Namejet PreRelease of renewed domains

[Doxy]

I just for fun did backorder photosoft.com at NJ just to "end" up in the private auction but when I checked Verisigns whois register where I saw that the domain had been renewed for another year at NetworkSolutions therefore I ask what is the point of the PreRelease private auction?

Also other domains like vtn.com, foodusa.com & skibay.com have been renewed for another year yet theire available for PreRelease at NJ, whats the point?

 

[mosilager]

It's one way the registrars and their partners make huge money from dropped domains!.

If a dropping domain has interest from potential buyers, it let's those buyers get into a bidding war.

if a dropping domain has no interest, than you might be able to snag it on the cheap!.

 

[Doxy]

It's one way the registrars and their partners make huge money from dropped domains!.

If a dropping domain has interest from potential buyers, it let's those buyers get into a bidding war.

if a dropping domain has no interest, than you might be able to snag it on the cheap!.

Thats a dropping domain, what about PreRealease auctions when according to whois they have been renewed for another year?

If I win a PreRelease auction will it end up just with a offer to the owner of the domain?

 

[iextreme]

Thats a dropping domain, what about PreRealease auctions when according to whois they have been renewed for another year?

If I win a PreRelease auction will it end up just with a offer to the owner of the domain?

Well it's Renewed by the registrar itself, NJ and Netsol have a tie-up, so if ur the buyer u would get the domain with approximately 11months validity left (excluding the days since the domain was renewed)

 

[Kate]

The name was not renewed by the registrant, so it is the registrar that pays verisign (the registry) for the renewal. If they didn't, the name would go into redemption.
They can still get a refund from verisign within 45 days. During that time frame they can auction the domain

 

[Erdy]

sdsinc, is right. These domains will be auctioned at namejet. There is no problem here. It is not the previous owner who renewed the domains vtn.com, foodusa.com and skibay.com.

This is how these auctions work. Pre-release means these domains arrive to namejet system from a partner registrar. Therefore namejet doesn't try to catch them because they are automatically pushed into the auction system by the current registrar long before they enter pending delete. Partner registrar domains (pre-release domains) never enter pending delete status. Because these domains never actually drop, they maintain their original registration date.

Pending delete domains are different. They will really drop and the second they drop everybody will try to catch them. Therefore you should backorder pending delete domains from as many backorder sites as possible. I usually go with two: snapnames and namejet.

When namejet first opened I contacted them and said they should call those domains "partner registrar" instead "pre-release". Partner registrar is much easier to understand. Partner registrar domains are only available on one auction house.

Doxy,
I don't understand your example for photosoft.com. You backorder the domain, namejet will renew it and then it will hold an auction only among those people who backordered the domain. What is wrong here? Nothing. Private means others who didn't backorder the domain can not join the auciton while it is running, which is the correct thing to do. What are you complaining about?

If I win a PreRelease auction will it end up just with a offer to the owner of the domain?

No. You will own the domain. Don't worry about it being renewed. That's part of the process with partner registrar domains. It wasn't renewed by the previous owner.

Recently I calculated what percentage of expiring domains are partner registrar and what percentage needs to be really catched by a dropcatcher. It turns out %65 of all expiring domains are partner registrar these days.

 

[Doxy]

Partner registrar domains (pre-release domains) never enter pending delete status. Because these domains never actually drop, they maintain their original registration date.

But if no one bids on the domain at NJ, your saying that Partner registrar domains they wount drop at all? I though that Networksolution would ask for refund = cancel renew and let them proceed towards Pending Deletion?


Btw I'm not complaining im just trying to understand their higly profitable business model.

 

[Erdy]

Hi Doxy,

Let me refine my previous sentence:

An expiring partner registrar (pre-release) domain that is backordered by somebody, will never enter pending delete status and will never actually drop . It will also maintain it's original creation date.

If an expiring partner registrar domain is not backordered by anybody, the temporary renewal by the partner registrar will be cancelled within 45 days. Then the domain will enter pending delete status and will actually drop. Pending delete status lasts a few days. The registry (verisign) provides pending delete lists. So all dropcatchers will show take that list and show the domain as a dropping domain on their website 4 or 5 day prior to its drop.

When it drops the same domain will go through a second auction stage. First it went to auction as pre-release and nobody took it. Then it will drop and a dropcatcher will catch it and auction again. Usually the second auction is 5 weeks after the first. During that second auction all dropcatchers have a chance to catch it.

If you are a registrar and a customer's domain in your system expires, what do you do? Simple.
a. You can take control of the domain and either keep the domain for yourself

b. You can create a domain auction section on your website and auction off these domains youself.
Example: https://auctions.godaddy.com/

c. You can have your own independent auction site
Examples:
namejet.com is owned by enom.com
snapnames.com and moniker.com are owned by the same group.

d. You can partner with an auction site and push your domains into their system.
Examples:
Dotster, directNIC, MelbourneIT, Register.com domains are pushed into snapnames system.
Network Solutions, and Bulk Register domains are pushed into namejet system.

e. You don't do anything and let the domain drop.

 

[Kate]

The registry (verisign) provides pending delete lists. So all dropcatchers will show take that list and show the domain as a dropping domain on their website 4 or 5 day prior to its drop.

AFAIK the registrars/dropcatchers compile their own lists, based on zone file analysis. I am not aware of verisign providing the service.

 

[Erdy]

sdsinc,
You make it sound very complicated. Basically they are reading data from a huge list of all domains in com, net etc tld's.

 

[Doxy]

I want to thank both Erdinc and sdsinc for explaining it in debt and also very clearly.