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How to Snatch an Expiring Domain?

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I recently found myself in the position of wanting to register a domain which was owned by someone else. The domain was set to expire in a week, and I figured there was a decent chance that the person who owned it wouldn’t be renewing it. Upon consulting the WhoIs registry on the current owner, I discovered the guy was a bit of a domain shark and didn’t seem to be around anymore.

So I placed a backorder through GoDaddy for $18.95 thinking that was all I needed to do. During the week that followed, I learned a lot about the domain expiration process. Two and a half months and $369 later, I am the proud owner of a shiny new domain. A really really good one.

This article will explain the domain expiration process and what you need to do in order to use it to your advantage.
More at:
http://www.mikeindustries.com/blog/archive/2005/03/how-to-snatch-an-expiring-domain
 
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Bump for very good article link
 
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Good article :tu: I didn't know what "redemption" was :)
 
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newbie here,

are people still reliant on dropshark or are there better options out there?

great article btw
 
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This is an old article and one of the first I came across when I started domaining, very inspiring story and a must read for any beginner. :)
 
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Note the date

Note the date of the article but it looks like most of it is true. No mention of Namejet but that ENOM.
 
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Very interesting read. Thanks!
 
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