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AutoRenewPeriod at Epik.com

Located in Domain Registrar Reviews started by bashariqbal, Oct 10, 2019.

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237

  1. bashariqbal

    bashariqbal Established Member

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    I have a .com domain name at epik which I wanted to transfer-out but it is not present in my account and when I contacted through chat support I was told it has passed autoRenewPeriod or renewal grace period of 15 days after expiry so I can neither renew it at normal price nor I can transfer it out.

    I did not know about that as I have very few .coms with them in the past and also I thought industry standard is 30 days. So is this a new thing or they always had this 15 days renewal grace period after domain expiration?

    Thanks in advance.
     
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  2. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO Gold Account VIP

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    Our standard grace period is 15 days -- it has always been. Upon request, we can extend it out to as much as day 35.

    As for our expiry stream:

    We send some TLDs to Snapnames on Day 36.

    On day 44, we send to our own "Daily Diamonds" reverse auction with prices dropping to as low as $9:

    https://marketplace.epik.com/daily-diamonds

    Details on Expired domain policy are here:

    https://www.epik.com/support/faq/expired-registration-recovery-policy/

    Two things for anyone having trouble with covering renewal fees:

    1. Contact us if you need a special arrangement. We have helped folks save entire portfolios from expiry by moving mutually agreed names into co-managed escrow accounts where we help sell off domains.

    2. We also do domain loans -- usually interest-free for up to 1 year. For a loan, the domain should be on Epik.com at the start of the loan. Apply here.

    For anyone who does not know the auto-renew economics, the registrar keeps those funds on deposit at the registry, e.g. in our case, it is many hundreds of thousands of dollars tied up in auto-renew and accrued rebate deposits at Verisign alone.

    Sometimes this can be a challenge, e.g. Neustar .CO domains registered at $0.99 in July 2019, come up for $20 auto-renew in July 2020. This is about $600,000 in auto-renewal based on on our July .CO registrations alone. It is what you might call a "Pig in a python".

    And now you know!
     
  3. Don Gondon

    Don Gondon Established Member

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    Just to clarify: if I grab a name from there, is it 100% purchase then (since it is operated by Epik and gets transitioned into my account), or it can still be beaten by another dropcatch service somehow?
     
  4. bashariqbal

    bashariqbal Established Member

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    Thanks for the reply @Rob Monster So to whom should I contact to extend the grace period?
     
  5. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO Gold Account VIP

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    Daily Diamonds is our private expiry stream -- that inventory is visible only at Epik, and can't be sniped. The only catch is that for the next 30 days, during what would have been the redemption period where a former registrant can ask to recover the domain. So, as a matter of caution, I would allow 30 days to elapse before shouting from the rooftops that you got some smoking deal on a daily diamond domain just in case the former registrant realizes their oversight even after 7 renewal notices.
     
  6. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO Gold Account VIP

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    PM @epik or me and we'll discuss your portfolio and see what makes sense for your unique situation and objectives. We have a lot more tools in the toolbox than most people realize.
     

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