Highest bid on TDNAME (GoDaddy DN Aftermarket) : not mine ?

[moua]

I'v made the highest bid on tdname.com for a DN.

When i see the whois there is :
Updated Date: 13-aug-2005
Creation Date: 03-aug-2003
Expiration Date: 03-aug-2006

Just after i received an email :
Congratulations! You are currently the high bidder on Item Number xxxxxx, xxxxxxxxx.com, in the amount of $10.00.

[...]
Please remember that in accordance with the legal agreement that you acknowledged at the time of bid (http://www.tdnam.com/trpLegal.aspx?isc=dnabb521), even if you are the highest bidder, the current registrant may still renew this domain in the next several weeks. If they do, you will be notified by us and any funds returned to you. If the registrant does not renew the domain, we will process a change of registrant and move the domain into your account at GoDaddy.com in 45 days or less.



So, what is tdname for ?
What's the difference with the Backorder function (at godaddy) ?...
BTW, this domain expire on 03-aug-2006, that's not really a few weeks...

 

[daze]

from what i understand....
the names that are getting close to expiring in godaddy's database are offered on their aftermarket. if you make a bid but the name is renewed by the owner, your bid goes nowhere. you're basically bidding on a name in hopes that the owner doesn't renew. it's a flawed system. if you're a domain owner and see your domain name being bid up in the aftermarket, why wouldn't you just renew and slap a "for sale" page on there?

i paid for a subscription to this service, but it seems to be a waste. thankfully, it was only a few bucks for a year.

 

[deet]

WOW, I learned something new today, I had no idea they are actually auctioning off
your domain ih hopes you dont renew. thats amazing!

 

[daze]

WOW, I learned something new today, I had no idea they are actually auctioning off
your domain ih hopes you dont renew. thats amazing!

not in all cases. you can list your domain for sale there as well (https://www.tdnam.com/trpPricing.aspx)...

i believe the domain has to be in some kind of non-active status before they auto-list it on the tdnam site. looking for verification on that though...

 

[-db-]

Depending on what whois source you use, there is sometimes an artificial expiration date that shows up with an extra year added. You will be notified by email if the name is actually renewed by the owner, and the auction will be "closed". This will also show up in your account under names you've won, or are bidding on. If you've already paid for a "won" auction when a name is renewed, then you must wait for a refund. It's best to wait until the very last minute to pay for the auctions you win, because that decreases the odds of having your payment lost in limbo waiting for the refund to arrive.

The system is flawed, but there are some great names to be had (that are not renewed) if you can tolerate the problems. There are also some things you can do to help lower the odds of bidding on a name that might get renewed, such as checking the whois to see if you recognize the owner. Some people with big portfolios can have large numbers of names in the system at once because they are technically expiring. If you recognize the owners, and the names are high quality, you can use common sense to figure out they are just late renewing, and not bother to bid on those names - therefore preventing more of your money going into limbo.

There are other tips and tricks you will learn after you use the system for a while.

 

[nRnF]

...So, what is tdnam for ?...

I call tdman "Last minute appraisals"
That what it is good for

 

[homebuyer]

How it works, more or less

The domain must pass its renewal date before it goes to the 10 day auction. Godaddy will not auction off a name if it has not passed this date. Then, if you are the high bidder at the end of the 10 day auction you have to sit back and wait 60 days to see if the registrant renews it in the hold or redemption period. Godaddy will email the losing registrant again a few weeks after you have won your auction to see if he wants to renew it. If he does not renew it, then you have to wait until 60 has elapsed from when you won your auction. I never got that far because the registrants kept renewing on me. Must be because of godady's last ditch email to get them to renew.

 

[AdoptableDomains]

When the system was new, I bid on lots of names there. I probably actually got only about 25% of what I bid on, even as high bidder. However, many of them I did get for $10 plus registration fee. If the name is registered at godaddy, tdnam has priority over godaddy backorders. I wouldn't buy a GD backorder on a name already at GD or WW, since tdnam would take precendence.

Yes, they do put an artifical expiration date. check the whois at the registry (no regsitrar) to see the real date.

They do have a note now on the site that says

Effective Sept. 2, 2005 members winning expired domain auctions wait for just 2 weeks for the name to be reassigned

Maybe they are taking advice and not putting expired names up before the redemption grace period now. If so, that's great news for us who have paid for nothing and waited for refunds. I have noticed fewer seeminly good names listed lately, meaning this could be happening.

 

[-db-]

They do have a note now on the site that says....

Hallelujah, I just noticed that when I logged in. Definitely good news!

The light at the end of the tunnel is a bit clearer now. Keep going in the right direction Bob/GD.