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  • Mybidd Escrow Faq



    What is Mybidd Auctions ?

    Mybidd Auctions is a marketplace for domain name buyers, websites, scripts, apps etc… and sellers. In exchange for allowing sellers to list their domains, Mybidd Auctions charges a percentage of the sale price once your digital product is sold. At any time, the seller may add one of the optional features to increase the exposure of a listed domain.

    Can I register a domain name through Mybidd?

    No. If you are interested in a registered domain name we will contact the other party on your behalf to negotiate the best price for you. you can use a service that will attempt to acquire the domain name for you.

    Our Domain Broker Service assigns an agent to you who works to contact the current registrant and negotiates a transaction. This service was designed to protect you and guarantee the money and domain name are exchanged when a deal is made.

    What happened when I received an offer?

    When you receive an offer for a digital product on site, you can either accept it, decline it, provide a counter offer, if you didn’t set the price on Buy Now.

    Why didn't I win my auction?

    There are three primary reasons why you may not win an auction:

    1. If the seller sets a reserve price and the auction ends without meeting the reserve, the domain doesn't sell to the highest bidder. To win auctions that include reserves, you must meet or exceed the reserve price.

    Note: You can tell whether a seller has set a reserve price, but you can't view the price itself.

    1. Mybidd Auctions ® may extend the length of an auction to allow potential buyers the opportunity to bid. If several bids are submitted in the final moments of an auction, you may lose out to one of these bidders.
    2. The original registrant decides to renew the domain name.

    Can I sell domain names on multiple websites?

    You can offer domain names/websites/apps etc… for sale on Mybidd Auctions ® and multiple other sites, simultaneously, if you list the domain as an Offer/Counter Offer or Offer/Counter Offer with Buy Now auction type.

    If you list the domain as a public auction, you can only list it with Mybidd Auctions . At the end of the auction, the highest bidder wins the domain. Auctioning domains on Mybidd Auctions while offering them on other sites violates the Universal Terms of Service you agreed to when you set up your Mybidd Auctions ® listing.

    Can I extend the time for my listing?

    No. You cannot extend the time for which an auction is listed on Mybidd Auctions . However, if several bids are submitted in the final moments of an auction, Mybidd Auctions may extend the length of the auction to allow potential buyers the opportunity to bid on the domain before the auction ends