why the delay in go daddy auction sales

social engineer

BANNED

Mar 30, 2010

637

568

• Jul 3, 2012

• #1

Hi, Iv just brought an amazing expired domain on go daddy auctions however it says domain ready in 11 days why is this?

 

johndoejohndoe

Junior Member

Feb 13, 2011

178

33

• Jul 3, 2012

• #2

I believe a site can be up for auction on godaddy while the owner still has time to register it. They're allowed 30 days to re-register for an additional fee, something like $70 for a year. Someone correct me if I'm wrong, but if they do re-register, then you don't receive it.

 

CyberknightTully

Junior Member

Feb 19, 2010

136

151

• Jul 3, 2012

• #3

johndoejohndoe said:

I believe a site can be up for auction on godaddy while the owner still has time to register it. They're allowed 30 days to re-register for an additional fee, something like $70 for a year. Someone correct me if I'm wrong...

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You're right except that the fee is $80. I just had to pay a few of those as I spaced off some renewals by not checking and updating my registered email address for one of my GD accounts.

 

social engineer

BANNED

Mar 30, 2010

637

568

• Jul 3, 2012
• Thread Starter Thread Starter

• #4

how often do people renew a domain in the grace period iv just brought this domain for $12 and its estimated at between $3k - $5k

 

H

hawgbert

Junior Member

Jun 13, 2012

101

14

• Jul 3, 2012

• #5

It probably depends on the industry. I was watching some mortgage- / real estate-related domains because of the downturn in those areas. None of about a dozen were renewed during the grace period.