|was still wondering whether or not there is a grace period for the original owner to renew the domain |
Yes, but the exact time periods depend first on the tld and then on the individual registrar.
I have to link to this because it's so adorable:
Thank you. Good link :)
I was doing a bit more search on this topic and only got more confused:
|there will always be 30 days redemption grace period, and 6 days pending delete. Sometime there are registrar hold, about 35-40 days after expiration date. [webmasterworld.com...] |
I read a few threads recommending SnapNames however, I read on other threads that entering the domain on SnapNames will trigger competition and sometimes Network Solutions may review the orders and bid themselves. Is this true? Now I'm getting paranoid.
I called GoDaddy and asked for their advice and one person said youre better off just waiting until its dropped.
The domain does not get decent traffic and has been parked for the past couple years. However, it is a nice popular keyword.
What should I do? Should I wait until the status is Available or should I submit it to SnapNames?
I finally decided to bid and not wait for a drop cause the domain seems to be a premium domain.
I decided to bid through NameJet instead of SnapNames cause it was initially registered through Network Solutions.
Should I bid using both services or is NameJet (which Network Solutions redirected me to) enough?
do both services charge you upfront, or only if they catch the domain?
only if they catch the domain.
then what is the downside of using both?
I actually decided to use both after your post :)
However, I was afraid I'm kinda broadcasting to the world that hey I'm interested in this domain so lets start bidding!
I didn't want the sites to trigger emails that hey you have another bidder but oh well, I did it anyway and will see what happens.
I will share with you the experience and the result in 2-3 weeks :)
Just wanted to share the result.
First of all, I have been following this particular domain for months. I was initially planning to wait until the domain was released not knowing about SnapNames and how they work. Silly me!
After checking the name on Domain Tools over and over I noticed the change in the domain status which made me realize that I need to research what it meant. And then I learned about the big company names which basically directed me to Snap Names and Name Jet. Thats how I learned about them.
I signed up on both however, learned that since the domain was from Network Solutions, NameJet has a higher chance of getting the name.
During the auction, (that lasted 3 days) I noticed no one outbid me for the last 24 hours. I waited and waited until the last 5 minutes and was very excited that I was still in the lead.
Only 2 minutes left, I kept refreshing the page until a "domainer" popped up and increased the price by $2,000.
I dont know why they waited until the last minute but finally I won the domain. :)
The mistake I made was once I signed up on Snap Names and Name Jet I realized that the number of bidders grew by 30. I should have simply waited until last day before I signed up. It may have worked as a trigger.
Also another mistake I made was in order to figure out the value of the name, I made an offer on Sedo days before the auction began. Since there were no offers Sedo showed 0 bids on the name until I made an offer kinda provoking people that it is a wanted name. ;(
1) Learn about these companies that snatch dropped domains. If its a valuable domain, be sure that it will go through auction before ever being released to public.
2) Google the usernames before the auction ends and try to learn a bit on who you're betting with.
i.e. for example I noticed two of the users had bid and won domains for over $7k the previous week meaning they had enough money to purchase domains.
Later on I learned the person who was bidding the last 2 minutes owned around 1,000 domains and has been in the web business for years. He is pretty well known. I did a whois on the domains he previously won on Name Jet to find out more info on him.
3) Keep refreshing the page the last few minutes until the auction ends and you see a congratulation sign otherwise I would have thought I was still in first place and may have lost the auction.
Anyway, just thought I'd share the little that I learned in the domain business.
Good luck and thanks for your help.