I was thinking of getting a domain name for my new startup company. This means, money is tight and I'm willing to spend around $100 for it and have been waiting for 2-years (since I missed the registration by mere weeks)! Looks like it might happen.
The domain is intended as a company name and is likely to not have too many people interested, considering somebody registered it only 2 years ago with nobody back ordering it at GoDaddy currently.
The domain IS registered with GoDaddy currently and is a .com. So I was going to backorder using GoDaddy's backorder system only to find out they automatically put domains up for auction at tdnam.com (which is owned by GoDaddy).
What is the best way to try and get this?
a) wait until it goes to auction at tdnam and bid at the last moment?
b) backorder now while I still can? how long can i wait anyhow? when is the best time to backorder?
c) any other suggestions?
I have done a bunch of searches and researched this for some time now, but it seems with GoDaddy you are practically out of luck with 3rd party backorder services (like pool and etc) since it goes to auction before being released. Am I correct?
I would appreciate some help, since the information on the net on this topic is very vague and lacking.
I'd wait for it go to auction (usually 25 days after expiration) and then start watching closer towards the end of the 10 day auction and bid at the last minute. The risk you run by using the backorder service or bidding early in the auction is that someone else may see your bid and jump on it.
Godaddy does not work like the other auctions where you automatically win the domain if you are the only prebid/backorder.
terrellm your information is worng on all accounts. Without backordering you don't get into the auction as most (not all) are private with only those that placed a backorder able to get into the auction. So without putting in a backorder you can get into the auction.
I have purchased several domains using godaddy and I have won several domain names being the only one to backorder it. If your the only backorder you win by default.