Is it too late to backorder - Redemption period ends today?

[UndergroundLare]

1. Is it too late to back order?

Status: Redemption Period
Updated date: 2 July 2011



2. When is the theoretical deadline to backorder if the domain entered redemption period on July 2nd?

3. I'm having trouble understanding whether snapname/ pool backorders are still useful after the domains enter "pending delete"

4. As soon as I backorder will snap names and pool try to solicit bids (advertise) for my backordered domain - in an effort to make it go to auction for more $$$? I don't want to attract attention even though it's not a very good domain for most people.

 

[RazorNF]

As long as the registrar still has control of it and it hasn't gone pending delete, they can theoretically still accept backorders for it.

Find out if the registrar is affiliated with any of the major dropcatchers, and check that site.

Once it hits pending delete, it becomes a free-for-all, so if you really want it, then you should still backorder, otherwise risk it going to someone else.

And yes, as soon as you backorder it, others will be made aware that there is interest in it.

 

[UndergroundLare]

The registrar is a little guy. I found a list that shows which registrars have agreements with which drop catch services--- and it is listed as unknown.

Does that mean it would be a free for all even if I do backorder it?

And as soon as I backorder, won't snap names try to screw me by advertising it in hopes for more people to backorder?

I am tempted to just let it drop and hand register it to not attract attention, but I'm afraid one of the "taster's" will keep snatching it.

---------- Post added at 03:41 PM ---------- Previous post was at 03:20 PM ----------

I just checked it again in the verisign database. It is now pending delete. Is there any point in using a drop catch service now that it is pending delete? Or should I hand register it in 5 days?

If someone could please outline a strategy for me that would be great.

The name is very specific to my use (I'm probably the only one that wants it... But I REALLY want it.)

perhaps I should enlist snapnames and/or pool the day before it drops in hopes that they don't have enough time to advertise it?

My goal is to get the name for 80 or less, so I'm fine with using a drop catcher if that's the safest method to use for a domain that has already entered "pending delete" status

Many thanks.

 

[Name Trader]

I think your best strategy is to backorder it at the last possible moment before it drops at all three of the major backorderers. SnapNames, NameJet, and Pool. But if you feel it isn't worth anything to anybody and it will definitely drop, and you are a bit of a gambler, then wait for it to drop and hand-reg it. Risky strategy, works sometimes. But if it's a "must have" domain, go the first route.

 

[DU]

I think your best strategy is to backorder it at the last possible moment before it drops at all three of the major backorderers. SnapNames, NameJet, and Pool. But if you feel it isn't worth anything to anybody and it will definitely drop, and you are a bit of a gambler, then wait for it to drop and hand-reg it. Risky strategy, works sometimes. But if it's a "must have" domain, go the first route.

I think "REALLY" want it translates to $69 or we have different definitions of "REALLY"

Does Pool still compete? I hardly ever read anyone talk about them anymore...

==========

Bear in mind that literally thousands of people "hand reg" and that some of these are using an API to catch on what appears to be mediocre names and doing it because they will reg 10 $7 names vs 1 $70 name. Some of these domainers even have their own registrar. I have seen names get passed over for $5 at Godaddy with up to 10 years of "history" only to be backordered for $69 a month later.

Someone like Namebright/Reberry has collected THOUSANDS of names.

If ONE of these people is interested they will beat your hand-reg. The question is whether you will regret not spending the $70. Now bear in mind if you are not alone it will then go to auction - my advice is to backorder as has been suggested and ALSO set a maximum budget should you get in a bidding war.

 

[Name Trader]

I think Pool are still the 3rd largest dropcatcher (without empirical evidence).

I acknowledge that Andrew Reberry has collected thousands of reasonable/good names. He must have incredibly deep pockets to go on his spending binge. So deep, that renewals probably don't influence him. It remains to be seen if he can sell enough of these newly registered domains to turn a good profit. He has a good platform at Huge Domains, imho.

You know it's always a gamble whether you drop-catch or wait to hand-reg domains. You've got to be lucky to 1) Avoid all the drop-catchers, 2) Avoid all the API users like Reberry, and 3) Avoid all the other hand-reggers. So basically you are estimating there is zero interest in the domain. If this is not the case, then OP should backorder.

 

[Kate]

I found a list that shows which registrars have agreements with which drop catch services--- and it is listed as unknown.

The so-called exclusive agreements (prerelease) are only valid for domain names that are not in redemption status. Now that the domain is in pending-delete it's going to be deleted and can no longer be recovered by the registrar.
So now it's a free for all. Your best bet is to place backorders at multiple places, snapnames being traditionally the most effective at this game. Even then there is no guarantee you will get the name but the odds are quite high.

 

[UndergroundLare]

Ok. Thanks for the advice everybody. I will back order it at a few of the drop catch services on the last day of the "pending delete" phase. Hopefully I won't be bidding against myself as some have alluded to in other threads, but I don't see how thats possible because only 1 service will successfully acquire it.

Next time this happens, I'll try to backorder either before the redemption period or during the redemption period (depending on whose post I read).

But in this specific case the registrar that holds this domain has no exclusive agreements with any of the drop catchers, so if i understand correctly, there would have been no advantage to backorder early.

It sounds like it is always a good strategy to backorder "late" in "the applicable expiration phase (redemption, pending delete, etc)" to prevent the drop catcher from trying to pimp your backordered domain now that you have flagged it as valuable.

Cheers
LR

 

[Name Trader]

You generally have to back-order it about Day 35 after expiry, at the drop-catcher which has an arrangement with the registrar. If they don't have any arrangement (as in this case), then you might as well wait until it enters pending delete, to place your multiple back-orders. Generally, SnapNames will be the winner, but not always. So hence the multiple backorders.

 

[DU]

Hopefully I won't be bidding against myself as some have alluded to in other threads..

I guess technically you could back-order the name with multiple ids and bid against yourself..?

The only thing that does happen is that people can get disappointed if they are the "only bidder" because that sometimes makes it seem that you paid too much. You should be happy because you've avoided further bidding (note: some sites don't allow multiple backorders - such as name.com)... and as mentioned there are many many many people who catch only true drops not wanting to spend the extra for these 'services' so had you not used a service you may not have won it.

Someone once said that it's a common mental inversion. As a mental exercise they said imagine getting a call saying you've won the lottery and the jackpot was $100 Million!!!

You let that soak in. You imagine your future.

Then they tell you that you have to split it with 10 other winners and pay 50% tax.

You let that soak in. The feeling is DISAPPOINTMENT. You're $5 Million richer but you FEEL $95 Million poorer.

Don't let this happen. If you win the backorder and you are the only one.

Be satisfied