How to buy expired domains
It’s day 2 and the expired domain I just bought is still retaining it’s PR 4. I probably should have held on and try to get the PR 5 on my first try.
Tip:
Ignore GoDaddy’s first email message stating “Failure to capture domain..” and wait for at 3-5 days before giving up.
Here’s why..
It’s not a simple procedure where the domain expires and you buy it the next day. All domains go into a grace period of 40 days to allow the original owner to buy back the domain. I experienced this on one of my domain and they charged me USD 20 to ‘reactivate’ the domain on top of the yearly charges. This price may vary with other domain resellers.
After that, the domain is locked and goes into the “Deletion stage”. Now this is where you should get in and use GoDaddy Backorder feature. Of course, there is no guarantee that you’ll get it. If there are multiple backorder bids, then a bidding process will start. However, if you are the only one, you’ll get the domain. I don’t know why GoDaddy reports a failed backorder bid but I recommend you wait 3-5 days before giving up even after receiving the email message.
Where to find Expired Domains
DeletedLive was the site that I used for searching expired domains. You can search by minimum PR, day expired, etc.
Popularity: 26% [?]
I don't know any of the names you mentioned
November 24th, 2007 at 1:53 pm
Great information.
and thanks for visiting my blog @ kennyljs.com
November 25th, 2007 at 2:10 am
Hey Andrew;
Thanks for using our service and telling your readers about us. We’re in the middle of doing some very cool upgrades on the tool, so it may act up on occasion. We’re working on a release with some very useful features in the near future - you’ll be able to see much more info about all of the domains than currently is displayed.
I’ve been able to snatch up a PR7 with over 2000 Google backlinks, four PR6’s and seven PR5’s in the last month. … This is a great way to get high PageRank links to your money sites - install wordpress, and you’ve got an instant link juice machine.
For those who are thinking “they must steal all the good domains from the list before we see them” - not so. We use the tool just like everyone else. I actually have had to go to auction on 4 of the domains I mentioned above - the PR7 cost me $210 in auction. I lost a PR6 yesterday in auction that went for $430 - it was a beauty - CyberLawLawyer.com.
Oh well, you win some, you lose some.
About expired domains losing PR - You’ll notice a domain either looses it’s PR as soon as it’s deleted, or hold onto it until the next update. For the ones that do drop, we just install a blog, start adding quality content, build up links, and PR comes back. There’s a great article on our site about this.
Thanks again, & keep up the great work. I hope you enjoy your new domain!
November 27th, 2007 at 4:09 am
Thanks for sharing. I never thought auctions can fetch such a high price for domains. I would never bid for it. I’m very satisfied with my PR4 domain for only 18.95