question Domain auctions: Why is expiration date important?

[Joe70]

I know this is a total newbie question, but I’ve noticed that domain auctions frequently list the domain’s expiration date. Why is the expiration date important in this context? Thanks.

 

[Silentptnr]

Because the cost of renewal can add to the cost of purchase if the renewal date is near. This is something a buyer calculates when considering a purchase.

 

[Joe70]

Okay, thanks. I only follow premium domains, where renewal costs are trivial relative to sale price.