In the list of domain names for bidding, are there good domains? What you're after is having a good dot com name for your website. Yuck, such names are rare! All good domains that are of crucial market niches seem to have been already registered, talk of insurance.com, sex.com, business.com, realestate.com, cars.com, music.com etc.
Although this is the case, at one point, these names do expire. It is said that thousands of domains do expire each day. If the owners don't make any effort of renewing them when they're placed under the grace period and redemption period, then they're made available for fresh registration.
There are websites that capture a list of domains that have expired. Most of these websites have specialized in domain name auctioning. After they have successfully acquired these domains, they make them available in their website bidding page for anyone to bid. Do you believe that by just participating in such bidding you can acquire a good dot com name? If you don't believe this, then I assure you that several people have acquired good domains through bidding.
For example the person who owns sex.com acquired it through bidding. So, are there still good dot com names in bidding websites? Yes, it is only that you have to keep on checking such websites till you get your ideal domain name. Why do this? The reason is that these websites will be updating their list of domains available for bidding on daily basis.
For you to make this process easy, subscribe with them so as to keep you updated about the list of available domains. Now you're asking if there is a guarantee for you to acquire the domain name if you bid for it. To be frank on this, it depends upon who placed the highest amount of bid just like offline auctions determine the buyer by selecting the highest bidder.
Besides domain name bidding websites, you can also check with Ebay to see if you can acquire a good quality name that people are selling. By the way, eBay is the largest auctioning website in the whole world. So there are chances of you getting a good dot com name there or any other type of domain.
Two Terms Used
1.) Reserves Price
A reserve price is a price that is set with the aim of if only one person places a bid for that domain name on that exact price, then the domain name is sold to that person.
2.) Escrow Period
After the highest bidder is determined, the domain name is held for a period of hundred days that is from the expiry period before it is legally owned by the highest bidder. This period is what is termed as the escrow period and it's meant to safeguard the original owner from losing the domain name through redeeming it. If it is not redeemed, then the highest bidder becomes the legal owner.
Note that the bidding price does not include the renewal fee. So you have to pay for it and also you'll have to wait for 60 days to lapse in order to initiate any transfers for that domain name.
Every day we list available domain names on sale in Nikenya site, click the link to check out the ones that are available today.
1 comments:
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