Unstoppable Domains
 23:21:57:26 

Please Explain Why I Receive Offers for Domains in Redemption Period?

Labeled as question in General Domain Discussion, started by DeluxeNames.com, Dec 18, 2020

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  1. DeluxeNames.com

    DeluxeNames.com Established Member Trusted Contest Holder ★★★★★★★★★★

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    I received another email today offering to sell me a domain that is currently in redemption period about a week from dropping. If I replied "Yes," how are they going to sell me something they haven't even won yet? Maybe they would try to stall me for a week pretending they are preparing it for transfer? And if they don't win the auction, they "change their minds"?

    This woman's name didn't match the man's name on the whois info and she sent me the following email today from a gmail address:

    "We noticed that you own xxxxx.com? Do you have any interest in xxxxxx.com? If so please let us know and we will get back to you with the full details.
    I wish you a great day!"

    Thanks for helping me understand
     
    Last edited: Dec 18, 2020
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  2. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP

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    The WHOIS typically still shows you.

    Two things:

    1. People are tired of getting their butts kicked in the drop auctions. So they are frontrunning the drop by contacting people who hold names in redemption.

    2. Most non-crap registrars are still waiving redemption fees for .COM. Verisign waived redemption fees through year-end so good chance the domain is recoverable for non nose-bleed.

    DM if you need help.
     
  3. DeluxeNames.com

    DeluxeNames.com Established Member Trusted Contest Holder ★★★★★★★★★★

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    Much appreciated Rob and good to see you again. We spoke via phone 3 weeks ago. I still think you should be "Monsta Host" and I have this domain & website to sell you for only $300 total for both, take a look: http://MonstaHost.com/

    Rob, a few weeks ago I front ended a drop auction by getting in touch with the owner 2 days before it dropped. I offered the owner 4k and they are demanding over 10K. I wish I let that one drop so will think twice before I front-end an auction again.
     
    Last edited: Dec 18, 2020
  4. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP

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    Yes, good to hear from you. We have a lot of brands as you might recall:

    https://www.epik.com/about/labs/

    I doubt I will ever brand anything in my own name. :) For clarity on why, see Romans 12:1.

    As for redemption names, engaging people with redemption names has a relatively low success rate but sometimes you will find some gems. CSC routinely drops domains that they should never drop, for example. They are not alone. Many smaller registrars have no auction of the expiry stream, and have nobody monitoring it either. A small player can't compete with a dropcatcher but they can definitely go around them by contacting the registrant!
     
  5. Bravo Mod Team

    Bravo Mod Team Moderator, NamePros Moderator PRO VIP Gold Account

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    For offers on your own domains, this often happens because there are many lists of expiring domains (automated and hand-curated lists) that your domain will appear in once it expires. There are also a lot of tools that help sort through those lists to find domains of interest. When a domain expires and enters the redemption period or pending delete phase, its visibility increases thanks to these expired lists that get circulated, which many investors review.

    If buyers want your domain name, they may have a better chance buying it from you at a reasonable price if you're still able to pay the redemption fee to renew it. If it goes to an expired domain auction, the price may be much higher since its visibility will increase even more and many investors may bid on it.

    They may try to acquire it from the current registrant if the current registrant can pay the redemption fee to recover it. If they're the registrant, they may be able to pay the redemption fee to recover it. Or, like you said, they may stall and try to buy it as soon as it becomes available again.

    In all of those cases, the email you received is a way for them to determine if anyone is interested in buying the domain name.

    Their primary goal may not be to sell it to you. Instead, they may simply want to use you and others to determine domains that are worth buying, and then they may be happy to hold it for a long time to try to sell it to someone else at a higher price.

    There are many strategies that investors devise and employ. :)

    We hope that helps.
     
  6. alcy

    alcy Top Contributor VIP

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    well it's better than to get sale offers on names some scammer domainers didnt even bother to reg. I got tons of those offers
     
    Last edited: Dec 19, 2020
  7. du6262

    du6262 Established Member

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    • One of the registrars should have leaked the information in order to find you
    • Or maybe you've seen this domain name

    • I haven't received such an email so far
     
  8. DeluxeNames.com

    DeluxeNames.com Established Member Trusted Contest Holder ★★★★★★★★★★

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    I don't have any inside scoop or connections like that. This woman who writes me calls herself "Olivia Adams" and her gmail address is very sketchy with a long string of random numbers. It's an email a scammer would use, not a real person.

    I suspect it could be a straight scam and not someone connected to a Registrar.
     
  9. du6262

    du6262 Established Member

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    Then you need to be extremely careful
     

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