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Is it common practice....

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For sellers to set a minimum asking price for a domain to encourage bids, then to subsequently reject these offers, going on to changing the asking price to a much higher value to make it seem like the domain has had large offers made for it....

This happened to me today, a $110 domain changing to $3000 after rejecting my bid. Seems a bit underhand!
 
domain prices

some people do not pay attention when listing domains at sedo ,over min price with the result they recieve small offers that they are not interested in, so to deter any small offers,especially if they are starting to recieve income from domain...jack up price to deter offers in future..or timewasters with silly offers....most do not know what income a domain will produce when first listed..many people are now finding ..sedopro..is generating a good income from good domains...so why sell..and if you have large portfollio..there are many domains that suddenly start generating income..I have one minor www???...suddenly generating £12+ per month reg...z
 
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