slaich
Established Member
- Impact
- 25
Recently, I was bidding on one of the Expired Domain Name on Godaddy Auctions. I liked the name a lot and done with all the home work before placing up the bids.
Few days were left of that Domain, thought going to investor app to check recent bids. Suddenly, the auction of that domain wasn't there. Got to know from Godaddy that Owner renewed the domain (I don't know how much fees owner has to pay to renew pending delete domain).
This is the good way of getting the value of Domain in wholesale market or may be 2-3 end users might be present in auction to buy the domain and auction price would go high naturally. Also, this way Domain Owner will get insights how much demand is present of his Domain.
I don't like the way this system works. Once, domain gets into the Auction, the renewal has to be irreversible. After-all the auction money goes to Godaddy and its their revenue.
What are your views folks?
Few days were left of that Domain, thought going to investor app to check recent bids. Suddenly, the auction of that domain wasn't there. Got to know from Godaddy that Owner renewed the domain (I don't know how much fees owner has to pay to renew pending delete domain).
This is the good way of getting the value of Domain in wholesale market or may be 2-3 end users might be present in auction to buy the domain and auction price would go high naturally. Also, this way Domain Owner will get insights how much demand is present of his Domain.
I don't like the way this system works. Once, domain gets into the Auction, the renewal has to be irreversible. After-all the auction money goes to Godaddy and its their revenue.
What are your views folks?