Blogs

One of the most important things when managing your domains is insuring that they don’t expire if you intend to keep them. Several months ago, I contacted a domain owner by email, inquiring about their domain name. At the time the domain wasn’t resolving anywhere. The owner responds with a lengthy email about how they intend to keep the domain name and eventually use it. They appreciated my offer, but they wanted to pass. The domain had was registered through Network Solutions, so I went ahead and placed a backorder on it, considering it costs me nothing unless the domain name is captured (and won in auction).

Guess what happens? They failed to renew, the domain expired, and just the other day it was locked in an auction at NameJet. Unfortunately there are 2 other people bidding on the domain, as I was the first to bid, my bid is currently the highes at $69. Interestingly enough, my offer had been more than this bid. If the auction does end without further bidding, then I was acquire the domain name at a significant discount.

The Lesson? If someone offers you money for your domain name, make sure you renew it on the spot. Even if you opt not to sell, you insure that a mistake doesn’t happen or that you don’t forget to do it later.

Justin