advice My domain expired and sold for $15000 in GoDaddy auctions.

[hmk]

My domain expired and sold for $15000 in godady auctions.
I have question
1. What right registrar have to sell my expired domain in auction and take all money. (inatead of dropping name from registry or give money to original owner)

As this is not fair and registrar is getting big money for free.

 

[bhartzer]

Once the domain name is expired, it's no longer your domain name. The registrar can do what they want with the domain.

 

[Fka200]

Sent you a PM. GoDaddy just took back a name I won at auction 3-5 weeks ago… super weird situation (I guess?) and it was a very good domain name (at or above the price you stated).

No explanation given, just taken away.

 

[Namingfy]

Is it just me or do investors just not like buying from other investors?

Like here, they don't mind paying $15k to godaddy but refuse to pay $10k for the exact same thing if an investor owns it.

It could be been bought by either an investor or an end user.
So, it's not uncommon for the name not have sold for $10k, if the name didn't have visibility.

What if an investor or an end user who would buy it for 5 digit never got to know that the name was on sale for $10k.

Besides, during auction, the name gets popularity after certain number of bids and that popularity drives the price up - excluding shill bidding cases.

Mainly, what matters is 'visibility'.

 

[Namingfy]

Once the domain name is expired, it's no longer your domain name. The registrar can do what they want with the domain.

That's how the CURRENT system and policies have been designed.

Ideally, if the expired names don't belong to the registrants they don't belong to registrars too - since they never paid for it. They already got their margin for domain registration. If they've right to auction and sell, it means the domain is still 'not returned to registry'. Names not returned to registry must be owned by someone. It should be the one who paid for it. Fair enough the owner is given grace period, after which redemption period kicks in. But, until the domain is returned to registry for open market purchase, the registrar can NEVER become the owner let alone the rights to auction and sell it. ETHICALLY, until the name gets deleted from the 'registry', the name shouldn't be auctioned/sold by the registrar.

 

[Jv1999]

That's how the CURRENT system and policies have been designed.

Ideally, if the expired names don't belong to the registrants they don't belong to registrars too - since they never paid for it. They already got their margin for domain registration. If they've right to auction and sell, it means the domain is still 'not returned to registry'. Names not returned to registry must be owned by someone. It should be the one who paid for it. Fair enough the owner is given grace period, after which redemption period kicks in. But, until the domain is returned to registry for open market purchase, the registrar can NEVER become the owner let alone the rights to auction and sell it. ETHICALLY, until the name gets deleted from the 'registry', the name shouldn't be auctioned/sold by the registrar.

I disagree.

Why do storage companies get to auction off uour unit contents if you don't pay?

Same thing

 

[Namingfy]

I disagree.

Why do storage companies get to auction off uour unit contents if you don't pay?

Same thing

Storage companies charge 'rent' for the space.
If you didn't pay the rent they've right to auction of your stuff and claim the proceeds.

When it comes to domain name, the registrant has already paid the price for the entire period - until it get deleted from the registry. So, no middleman can take ownership in between.

 

[Jv1999]

Storage companies charge 'rent' for the space.
If you didn't pay the rent they've right to auction of your stuff and claim the proceeds.

When it comes to domain name, the registrant has already paid the price for the entire period - until it get deleted from the registry. So, no middleman can take ownership in between.

It's stil the same thing. When the domain expired, the registrar is still "housing" the domain when the registrant no longer has a right to it. You paid a yearly rental fee that covers literally 365 days.

 

[Namingfy]

It's stil the same thing. When the domain expired, the registrar is still "housing" the domain when the registrant no longer has a right to it. You paid a yearly rental fee that covers literally 365 days.

The period of housing is not decided by the registrar, it's decided by the registry. Grace period and redemption period are set by REGISTRY not by REGISTRAR. The grace/redemption period varies for each TLD.
So there is legitimate room until which the owner can regain their ownership - as permitted by the registry.
Once that period is expired the name should be released back to registry. And should be available for public sale. WHY HOUSE the names which don't belong to you and sell it?

Again, this is 'current model' which needs to be policed BY THE REGISTRIES and STOP the REGISTRARS from exploiting the domain owners, including taking away names from domain owners and sanctioning domain owners from transferring their names to other registrars/registrants.

And, REGISTRIES MUST IMPLEMENT RULES to make sure that registrars can't house the names beyond expiry and can not sell them without the consent of the registrants.

 

[ivey]

Sent you a PM. GoDaddy just took back a name I won at auction 3-5 weeks ago… super weird situation (I guess?) and it was a very good domain name (at or above the price you stated).

No explanation given, just taken away.

You probably should open a separate thread for this. I know there's a 2, maybe even 3 week window after an auction is won for the original owner to still redeem their name. But usually once you get the name in your account... that window should have already past for you to get the name in the first place. so an extra 3-5 weeks is very abnormal after you take ownership.

 

[Aiisha]

My domain expired and sold for $15000 in godady auctions.
I have question
1. What right registrar have to sell my expired domain in auction and take all money. (inatead of dropping name from registry or give money to original owner)

As this is not fair and registrar is getting big money for free.

In the case of GoDaddy, they typically auction expired domains as part of their standard procedures. When a domain expires, registrars like GoDaddy may choose to auction it to recover costs instead of immediately releasing it. This is usually outlined in their terms of service. While it might seem surprising, it's a common industry practice. To understand the specifics of your situation, review GoDaddy's terms of service or contact their customer support for more details.

 

[Namingfy]

You probably should open a separate thread for this. I know there's a 2, maybe even 3 week window after an auction is won for the original owner to still redeem their name. But usually once you get the name in your account... that window should have already past for you to get the name in the first place. so an extra 3-5 weeks is very abnormal after you take ownership.

This is where the REGISTRARS play a dirty and scandalous game. They sell name in an auction, and they also permit the original owner to redeem their name. It's not ethical at all by any means.

If there is no guarantee of the name being delivered to the auction winner why would they auction it at all? REGISTRY must punish such registrars.

 

[Zsolt Bikadi]

I have found two domains in the past two weeks around 15k:
yogasana.com (15500)
32bet.com (15000)

So most probably 32bet?

It is just GoDaddy with its huge exposure who can sell such a name for 15k, you could wait forever for a buyer.

 

[VadimK]

So, what's the problem? The fact that it was sold for $15000 or that it was sold by the registrar? Regardless, it shouldn't really matter since as many people pointed out - it was no longer your domain.

But I wanted to say something different. Just take it as a lesson and move on. Don't attach emotions to it. If you didn't get these $15000 - it just never meant for you at this moment, on a greater and deeper level.
It's like complaining why someone else won the lottery and you didn't.

Less emotions, more analysis (if you plan to stay in this game) and chances for your $15000 will improve significantly.

Good luck!

 

[karmaco]

This is where the REGISTRARS play a dirty and scandalous game. They sell name in an auction, and they also permit the original owner to redeem their name. It's not ethical at all by any means.

If there is no guarantee of the name being delivered to the auction winner why would they auction it at all? REGISTRY must punish such registrars.

You have been ranting non stop on this thread because you didn’t renew a name and the name got auctioned off— just like every other name that drops.

Why is your case so special when you knew when you let it drop what happens? Stop playing victim.

You don’t get to make the rules. Of course the registrars want to profit off ownerless domains via auctions. Its how they make MONEY.

If you want to be mad you should be mad at you. You still never answered why you let a domain you valued at 10K drop? This is all your doing.

 

[Namingfy]

You have been ranting non stop on this thread because you didn’t renew a name and the name got auctioned off— just like every other name that drops.

Why is your case so special when you knew when you let it drop what happens? Stop playing victim.

You don’t get to make the rules. Of course the registrars want to profit off ownerless domains via auctions. Its how they make MONEY.

If you want to be mad you should be mad at you. You still never answered why you let a domain you valued at 10K drop? This is all your doing.

Maybe you want to read the original + related posts and reply to individuals accordingly.

 

[marijuanadomain]

what the name of the domain?

 

[Yusupbabay]

what is the domain name?

 

[Zilla]

Once dropped, trust me, pls never pay attention to it, otherwise, easy been hurt....

 

[hmk]

I know that i should renew
domain in time to keep domain.
But my point is registrar shouldn't have right sell domain and pocket big amount$$$$$.

Domain should be dropped from registry after expiry, so anyone can register for normal price.

 

[DrJacoby]

But my point is registrar shouldn't have right sell domain and pocket big amount$$$$$.

They have that right, regardless of your feelings and opinions, so put on your big boys' pants and move on.

 

[megabytee]

lol what is the domain name? curious :D

 

[Lauren Stephens]

My domain expired and sold for $15000 in godady auctions.
I have question
1. What right registrar have to sell my expired domain in auction and take all money. (inatead of dropping name from registry or give money to original owner)

As this is not fair and registrar is getting big money for free.

if it expired, it is NOT yours.

 

[equity78]

Is it just me or do investors just not like buying from other investors?

Like here, they don't mind paying $15k to godaddy but refuse to pay $10k for the exact same thing if an investor owns it.

They don't. Written about it numerous times. It's just one of those things.

 

[equity78]

I’d suggest not paying any attention to prices at Godaddy auctions. What you see as being the end result, isn’t always the final sales price.

True a lot of rollbacks

 

[equity78]

I know that i should renew
domain in time to keep domain.
But my point is registrar shouldn't have right sell domain and pocket big amount$$$$$.

Domain should be dropped from registry after expiry, so anyone can register for normal price.

Well if the name had any value it would not have available for reg fee. DropCatch or Sav or SnapNames would have caught it. So even if GoDaddy could not auction off, great names are not dropping for reg fee.