Ohashi.US Domain Name Resource
Introduction to Domain Name Reselling - Page 4
Expiring Domain Names
Often we find other people have already registered the majority of good domain
names. Another source for acquiring domain names is the expiry process where
previous owners fail to renew their domain names and they become available for
registration again. The process varies slightly by registrar but it generally
goes hold (a hold on the domain for up to 45 days), then redemption grade period
(30 days) and then finally pending delete (5-6 days depending on extension)
after which the domain officially gets deleted from the registry. This was the
standard process for the com/net/org extensions, other extensions generally
are similar but each has its own intricacies and should be researched by anyone
truly interested in pursuing them.
Recently domain registrars have decided to capitalize on this market and take
the domain names of clients after they have expired and auction them off to
the highest bidder. While not all registrars do this, a good many do and it
can be a good source for acquiring new domain names. The full legal and ethical
implications of doing such things aren't yet clear but it has become common
practice in the industry.
The expiring (deleted) and pre-expiration (registrars selling clients names
before deleting them) markets have combined and often you can search for both
types of names from the same website. SnapNames (http://www.snapnames.com) is
one of the largest intermediaries in the expiring domain name market and many
of the best domains can be found there. Other companies worth noting are Pool
(http://www.pool.com) and TDNAM (Part of Godaddy – http://www.tdnam.com).
While the market is constantly changing, the easiest way to keep track of it
all is through active participation in domain name related forums.