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Best way to grab a Tucows domain name in redemption period?

Discussion in 'Domain Names & Parking' started by systematic, Dec 15, 2013.

  1. systematic

    systematic Regular Member

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    I've never really been huge into picking up expired domain names, at least not this way. But I came across a domain in the redemption period at Tucows that is perfect for a project I have been working on. Obviously, my goal is to get this domain in the cheapest way possible - I can probably afford to spend up to $100

    The whois shows:
    Registrar: TUCOWS DOMAINS INC.
    Status: REDEMPTIONPERIOD
    REDEMPTIONPERIOD


    I've done some research online and gotten conflicting advice. I guess I have a few questions:

    1. Can this domain still be auctioned by Tucows? Is it possible that it is being auctioned now? Or is it surely going to enter the PENDINGDELETE phase and be dropped (if not picked up by the original register)?

    2. What is the best place to backorder a Tucows domain? Will a simple Godaddy backorder do? Does anyone have success picking up a Tucows domain with a backorder?

    Any help or advice would be greatly appreciated. I'm trying to weigh whether or not it's worth it to just try and wait it out until the domain drops. I'm really not sure if it is good enough to attract any interest from other people, Estibot is valuing it less than $30 - but that doesn't mean much.
     
    Last edited: Dec 15, 2013
  2. Enryu

    Enryu Junior Member

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    Domaining is certainly a bit complex if you're not familiar with it, and can be very shady (collusion between registrars and a third-parties). The answers to your questions depends on the perceived value of the domain. I'm no expert domainer, but here's my take:

    1. If the domain has any perceived value, then it's almost certainly being auctioned. First, you need to see if Tucows has any exclusive agreements with particular auction houses like namejet or snapnames. If so, then all bids can only be placed via that program, and it will be easy to track. Regarding the pending delete phase, as long as the domain is worth less than a few million, it will enter this phase, but may only stay there for a millisecond.

    2. If your domain is of little value and you're sure you'll have no competition in getting it, you can place a backorder at Godaddy or maybe even via Tucows themselves. You'll need to evaluate if there's any competition by checking for bids at the major auction houses (the biggest 2 being namejet and snapnames). However, if there is competition, then your only chance of getting the domain is joining the bidding at one of the major auction houses.

    The bottom line is, if it's a domain that probably has little interest to others, and it won't kill you if you don't have it, you can simply place a backorder, or even wait for it to officially drop and hand register it. If you must have it or it's a domain of any perceived value, then join and auction house and use them to purchase it (around $60 minimum, if there are no other bidders). Keep in mind that if you place a bid, others can see the bid, and you may draw more attention to the domain, which may drive up the price.
     
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  3. systematic

    systematic Regular Member

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    This is precisely what I'm worried about. I don't think it's a great name, but if I bid on it I think it might cause other people to do a double take on it and see the value. Damn, looks like I'm gonna have to pony up and put some cash down on this one.

    So it's possible that it's being auctioned right now even though it's in the redemption period?
     
  4. Enryu

    Enryu Junior Member

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    Well, as far as I know, a backorder can be placed on a domain at anytime in its life cycle, but I'm not sure at what point an auction begins if multiple people place a backorder on a domain before it hits pending delete phase. I think in any case auction houses wait for a domain to hit pending delete phase and then notify all the people who placed backorders so they can initiate the auction.

    So while it's possible others have placed backorders, the actual auction phase won't start until the domain is at least pending deletion.

    I'd say your best option is to sign up with namejet and/or snapnames and keep an eye open for any bids on your domain. If there are none, then wait up until the final hour or so before the domain is going to drop (all domains drop at 2pm eastern time on the final day of pending delete phase, if I remember correctly), and then place your backorder/bid.
     
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  5. systematic

    systematic Regular Member

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    Honestly, thank you so much for this advice. Very much appreciate the input.
     
  6. Enryu

    Enryu Junior Member

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    No problem, good luck.
     
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