The domain name industry is an extremely competitive one, as the amount of domains available on the market is expansive. Every day a good domain name is taken, and the sad part is – most of the time these domains are never put to use. Instead they are parked and used as an asset by a domain buying company that waits for someone to come along and offer them cash for that domain. Many times the domain can sit there unused, being horded for years on end with no signs of activity or ownership changes. This domain parking activity is fairly common, in fact experts estimate that about thirty percent or more of the domains that are on the internet are parked.
This means that all of these domains are being bought up on a daily basis, and then never used. However, the good news is these domains will expire eventually, and when they do they will be open for the general public to purchase them. If you have your eyes on a particular domain then some of the following information should help you secure a domain immediately after it’s previous registration expires.
The WHOIS Search
If your desired domain name is unavailable, then the first thing you need to do is conduct a WHOIS search on that domain. A WHOIS search may tell you who owns the domain, however more importantly it will tell you when the domain was registered and when the current registration expires. Now once you know when the domain is expiring you can begin planning your “drop catching” campaign, which is going to help you secure the domain as soon as it expires. However before you go getting excited, you should know that the domain is not really free on the day that the registration expires.
The Process
In general, the entire process from start to finish takes around 75 days before the name is actually available on the public market again. This is because the domain registrar will give the current owner a grace period in which they try to contact the domain owner and prompt them to renew their registration. This is where most people’s dreams are crushed, as the domain owner will quickly renew the domain name in most cases. However, if they do not then you will begin the process of trying to get the domain when it actually hits the market.
The Auction
There are a variety of services that will snipe the domain name expiration and attempt to get the domain before anyone else. You can hire these services to try and secure the domain for you, or you can leave it up to luck. If you really want the domain then you will consider using one of these services to maximize your chances of procuring the domain.
September 2nd, 2010 at 9:23 am
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