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Article: Reserve Pricing Is Now Available to Domain Name Sellers on Bido.com.
- Article from:
- PR Newswire
- Article date:
- March 19, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOYNTON BEACH, Fla. , March 19 /PRNewswire/ -- The domain community demanded better quality domains auctioned on Bido.com and Bido has responded by addressing the core issue. Bido now allows sellers to sell their domains on Bido with a new reserve pricing format. If the buyers don't vote in agreement with their money, the sellers aren't obligated to sell. Bido even sweetens the pot a step further. If the seller's reserve isn't met, Bido will give the seller the option to accept the highest bid within 24 hours of the auction close.
Bido provides liquidity in a previously illiquid market!
The problem the domain name industry has faced until now is that ...