Owners renewing after the auction

[wo]

It's happened a few times now. I pick up a domain at auction for very cheap. A couple of days later, GoD emails that the owner renewed. I can see that happening if the auction closed very high, but why would someone pay the $80 penalty to renew a domain that sold for a cheap $25.

Ironically enough, this never happened for a domain that closed high. Recently bought a domain for $600 and was sure the owner will renew, but no, he let it slip.

I have a feeling that for domains closing in auction for less than $80, GD emails the owner to let them know that someone else bought it, because the $80 penalty fee is higher than the auction price. For domains closing over $80, they don't let them know because they want to keep the $600 or whatever it closed at.

Any info on this?

 

[biggie]

when bidding on pending delete names, there's always that chance



then too, if an owner checks and see's bids on a name they planned to drop, maybe they have second thoughts



or they got an offer on the name, after it expired, and the diff between GD fee versus profit from sale is greater.

 

[Name Trader]

Pending Delete names cannot be renewed by owners, Biggie

 

[HostPoet]

Pending Delete names cannot be renewed by owners, Biggie

Really... It sort of makes sense. I sense a great deal of corruption in all this!

 

[bmugford]

Pending Delete names cannot be renewed by owners, Biggie

Right, Pending Delete domains actually drop.

The issue here is pre-release domains.

There are several venues auctioning domains while the original registrant still has the ability to renew them.

Brad

---------- Post added at 09:31 PM ---------- Previous post was at 09:30 PM ----------

I can see that happening if the auction closed very high, but why would someone pay the $80 penalty to renew a domain that sold for a cheap $25.

There are ways to avoid the $80 redemption fee. I see it happen all the time with GoDaddy auctions.

 

[lennco]

I have a feeling that for domains closing in auction for less than $80, GD emails the owner to let them know that someone else bought it, because the $80 penalty fee is higher than the auction price. For domains closing over $80, they don't let them know because they want to keep the $600 or whatever it closed at.

Any info on this?

Interesting thought.
Makes you go Hhhmmmmm

 

[wo]

There are ways to avoid the $80 redemption fee. I see it happen all the time with GoDaddy auctions.

I know some registrars don't have the $80 fee. You're saying it can be avoided at GD too? How?

 

[bmugford]

I know some registrars don't have the $80 fee. You're saying it can be avoided at GD too? How?

Sure. There is a loophole in the system where you can transfer an expired domain out.
I see people do it frequently.

Brad

 

[Trader]

...

 

[DN_Hunter]

I have a feeling that for domains closing in auction for less than $80, GD emails the owner to let them know that someone else bought it, because the $80 penalty fee is higher than the auction price. For domains closing over $80, they don't let them know because they want to keep the $600 or whatever it closed at.

Any info on this?

I've had "expired" domains of mine sell at auction below $80, and I have never once gotten an email from GD that someone bought it.

 

[biggie]

Pending Delete names cannot be renewed by owners, Biggie

sorry, was thinking about "redemption-reactivation" period.

"pre-release" stage is correct

 

[Jasonn]

I've had "expired" domains of mine sell at auction below $80, and I have never once gotten an email from GD that someone bought it.

same here...