I spend around $1,500 a month to renew names. Some I renew some I drop. Last month I was about to drop an .org name which has not much potential in my opinion. For some reasons I clicked to renew and got an email from Afternic/Godaddy agent last week asked me what is the bin because they have someone who is interested in the name. I pulled my hair, flipped the coins and told them $2,000. They came back and asked me if I am ok for $4,000 After 5 seconds serious thinking I said yes. Got pay 3 days ago - Fast transfer.