Renewing an expired godaddy domain, help needed

[wcrmoney]

Hi,

There are a few sites in my niche that one of my competitors has forgotten to renew. They currently show a godaddy lander that says:

NOTICE THIS DOMAIN NAME EXPIRED on 05/10/2010 AND IS PENDING RENEWAL OR DELETION.

godaddy gives me a few options to be updated when it goes on sale, the cheapest of which is $22 and doesn't seem to actually offer any type of guarantee.

I'm doubtful that anybody else will try to pick up these domains as I pretty much dominate the niche, but if I can pick them up I should be able to cement the first page if not the first two or three.

Is my best bet to just pay the $22 and hope for the best?

How long does godaddy give the original owner to renew them?

When should the domains be available from other registrars?


The niche is pretty profitable so the $22 isn't that much of an issue, although there are quite a few of the domain names so obviously waiting till they are available for public would be the best option.

Any help would be great

 

[casualcom]

Any domain registered at Godaddy is going to go through their auction system before it's released and finally dropped.

Initially they list them in the marketplace at a $10 starting bid for a 10 day period. After that the listings change to a "buy it now" format starting at $9 and going down $1 each day until they reach $5. The renewal fee is added to the price so using "buy it now" at $5 will actually cost you around $13 using a coupon code.

If nobody bids or purchases these domains during the period above, they will enter the drop cycle.

Search below to see if these domains have entered the auction marketplace yet.

https://auctions.godaddy.com/

 

[casualcom]

All domains that are registered at Godaddy go through their auction house before being dropped.

Initially, they are listed at a $10 opening bid for a 10 day period. If you're the only one to bid you get the domain for $10 plus registration fees. If there a multiple bids than a normal auction takes place with the domain going to the high bidder.

If there are no bids placed during the initial auction listing, the domain goes into the closeout section. The domain is listed for 5 days with a starting "buy it now" price of $9. Each day that passes results in a $1 decrease until the domain is listed at a $5 "buy it now" on the 5th day. Buyers must also pay the registration fee on top of the buy it now price.

A Godaddy domain will only drop if it makes it through the process above with no buyers.

 

[wcrmoney]

Any domain registered at Godaddy is going to go through their auction system before it's released and finally dropped.

Initially they list them in the marketplace at a $10 starting bid for a 10 day period. After that the listings change to a "buy it now" format starting at $9 and going down $1 each day until they reach $5. The renewal fee is added to the price so using "buy it now" at $5 will actually cost you around $13 using a coupon code.

If nobody bids or purchases these domains during the period above, they will enter the drop cycle.

Search below to see if these domains have entered the auction marketplace yet.

https://auctions.godaddy.com/

Thanks for the info!

 

[Rexibit]

Wait until the last 10 minutes of those auctions and then make your bid. If you bid within the last 5 minutes, they'll extend the auction for another 10 minutes. So, it's always good to have all the auction pages up in multiple tabs.

It's also good practice to not even click on the domain for more info as this will show less interest to anyone just perusing through. This process works well for getting cheap domains that are dropping without drawing attention.

 

[casualcom]

Wait until the last 10 minutes of those auctions and then make your bid. If you bid within the last 5 minutes, they'll extend the auction for another 10 minutes. So, it's always good to have all the auction pages up in multiple tabs.

It's also good practice to not even click on the domain for more info as this will show less interest to anyone just perusing through. This process works well for getting cheap domains that are dropping without drawing attention.

^ True dat.