For the expert domainers ;-)
What about the new NetSol Next Rigth Registration service (NRR)? .. is that the name? :-S ...
Well.. the question is that I'm not a domain trader but I found a nice domain I'd like to get .. it is pendingtobedeleted or so.. by NetSol .. then I found something about NetSol/SnapName and almost did the back order, but I decided to research a little more, then I found about NRR which will accept the back-order 'only' if there is not a back-order by someone else already, I gave the domain name and it came back saying that there was one already (of course, this domain is really good) ... so, again. the question is: Is the game over here? because already NetSol sold the NRR to somebody, does it mean than nobody else, even Snapnames whit its agreeement can get it?
Another question is.. let's say that you put the back order with SnapN (which is free) and they get the domain but there is more people (I think the NRR could be SnapN ;-)) .. am I forced to go into the auction? do I have to pay the $60 anyway because they were able to get it? or can I wait and see the initial minimum bid and then if I want to go into the game send mi bid?
Thanks
For your second question, here are the answers:
1. First, the domain name must be expired but not yet deleted on NetSol's
end. During this "grace period", anyone can use SnapNames to reserve for
it.
2. Currently, if a SnapNames order has been placed for the domain name,
NetSol will transfer it to the winner instead of, say, deleting it from its
database and letting the domain name fall into redemption period.
3. If only one person "snapped" it when the domain name finally reaches
its "grace period limit", NetSol will transfer it to that person. That person
will then pay the $60 fee.
4. If more than one person makes a "snap" for the name, an auction will
take place until a winner is declared based on the highest bid.
5. By the time NetSol finally releases the domain name, SnapNames will
have chosen a winner and the name will be awarded to him/her/it. The
winner will pay the amount bid on the domain name.
Hope this helps.
Thanks for your answers. I was just reading more about the NRR service and look like it is not live yet.
http*¦¦customersupport.networksolutions.com/article.php?id=192
So .. you are rigth ... game is not over yet :-).
I'd like to know if you can clarify a little more about the acution proces with SnapN.. the question is:
If they are able to get the domain .. then you 'have to' pay the minimu bid ($60) and go into the auction mode? note that I'm assuming here that there is more than one interested in the domain. Or, because they got it and it went into auction mode .. can I decide at that moment not to be part of the acution and avoid paying the $60?
Thanks again.
thanks.
If they are able to get the domain .. then you 'have to' pay the minimu bid ($60) and go into the auction mode? note that I'm assuming here that there is more than one interested in the domain. Or, because they got it and it went into auction mode .. can I decide at that moment not to be part of the acution and avoid paying the $60?
There's no need for an auction to take place if you're the only one who backordered
for it, right? :)
If you're the only one and the owner doesn't renew on time, then NetSol will transfer
it to Snapnames. SnapNames, in turn, will turn it over to the lone person who made the
backorder.
As far as I know, once you're in the auction, you can't back out. So you have to make
an informed decision before jumping into the fray.
But once you have a SnapNames account, you can set a bid amount. I don't how long,
though, the auction will last until its conclusion.
