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Registrar Auctions - Dirty Pool or Good Business?

Discussion in 'Domain Names & Parking' started by coolbeans, Feb 15, 2010.

  1. coolbeans

    coolbeans Newbie

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    Hi Guys...I wanted to hear your feedback on a situation that I've noticed for a while now. Expired domain auctions. Now don't get me wrong...I've picked up some really great domains through the auction process, and I hope to continue to do so, but the registrars seem to have changed the game a bit as of late.

    This is what just happened to me, and I'm posting this to:
    A. Get feedback
    B. Hip you guys who don't know about this, so you can be aware.

    Ok , I had a domain registered with GoDaddy. Domain expired. Shit Happens.
    When I noticed it was expired, I was out of redemption period...so I was gonna get banged for the $80.00 to recover the domain.

    So like I'm sure we all do...I decided to roll the dice on this one and let it expire all the way and re-register it later.

    Its a gamble but depending on the name sometimes it works , sometimes it doesn't.

    But here's the slick part...Snapnames snapped it up and has placed it in their ETERNAL auction pool!

    So it appears that the registrars are now feeding their auction businesses with domains that would normally be returned to the free market.

    I know this isn't new, and like I said I've purchased domains at auction myself, but this is a new evil to contend with, because in the past I always noticed that domains that did not successfully sell at auction were eventually returned to the open market.

    So guys... if you have any of those " I really like this domain but is it worth the redemption fee?"...here's another piece to the equation, because you may NEVER get an opportunity to see it again!

    I keep going back and forth on this issue...on the one hand its smart biz for the registrars to make the money on these domains, but on the other hand they seem to be abusing their preferential position in the process and usurping the market. What are your thoughts?
     
    Last edited: Feb 15, 2010
  2. llael

    llael Registered Member

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    They're just trying to make a buck like everybody else. The guys with the gold have always made the rules.

    Just don't put yourself in positions where you can be taken advantage of.
     
  3. coolbeans

    coolbeans Newbie

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    You're absolutely right about that.