"Backorder" - Can someone explain

[tkerns05]

I have only been "domaining" for about 2 weeks. Can someone explain to me what exactly it means when I see a domain listed as "Backorder"? Does this mean I need to use one of the "grab it" type style sites to get a bid on this domain?

Thanks!
-Troy

 

[snowbird]

Backordering means that a domain name is already registered by someone, but if you want to "backorder" it, then it is possible you may end up with the domain when it expires if the original owner does not renew the domain.

 

[Ms Domainer]

*

Typical backorder companies:

--Snapnames

--Namejet

--Godaddy

--Pool (iffy, though)​

There are other dropcatchers as well.

There are two kinds of backorders:

PendingDelete (which means that the domain will drop from the registry, and any dropcatcher will have a chance to nab it).

Pre-release: the domain has expired, but it's still within the 45 days after expiration, so the original owner still has the option of renewing. Snapnames and Namejet have "deals" with registrars to auction off such names. These names don't "drop" but are simply transferred to the auction winner, IF the original registrant does not renew.​

Crazy, isn't it?

*

 

[Mobiller]

Hi MS Domainer,

What happens with my money if I dont win the bid/auction ?

 

[xtremex]

For godaddy they will credit your money in ur account. you can use that credit for another domain.

they wont refund you , but will credit in ur account

 

[paul7998]

Is it good for bid on backorder domain?
I have seen many domain name that are under backorder in godaddy but never actually used by anyone, I guess.