How to Snatch an Expiring Domain
mikeindustries.com
mikeindustries.com
Love your site :)
I was trying to pickup http://goalbot.com about a year ago when it was on the verge of expiration. When I did some research the whole auction process seemed unreliable and a bit overwhelming to me, so I contacted the owner and got the domain for a very reasonable price. He obviously wasn't planning on renewing, so it worked out perfectly for both of us.
I suppose if I had read this article first I might have put in the extra work, but I'm happy with how everything worked out.
GoDaddy is the AOL of registrars.
Having said that, no matter how dirty GoDaddy makes you feel it won't be nearly as bad as any interaction you'll have with Network Solutions. Stay away from that at all costs.
It's been a few years since I got into a backorder struggle but at the time it was incredibly difficult and ended up dragging out for months and months.
They've had great customer service in the past and have solved a number of domain name issues for me.
If you buy a domain and don't renew, theres a ~45 day "redemption period", during which you can pay a fee to get it back (GoDaddy charges $80 for this). If you don't, the domain is released back into the wild by Verisign, and all registrars get an equal crack at it. The reason Pool has such a good chance is that they own 80 registrars, so they have 80 horses in the race. That's what the original article discusses.
However, in the last few years drop-catching has become largely irrelevant. Here's why, using GoDaddy and TDNAM as an example:
During that 45 day redemption period, GoDaddy auctions off the right to buy the domain via the TDNAM. If someone pays the fee, they'll renew it themselves to sell it, it never hits the wild again, and the drop catchers never get a shot.
This is how I got GeorgeWBushLibrary.com for $15 (paid TDNAM fee), which I then sold for $35,000 less than a year later.
Network Solutions has NameJet, enom has one too (forget the name). Between those 3, most domains are covered, making drop catching a dying art.
Edit: Its important to note that each aftermarket can only sell domains currently registered at their registrar. So TDNAM only sells domains regged @ GoDaddy, NameJet only sells domains regged @ NetSol, etc.
For expired names that were registered at Godaddy/Wildest, the name goes into a 10 day auction around 25 days after expiration. At the end of the 10 days, it goes to the highest bidder. Then the winning bidder has to wait another 7 days before the domain is in their possession.
Basically:
If the domain you want was regged with GoDaddy, Network Solutions, or eNom, buy it out of their aftermarket (much cheaper, better chance).
Otherwise hire drop catchers. You can hire several, because you only pay the winner. However, be careful what you're getting yourself into here - for that the original article is still very relevant.
As far as the players, SnapNames, Godaddy, and Pool still are still around. Enom's Club Drop is now NameJet. As mentioned in the article, Network Solutions had an exclusive agreement with Snap (now they are using NameJet). In the past few years, many more registrars have adopted this strategy where they partner with an auction service and make money when the domains are sold.
Most names with these partner agreements become available around 35 days after expiration. These names do keep their original creation date so it's as if the original owner transferred it to you rather than it actually deleting and being re-registered.
If the name is with a registrar who does not have a partner agreement or a name that is not backordered during the auctions, it eventually deletes around 75 days later where the actual dropcatching referenced in the article picks up.
Are there any good services that will either list expiration dates en-mass or send you some kind of a notification if a domain you are interested in is going to expire?
Unless he's the gigolo...
Something no one would want now would have to be much longer - and while it may not be as important as it once was to have a short domain name, it's still one more barrier to getting users on your site.
EDIT: I just did more research and apparently this has to do with the private registration for which we paid Y! an extra $9/yr. Apparently, GoDaddy was sending emails to contact@myprivateregistration.com (the email addy Y! uses for private reg), which is a black hole! http://www.sarahpin.com/2008/07/19/recent-researches-why-yah... Ugh.
From Mon-Fri there's a new list of domains up for grabs and the auctions close at around 10-10:30am.
I've been trying to secure the .com domain of a friend for the last few years. They are currently using the .biz, .net TLDs. Just when it expires it is snatched from my grasps and the owner hasn't responded to my emails. I believe this is because they are in the same business in the same geographic area so are competitors.
I actually had a scare where I was on vacation when the domain expired, blog, and all emails were stopped. I finally got it back after 2 weeks of wrestling with my registrar. After that I pay in 5 year blocks. Cheers, until 2013!
The dropbox guys claimed to have done just fine when all they owned was getdropbox.com but I'd be curious to know if there's been any change in traffic from people going straight to their new domain vs referrals from google, et al.
"Dropbox" is becoming enough of a name-brand that I'd be surprised if they didn't see a significant spike in traffic.
So no, I think domain names are pretty much worthless. Google is the URL bar. Scary.
To pick an arbitrary example: "gcc.com" belongs to a cement company and "gcc.org" to a church, yet apart from typing them in directly a minute ago I've never seen those sites, since Google/Yahoo/Bing all direct you somewhere useful like http://gcc.gnu.org/ instead. Thank goodness!
The name is/was newsvine.com they got acquired by MSNBC a year later, so I guess the name was worth it.
Still, I feel picking an uncontested two word name might be cheaper, less nerve wracking than going through the process described in the article.
I have no doubt this "shill bidding" goes on all the time. When the .asia TLD was opening up, you had to "register your interest" in acquiring any domain, and there was always, always another bidder. Some of the time they seemed real but other times I was highly suspicious that anyone would be interested in that domain. And sometimes the fake bids would seem to go against each other, often for ridiculous, obviously valueless domains like "americaneaglerjregionaljet.asia" etc (that is a real example).
That was pool.com too. I have no doubt whatsoever that the auctions were (deliberately) compromised then and I have no reason to believe anything has changed.
That said, with ICAAN fast asleep, what choice do we have ...
http://www.pcworld.com/article/181731/domain_auction_site_fa...