I came across a domain on Sedo for sale for $x,xxx. I just happened to type it into Godaddy to see what other extensions are available and I see it is up for auction and the current price is $xxx with no bids.
It is a fairly niche domain and I can't imagine that many other people would be bidding.
My question is, if I bid the minimum amount and I am the only bidder, will I automatically win the auction? I know it sounds like a stupid question, but I want to know if there is some kind of "hidden reserve" or is it possible for the seller to change their mind if they don't get many bids? Any other tips/advice would be appreciated.