The domain name forexspot.com was dropcaught by Pheenix on September 26, 2016, and in the ensuing auction it was won by a Ukrainian domainer.
A year later the domain was still with Pheenix and let to expire. Similarly to many other registrars, like GoDaddy, DynaDot, Name.com, and NameSilo, Pheenix run in-house pre-release auctions for expired domains.
I recently won forexspot.com in the expired auction for this domain. However, Pheenix did not deliver and have informed me that they do not intend to deliver the domain to me. I was informed about this after the auction had completed and I was waiting to get the domain. So I thought the past owner might have renewed the domain.
But it turns out that Pheenix are warehousing the expired domains of their customers. I already knew that they have their own domain portfolio, but I was not aware that they are cherry-picking domains from their users expired domains. I think in this case they should have owed up to their "mistake" and delivered the domain to me, rather than still go ahead and warehouse it, as I won it in an auction run by them. But completing their own auctions and maintaining the integrity of their own platforms is apparently not important to them.
What is warehousing? From Wikipedia: Domain name warehousing is the practice of registrars obtaining control of expired domain names already under their management, with the intent to hold or “warehouse” names for their own use and/or profit.
Pheenix are now offering the domain for sale for $18,995. And that tagline? "second to none customer satisfaction"? I beg to differ.
A year later the domain was still with Pheenix and let to expire. Similarly to many other registrars, like GoDaddy, DynaDot, Name.com, and NameSilo, Pheenix run in-house pre-release auctions for expired domains.
I recently won forexspot.com in the expired auction for this domain. However, Pheenix did not deliver and have informed me that they do not intend to deliver the domain to me. I was informed about this after the auction had completed and I was waiting to get the domain. So I thought the past owner might have renewed the domain.
But it turns out that Pheenix are warehousing the expired domains of their customers. I already knew that they have their own domain portfolio, but I was not aware that they are cherry-picking domains from their users expired domains. I think in this case they should have owed up to their "mistake" and delivered the domain to me, rather than still go ahead and warehouse it, as I won it in an auction run by them. But completing their own auctions and maintaining the integrity of their own platforms is apparently not important to them.
What is warehousing? From Wikipedia: Domain name warehousing is the practice of registrars obtaining control of expired domain names already under their management, with the intent to hold or “warehouse” names for their own use and/or profit.
Pheenix are now offering the domain for sale for $18,995. And that tagline? "second to none customer satisfaction"? I beg to differ.