question Who decides the price of expiring domain during auction?

[Praveen E]

Hi,

I saw in GoDaddy Auctions, DropCatch etc that for expired domains which is listed it is mentioned $5, $10, $12 or $15. All domains are not to be same price when expiry.

Who decide the price for expiry in auction the starting bid.

In a Domain Registar company, when a domain expired they listed into auction and earn that money too? Is it.

 

[Praveen E]

up

 

[Gube]

Rules are set by the company auctionning the domains.
At Godaddy, auctions starts at 12$ (except if BO) (+ RENEWAL), and if no bids before the end, the name goes into the closeouts at 11, 9, ..$ (+ RENEWAL)
(At Godaddy, also add taxes on top of the auction winning bid + renewal!)

For Dropcatch, it's starting at 10$ for expiring names
For names they caught, it's 59$, or less if in Discount club

At Epik it's different, in our expiry stream it works that way :
Dutch auction, prices drop every hour until reaching 9$ + renewal
And you also have NameLiquidate, our liquidating platform, there, also Dutch auction, anyone is free to list domains, Starts at 998$ drops hourly until it reaches 9$ - The seller is given a split of the sale price (91% for the seller / 9% for Epik no other fee)

Gube

 

[Praveen E]

Rules are set by the company auctionning the domains.
At Godaddy, auctions starts at 12$ (except if BO) (+ RENEWAL), and if no bids before the end, the name goes into the closeouts at 11, 9, ..$ (+ RENEWAL)
(At Godaddy, also add taxes on top of the auction winning bid + renewal!)

For Dropcatch, it's starting at 10$ for expiring names
For names they caught, it's 59$, or less if in Discount club

At Epik it's different, in our expiry stream it works that way :
Dutch auction, prices drop every hour until reaching 9$ + renewal
And you also have NameLiquidate, our liquidating platform, there, also Dutch auction, anyone is free to list domains, Starts at 998$ drops hourly until it reaches 9$ - The seller is given a split of the sale price (91% for the seller / 9% for Epik no other fee)

Gube

Wow its different..
In epik, if the domain owner does not renewed and it will automatically came to auction that starts from $998 and drops hourly to reach $9 . If any sale happen in between then 91% of the amount goes to owner and 9% to epik.
AM I RIGHT ?

What about others like Godaddy and some closeout listed at $5, $9 etc. who set this price.

 

[Gube]

Wow its different..
In epik, if the domain owner does not renewed and it will automatically came to auction that starts from $998 and drops hourly to reach $9 . If any sale happen in between then 91% of the amount goes to owner and 9% to epik.
AM I RIGHT ?

What about others like Godaddy and some closeout listed at $5, $9 etc. who set this price.

It will go to NameLiquidate only if the owner sends it there manually (but it's quite easy to do)
Correct on the revenue share

Any purchase occuring elsewhere will go to the auction house
Monetizing the expiry stream is quite frequent nowadays, it's a big source of income for registrars

Gube