How do backorder auctions work?
This section only applies to domains caught with our tag (MELITAWEB) as part of the backorder process. In the event that more one person backorders a domain, and that domain is caught, there will be a three day auction starting from the day of the catch. All people who placed backorders will be notified. The opening bid will be £35 and the bidder will be the first person who placed the backorder. Any further bids will be in increments of at least £10 and, to stop auction sniping, any bids placed in the last ten minutes will extend the auction by ten minutes from the bid. After a price of £1000 bid increments are £25, after £3000 - £50, after £5000 - £100. At the close of the auction an invoice will be raised and, once settled, the domain will be transferred at our expense to the winning account holder.