in my first Domain Auction

question about bidding

[microcars]

so one of the Drop Catchers got a domain I want and I am now apparently in "auction mode".
this is a first for me.

I can't find the answer to my question on their website.

If I enter a slightly higher bid and become the "high bidder" for the moment, can I still go back and enter a Proxy Bid for a higher amount LATER if I am still the High Bidder?

I know that it works this way on eBay, but its not clear on this Drop Catcher's site.

[Webwork]

Sounds about right. Every domain auction I've participated in allows increased bidding up to a cut off time and, in most cases, if a bid is made in the last minutes, most will extend the bidding briefly.

There benefit of "proxy bidding" (system bidding) is that the system automatically keeps increasing your "made bid" as others bid up the price, until your max bid is exceeded. Then you have to increase your max bid once more to stay in the automated system or otherwise keep in the live bidding.

The trick is you always check in in the final minutes of bidding if it's a domain of great interest.

Of course, the final determination of exactly "how things work" depends on the actual terms of service of the auction site - so read them carefully and run questions past the support email of the auction operator.

[gamb]

yup, sounds right. Be ready for the bidding to go way up in the hour before the auction closes....

[voltrader]

If it's a good domain, don't bid until near the end of bidding as Webwork pointed out.

Why? If you bid more than the current high-bidder they will receive an e-mail alert. You don't want them on-their-toes.

Next step: **Pray** that the "usual suspects" aren't involved in your auction!