discuss Why do people let all these great domains expire?

[Domainer2015]

I've always been a little puzzled, especially when looking at expired domain auctions the kind of domains you see people let expire. It's no more than $15 to renew a domain, and I've seen some expired domains going for thousands!

So what does everything think some of the most common causes for all the great domains that expire daily?
Is it lack of knowledge? Forgetting to renew? Lack of funds to renew? Abducted by aliens?

 

[Fancy.domains]

Why do some people throw valuable Star Wars action figures or vintage Apple computers in the bin?

They just don't know better. Or they know, but have the money.

 

[cdomainer]

Some people already set a auto renew function on domain registrar ,they think it is safety and nothing to do because it is auto. But the fact is that domains can't be renew automatically due to some reasons like credit cards expired

When domain registrar inform them by email said: " Your credit cards expired , Please renew your domain by other payment" ,domain owner always think it must be a scam to trick money.

 

[BigTree]

Mental illnesses, depression (1 in 10 Americans), memory problems etc
All of them make you forgetful.

 

[Green Moon]

I imagine a lot of domain names are dropped because they were bought for a specific purpose and that purpose no longer exists. For example, maybe a law firm Smith Jones Smythe and Barbour bought SJSB.com years ago and the firm dissolves. Why would they want to renew or suppose that it has any value?

The other thing to remember is that what may be worthwhile to a domainer who can easily monetize a domain may not mean much to someone who would have to put a lot of effort into it. Even if someone at the hypothetical law firm knew that there was probably some value to the SJSB.com domain name, the process of figuring out what it is worth, figuring out how to sell it and then processing the sale isn't worth $$$ to the owner. Time is money, too.

 

[Deaol]

People whom have been in the game long enough probably have had the similar situation that I have had (and more than once!) Registered a name, developed it and than sold it for good money... only to have the same name being able to be hand registered 1-2 years down the road. It is very interesting, my theory is a lot of people think they can become millionaires buying up developed domain/sites for a premium, than neglect them, have the traffic and revenue drop off and dump them.. Their modo -- leaving the sites on autopilot without updating content is a good internet business model. I drop amazing keyword names all the time, mainly due to the fact that I do not have the time to invest in development. Normally I will try and sell prior to expiration but sometimes life gets in the way... good way usually.

 

[jameandrew]

Well good keywords will get loads of bids.Lately I have been following 2 char domain auctons and its going in thousand.

 

[lock]

death, bankruptcy, taxed, pregnancy, laziness, company delegation to name a few.

 

[paul79]

i think it is just life getting in the way and people finishing a business/use for that particular name and not needing it anymore. i know its crazy to just drop it like that when they could try to sell it but as above most ppl don't think like that about domain names really

 

[BlackDragon]

The greatest number of people returned from the domain because they do not believe in themselves and that is sell well. Most of them have problems only with the domain but also with your whole life, do not have the courage to face up to their problems and why they have such a life...

 

[imadoer]

I know the thread is old but some people let quality names drop because they have a fleet of better ones or they are wealthy and could careless

I emailed a guy who was letting some really good domains drop.
I'm not going to say who he is or what domains I tryed to get.
But I offered him $1600 for 7 of the domains and he said he would rather let them expire then take less then $3000
And he let most of them expire and renewed 1 or 2 but he told me he had no plans to renew any until I said something.
And these where monster names....one man's trash is another man's treasure.

 

[doubleU]

Our life is also Expiring, we can"t renew it after that ..:D

so who backordered Jesus

 

[cocaseco]

I emailed a guy who was letting some really good domains drop. I'm not going to say who he is or what domains I tryed to get. But I offered him $1600 for 7 of the domains and he said he would rather let them expire then take less then $3000 And he let most of them expire and renewed 1 or 2 but he told me he had no plans to renew any until I said something. And these where monster names....one man's trash is another man's treasure.

That was my experience too. I used to review the drop list a couple days ahead and then contact the last registered owners. I would offer them cash to register the name and transfer it to me. Much of the time it was too much hassle and they would rather let them drop. Amazing really.

 

[Mkcoy]

Something is sure, you will not get your clients back.

It has nothing to do with clients.

 

[attiqfsd]

I think lack of knowledge about how they can use them. Which makes it useless to them and priceless to someone else.

 

[GoKaizen]

haha I've sold sites to people and they never worked on them and let them drop or forgot about them whatever and then waited for it to expire and bought it back and then sold them again.

I've done that several times now over the years. But that's only been for sites I knew were doing well.

Sometimes it pays to look up your old sites you've sold and see how they're doing or keep an eye on them.

I've heard this a lot. It pays to monitor all domains you've sold.

 

[Alice Wonder Miscreations]

I've always been a little puzzled, especially when looking at expired domain auctions the kind of domains you see people let expire. It's no more than $15 to renew a domain, and I've seen some expired domains going for thousands!

So what does everything think some of the most common causes for all the great domains that expire daily?
Is it lack of knowledge? Forgetting to renew? Lack of funds to renew? Abducted by aliens?

I let domains expire when I decide I'm not going to use them because I don't sell domain names, it would take a lot of time to make accounts at places to sell them, pimp the name, etc. and it might not even sell.

So I just let them expire when I decide I do not want them. I suspect you will find many like that. Selling them just isn't my thing.

 

[Bullock]

Reason is I know the big guys are breaking the icann rules.
I got hit once for a back order and never got the domain or my money back with gd. I lost one domain because sedo wanted too much for the dot com my net I let drop and went for the new .me (then) immediately sedo had it for 7.5k along with the .com for 70k. I wonder how many of the big money domains were actually snatched by the registrars themselves and that is illegal. We know they are doing it!

Alarming and disquieting story!!

 

[Nikhar Saraswat]

I drop a domain and it picked for 250. Cant believe. Bad luck for me.

 

[james haw]

It's no more than $15 to renew a domain

Yes, but when you have 500 or 5K domains in your portfolio you have to consider $5K and $50K total annual renewal fees is something to manage very carefully, and sometimes you simply have to drop a few

Also, domainers with large portfolios keep certain domains for a short time, of course every domain is bought with the belief it will sell, but even some good names just don't sell. So if not sold in X period then drop and move on.

Some drops are from non-domainers who don't know the potential value, and some bought for a project which went dead and just let it expire.

People pass away, businesses fold, people forget to renew, even domainers sometimes make mistakes, or just move on to something else entirely, like developing sites instead etc.



Ours is not to question why, but to register that drop and make a tidy flip