It pissed buyers off buy yes you can transfer out on day 45, get a real world appraisal, see where it closes then transfer to Name.com for $8.25. I have not seen the same thing that Hookbox has seen. Working with Adam Dicker last year 4L.com that were at $1,200 with 3 days left, got renewed and immediately put up a 7 day public auction and not one name went over $400, names like oopo.com which later sold on Sedo.
From an interview I did with Paul when our very own Ms.Domainer asked about the 45 day auction rule, Paul commented the following:
Paul Nicks says
August 3, 2012 at 12:56 pm (Edit)
Ms Domainer, re: the 42/45 day question:
Good question and one that I sincerely hope I can clarify. First, I’ll underscore a point I made in the interview, we created the system to give our registrants the ability to keep or redeem their name as long as possible. With that as the backdrop, hopefully the following explanation will make more sense.
For many TLDs we are given a grace period of up to 45 days after expiration to decide whether to keep or drop a domain. On the 25th day after expiration, after three attempts to contact the registrant, we put our expiring inventory onto the Go Daddy Auctions platform to see if any of our other customers are interested in acquiring them. During the entire time a domain is at auction the current registrant is able to redeem that domain, albeit for a fee.
On the 42nd day we will cancel the domain name if no other customer has expressed an interest in it via either the auction system or a Go Daddy backorder. If, however, a customer has expressed an interest via either of these platforms we will move the domain to their account on day 43. Since the domain is still in the Go Daddy ecosystem we do allow, in rare circumstances, the original registrant to get the domain back via our redemption system up until day 45 which signifies the end of the grace period.
Our help documentation (
http://support.godaddy.com/help/art...s-for-handling-expired-domain-names?locale=en) specifies day 42 for deletion because our registrants need to understand that if they do not redeem prior to that date they could lose their domain forever. However, we will continue to err on the side of the registrant when it comes to the edge cases where a domain owner calls asking whether they can get their domain back after day 42.
I hope that helps ease any confusion around this topic.
-Paul