camera_eyeballWe all know the benefits of a killer domain name, but the online real estate market is so crowded and competitive it seems that all the great names are taken.  Instead of just placing a backorder for a domain and hoping, take a look at Mike Davidson’s post: How To Snatch An Expiring Domain.

He thoroughly examines the surprisingly complex world behind grabbing expired domains, referred to as “getting in on the Drop”.  The whole article is worth a read, and full of useful knowledge like the fact that domains don’t actually expire when they say they do:

If the owner of a domain does not renew by the expiration date of the domain, the domain goes into “expired” status. For 40 days, the domain is in a grace period where all services are shut off, but the domain owner may still renew the domain for a standard renewal fee….After 40 days are up, the domain’s status changes to “redemption period”. During this phase, all WhoIs information begins disappearing, and more importantly, it now costs the owner an additional fee to re-activate and re-register the domain…Finally, after the redemption period, the domain’s status will change to “locked” as it enters the deletion phase. The deletion phase is 5 days long, and on the last day between 11am and 2pm Pacific time, the name will officially drop from the ICANN database and will be available for registration by anybody.

Read the full walk through here: http://www.mikeindustries.com/blog/archive/2005/03/how-to-snatch-an-expiring-domain#ixzz0hKldA6Dc

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  1. Finding people using the internet | Current Events: mySpot4news.com on March 6, 2010 6:51 pm

    [...] How To Snatch A Killer Real Estate Domain Name | GeekEstate Blog [...]

  2. markamenconijr on March 8, 2010 6:55 am

    The other side to this is a very serious reminder to real estate website owners to RENEW FOR MULTIPLE YEARS. If you're planning on being in business for more than a year, then spend the extra 10-30 dollars for 2-3 extra years on your domain. Otherwise, your domain will help out some other broker/Realtor out there…or help a scumbag rob you blind as you try to negotiate with a Cyber Squatter who wants 1, 2, 3k for your domain.

  3. atlantarealestate on March 8, 2010 5:03 pm

    No doubt, Mark.

    I got my current URL in an auction for a couple hundred bucks. Then, paid for 10 years.

  4. REtechToday - The best articles in real estate tech for March 9, 2010 — REtechSource on March 10, 2010 8:43 am

    [...] your eye on a domain that is taken but not really active? Here are some tips to on domain-snatching to see if it becomes available. Because if it does become available again it is first-come, [...]

  5. Delta Investment Group on March 16, 2010 9:40 am

    Thanks for the clue in there Mark, our domain was just a few months from DUE and so we just renewed it-

  6. Delta Investment Group on March 16, 2010 4:40 pm

    Thanks for the clue in there Mark, our domain was just a few months from DUE and so we just renewed it-

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