Some domains are listed by private owners or the sponsoring registrar with a minimum reserve amount. In these cases you will see an "R" icon to alert you that there is a reserve bid amount for the domain.
This means that the domain owner has defined the minimum amount they will accept for the domain. Please note that the reserve bid amount is not available, nor made public. Once the minimum bid has been reached, the icon will go away.
Reserve Bid Auction Process
All bidders with accounts in good standing, who have entered the minimum backorder bid (typically $69), will be included when the auction starts. The "R" icon on your backorder list and auction page will be your indicator that the Reserve Bid has not been met. The Reserve Bid must be met once the auction starts in order for the domain to be sold.
Example one: after the auction starts, you may see that the current high bid is $200, and bid page displays Reserve Not Met. You can enter $210 (the next bid increment), and your bid will be accepted and you will be the High Bidder, even if the Reserve has not been met. If the undisclosed Reserve Amount of $400 is not met during the auction, the domain will not be awarded.
Example two: if you are currently the higher bidder at $210, and you enter a proxy bid that is above the Reserve Bid (such as $500), we will only bid up to the minimum amount required. You would immediately be winning at the Reserve Amount (in this case $400, with a proxy of $500). If you should later be outbid by another NameJet bidder, the system will automatically continue to bid on your behalf up to your proxy amount of $500. You will always receive an email if you are outbid, with the option to increase your bid if you are still interested in doing so while the auction is on-going.
When the auction closes, if the Reserve has been met (or exceeded) the domain will be awarded to the highest bidder. Domains that do not meet the Reserve will remain unsold.