https://www.namepros.com/threads/sold.1156320/#post-7420518

Auction started, I was interested. No Bin was set, auction was underway. Then he starts saying PM me for bin. Next thing he sets the bin and ends the auction. All this information should have to be set in the beginning of the auction to make it clear and not screw people up with misinformation and manipulating the auctions how you please.

I left this place for a few years due to issues like this and came back recently but its not much better..

And here you complain because you did not got a domain which you wanted.
Now you are angry. And you are angry because someone was faster than you and that one like to receive notifications when he is tagged in the thread so he can't miss domain he want.
You know, when we post BIN in the thread every bidders on that Auction got a notification and everyone can post SOLD in the thread. But that is annoying to you, right? But complaining is ok. ? Being angry is ok. ? And over the top, you now want to change a NP rules to suit to you?
Oh man, too much noise from someone who is new on this forum!

 

[AHDOnline]

@dexdn . You are missing the points here. First I am not new to the forum. Yes everyone gets notifications but notifications and being tagged for no reason a dozen times in a post are again different. If you are tagged for a reason thats fine, like an important update such as BIN, or auction changes. So you can stop the noice by not posting nonsense.

I run over 1000 auctions a week through my company and have never had issues like this or being able to change so fast.

 

[AHDOnline]

Let's say we require the BIN to be shown for 24 hours before anyone can accept it and now five people are waiting to accept it. If they all really want the domain name, then four of them are going to waste their time waiting until that very moment to accept it and only one person is going to walk away happy. Four other buyers are going to be unhappy because not only did they lose the domain name, they also wasted their time (possibly even had to set an alarm clock to wake up in the middle of the night to try to secure the domain name). This doesn't seem like a better solution.

A better solution might be to not allow setting of a BIN until the auction has run for at least 24 hours. This could give bidders an opportunity to place a serious bid that will possibly price out the other competing bidders.

What do you think?

You're absolutely right its just to messy. I was bringing up a point and see no good change except not allowing a change in Bin midway through.

Either way im the only complainer here so lets move on.

 

[tldboss]

You were tagged once, not dozen times.

The alerts were notifications (for bumps or when other member placed a bid). If you don't want to get the alerts, you click on 'unwatch thread' after placing your bid and ask seller not to tag you - problem solved.

I think sellers should decide when to specify BIN, start of auction or mid auction, no need for NP to change the rule(s).

 

[AHDOnline]

So now you know how many times i have been tagged?

 

[MasterOfMyDomains]

@AHDOnline
I had to tag you. Your.it.lol
Sorry your frustrated, its all part of the game called doughmaining

 

[Ategy]

@AHDOnline .. Unfortunately a lot of what can and can't be done are due to technical limitations of the forum software. While there are disadvantages .. there are also certainly advantages (like being able to see the posting of the people involved which in turn helps you figure out who you can trust to what degree).

I actually see your frustration with the spontaneous BIN, but don't really see much of a solution. Yes there could be a 24 hour timer before it becomes effective (actually, it really should be the allowed time between bids that's used as pre-warning), but that's starting to really complicate the already often-broken rules, and as @Mod Team Bravo pointed out, still has other issues.


For the tagging, I suppose maybe a suggested trend would be to have people add something to their first or latest bid.

$1 [no tags]
$1 [only tag for BIN changes]
$1 [only tag for reasons X or Y]

In that case the only rule change NamePros would actually need to add is that sellers must respect the tag requests of buyers.

Unfortunately tag requests could only be done with bids, otherwise I'm sure there would be collusion and people would use the excuse to "bump" the auction threads for their friends.

I miss @Amanda...

How do you know @Amanda and @Eric Lyon aren't @Mod Team Bravo and @Mod Team Echo .. or @Mod Team Alfa and @Mod Team Foxtrot ? lol

 

[The Durfer]

adding reserve prices to auctions would be nice too.

 

[Bravo Mod Team]

For the tagging, I suppose maybe a suggested trend would be to have people add something to their first or latest bid.

$1 [no tags]
$1 [only tag for BIN changes]
$1 [only tag for reasons X or Y]

In that case the only rule change NamePros would actually need to add is that sellers must respect the tag requests of buyers.

Unfortunately tag requests could only be done with bids, otherwise I'm sure there would be collusion and people would use the excuse to "bump" the auction threads for their friends.

We've moved this topic to its own thread for further exploration:

• Tagging members in the marketplace

Thanks.