An Auction occurs when a domain name we sell or backorder has more than one interested buyer. It may also occur when we have a domain we want to sell to the public for any other reason. In the case of a backorder, a domain may go into a public or private auction when more than one backorder is received for the same domain name.
A private auction will require an invite and a public auction will be available to all our clients. In any of our auctions, the highest bidder wins the domain.