question What is GoDaddy's drops exactly?

[LoneDeranger]

Hi all,
I have seen a few threads within this forum that discuss about Godaddy's drops.
Tried to check out what is it all about in GD's site, yet they dont really use this term, so I couldn't connect the dots.
Perhaps you guys could shed me some light over this mysterious term.

And on this solemn occasion, I want to wish you A Happy, Profitable New Year !

 

[DKN]

Godaddy's Drops is an auction for Expired domains...

Goto: https://auctions.godaddy.com/
Then -> Advanced Search -> Filter Type -> Expiring Auctions & Close out domains

 

[LoneDeranger]

Thanks for the reply! Are these domains were put into an auction by GoDaddy or a private seller ?
And does it mean that they need a renewal soon ?

 

[DKN]

Are these domains were put into an auction by GoDaddy or a private seller ?

Yes. Expired domains put into auction by "Godaddy"

And does it mean that they need a renewal soon ?

Yes. If you purchase expired domain from godaddy, Immediately you need to renew

 

[Name Trader]

But the renewal is done by GoDaddy, automatically when you pay for the domain. You don't need to worry about it, apart from the expense.