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Godaddy and TDNAM was robbed again. Not literally of course, but thanks in part to when they auction off their domain names, many of them get reclaimed prior to ever completing a sale. FreeClinic.com sold today for just over $20,000 and moments after it sold, was reclaimed by the owner, who more than likely was flooded with phone calls today from eager domainers, trying to cash in on a loop hole.

Basically what happens is TDNAM Expired domain auctions end just over a week before the domains will be transfered to their new owners. This gives the original registrants a few days grace period to pull the domain out of redemption for $80. Most of the time this doesnt happen, but whenever these big domains hit the auction block, you can bet atleast one person is calling the owner, offering to purchase. Sometimes some great deals can be had this way.

Bottom Line? If Godaddy wanted to be just a bit smarter about it then this, they push the auction date to coincide with the “drop” date. This way if you won an expired domain at TDNAM, it would be in your account later that day.

Justin