Wednesday, May 27, 2009

A newbies experience backordering domains (Part 2)

Just a quick update on my progress backordering domains. I did say, i'd post the backordering outcome at the time, which isn't that memorable to be honest.

A couple of months ago, i backordered what i thought was a perfect domain name, soon to drop. I accidentally stumbled on this site, by way of a misguided Google Search, when i checked the Whois records, the dates informed me that it was Pending Renewal or Pending Delete.


It was about a week after the 'expiration date' listed in the Whois records. So i backorder the domain name with Pool and Namejet, hoping to grab it.

Well in Namejet there wasn't a date listed in the
BackOrder By Date column,this didn't put me off though - at the time i didn't realise someone (the original owner) had probably renewed the domain.

Its now been over a month, and i've been checking the Whois records for this domain. It turns out, the owner has re-registered the domain for another year - or so it appears to my newbie eyes.

Next time, perhaps.

Something else i've noticed recently at Namejet (i've actually got several other domain names backorderd there - just names i like and which i feel could be valuable if someone chooses to let lapse) is that the number of bidders on a domain often goes down, people obviously rescind their bid, probably at the point they realise they have missed out...people like me....:).

You might be interested in the following articles concering domain backordering, in particular the case concerning the sale (auction) of toxic.com

Article 1


Article 2


Namejet have had some bad publicity surrounding cases where bidders have decided not to pay for domains they win through backorder, then the domains are then put up for public auction for the world to see/bid, often attracting a much high sales price than what they would have sold for.

The full details are a little bit above my head, but some of the more experienced domainers out there will grasp the full complexities.

What they probably should do, is offer the domain to the next highest bidder, that would seem to be the fairest option in this case - i think this is what happens at GoDaddy in the case of a non-payer.


Don



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