You will own it with your private key so you can transfer it directly to a buyer. We’ll have simple escrow contracts to enable on chain sales (without having to use a 3rd party) soon after auction.
We are building a WhoIs service which are tools for safe p2p domain transfers. These tools will consist of a place to add a contact address so interested parties can reach out to you about your domain and smart contract tools to list a domain in a contract that will allow for safe transfer from one user to another.
The WhoIs service is scheduled to go live in September following an update from Zilliqa.