two bidders for one domain

sdsinc · 03-12-2011, 02:09:38 PM

The way I understand this, your counter-offer is binding for 7 days unless another bidder steps in and agrees to be bound before bidder #1 makes a decision

Now I wonder what happens to bidder #1, do they receive a notification that the domain name sold early and they lost because they procrastinated etc.

sedo · 06-12-2011, 08:21:31 AM

The seller is able to reply to both offers. Whichever buyer accepts first will get the domain. The bid thread of the other interested buyer will be closed and that buyer will see a notice that the bid thread has been closed.

bensd · 06-12-2011, 10:16:28 AM

Quote:

Originally Posted by sedo

The seller is able to reply to both offers. Whichever buyer accepts first will get the domain. The bid thread of the other interested buyer will be closed and that buyer will see a notice that the bid thread has been closed.

Thanks for clearing it up

domainseller200 · 07-12-2011, 08:29:47 AM

Coincidentally I am in this exact situation now !

I had an offer on a name on December 5th to which I countered
I then received an offer on the same name on December 6th

So using Joanna's advice I have just countered the second offer.

I now sit back and wait

06-12-2011, 08:21:31 AM	#12 (permalink)
sedo Sedo Staff Join Date: Aug 2005 Location: High Holborn, London, UK Posts: 1,060 No Classified Ratings Domain Trader Rating: (100% / 1)	The seller is able to reply to both offers. Whichever buyer accepts first will get the domain. The bid thread of the other interested buyer will be closed and that buyer will see a notice that the bid thread has been closed. __________________ http://www.sedo.co.uk joanna.birch@sedo.com

07-12-2011, 08:29:47 AM	#14 (permalink)
domainseller200 Join Date: Jun 2007 Location: wales Posts: 2,594 No Classified Ratings Domain Trader Rating: (100% / 55)	Coincidentally I am in this exact situation now ! I had an offer on a name on December 5th to which I countered I then received an offer on the same name on December 6th So using Joanna's advice I have just countered the second offer. I now sit back and wait __________________ Colour Blind Test \| Louise Porter \| Fwitter \| Charlie Brooks \| Gemma Bissix \| Commercial Offices \| Tribal tattoos \| Cheap Holidays

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03-12-2011, 02:09:38 PM	#11 (permalink)
sdsinc Join Date: Aug 2005 Location: off the cliff Posts: 160 No Classified Ratings Domain Trader Rating: (0% / 0)	The way I understand this, your counter-offer is binding for 7 days unless another bidder steps in and agrees to be bound before bidder #1 makes a decision Now I wonder what happens to bidder #1, do they receive a notification that the domain name sold early and they lost because they procrastinated etc.