A domain name that I want finally expired today. So you might think– well, why didn’t you buy it?
Apparently domains don’t really expire when they say they will. In fact, it could take up to 75 days until the URL is released to the public. And that’s not the worst of it. Depending on the value of the domain name, there might be domain snatching firms (such as snapnames.com, enom.com, and pool.com) that try to grab the domain the very second the name is released into the ecosystem, and if there is interest by more than one party for the name, these domain snatchers put the names up for auction! Pool and Snapnames have a fee of $60 (which you pay only if you get the domain name). Enom has a lower base fee, but their pricing methodology is slightly more complicated.
Godaddy has a backorder system for 1/3 the cost of the their competitors, but you pay upfront regardless of whether you get the name or not, and based on the many blogs and threads I’ve read, Godaddy isn’t a very good option for drop catching names because their don’t have dedicated resources like their competitors do (they aren’t even good at catching expired domains from their own registry!)
So I am left with the dilemma of whether I want the name enough to pay $60+ for it (Yeah, I think I do). I suppose I could also attempt to get the name myself the old fashioned way– check the whois database periodically to see if the domain is officially deleted. However I am not sure if that effort would be worth it given that I am hopelessly bad with timing, and it would be way easier to go with a professional domain snatcher.
It looks like I have some time to decide whether I go with a professional service, or try my luck. I am leaning toward a professional service. If you have tried using snapnames or any companies like them, please let me know.
I learned a lot this week about expired domain registration. I hope you learned something too!