Earlier quoted context omitted.
I think the point is that he picks it up before anyone else does in your behalf. He's doing the equivalent of standing in line for you outside the Apple store on iPhone 7 release day and then charging you a premium for his services.
yeah but this can be done for much less and if the domain is actually worth anything (it has backlinks, age, and traffic) you will pay for more than $99 since you will be competing with many other bidders. This is a huge industry and you're competing with Russians , eastern Europeans and others who scan for domains thousands of times a minute and check them for rankings and other factors...Very seldom does a good dom…
People want things for a whole variety of reasons.