Dealing With An Expired Domain Name

 

I saw this tweet from ICANN Ombudsman Chris LaHatte yesterday, and I want to discuss the topic of the best way to approach a domain investor who has purchased or acquired an expired domain name. Although I generally give advice to domain investors, the focus of this article is advising domain registrants on how I believe they should best deal with an expired domain name that was purchased by a domain investor.

There are many reasons why domain names expire. To name a few potential reasons for why a domain name may have expired:

Don’t Miss Out on a Good Deal Hoping for a Perfect Deal

For many people I know in the domain business, negotiating a deal is almost as exciting as completing a deal. It can be exhilarating to get a buyer or seller to agree to a favorable deal, and when a negotiation takes weeks or months, the thrill of the actual deal may be lost by the time it comes to its conclusion.

Because of the enjoyment many people get from negotiating, it is very possible to lose out on a fair deal trying to get the best terms possible.

In a negotiation, I think it is human nature for the buyer or seller to want to get the absolute best deal possible. Even if a deal is fair for both parties, some people want to “win” the negotiation rather than reach a fair deal that is still good for both parties. In an effort to “win,” they might actually lose out on a deal.

While most negotiations

Heritage Auctions Acquires GameUsed.com

Earlier today, I mentioned that I thought the sale of GameUsed.com for $4,500 was a great deal for the buyer, and I might have bought it for that price had it been offered to me. After doing a Whois search this morning following my article, I see that the domain name appears to have been acquired by Heritage Auctions, the third largest auction house in the world.

If you aren’t into non-domain name auctions, you probably recognize the Heritage Auctions brand because of some recent domain industry news. According to an article a week ago on DN Journal, “Heritage Auctions (HA.com), the world’s 3rd largest auction house (trailing only Christie’s and Sotheby’s) has created a new division dedicated to domain names and intellectual property.” The division is being headed up by veteran domain investor Aron Meystedt.

Prior to the sale of GameUsed.com, which took place on Sedo, the domain name was owned by

Getting Great Deals on Domain Names

After I posted an article on my blog listing three types of domain names I am looking to buy, a couple people commented that there was no way I would be able to find those types of domain names for sale at the prices I needed. I deleted all comments on that post because it was a special request and not a discussion, but I do want to discuss the idea of getting great deals on domain names.

It is very infrequent that I read DN Journal’s weekly sales report and don’t see a great deal for a domain name. Some weeks there is more than one great deal listed that I almost certainly would have jumped on if given the opportunity. For instance, looking at this past week’s sales report, Sedo’s reported sale of GameUsed.com at $4,500 seems like a great deal to me, and I might have bought the name because game used sports memorabilia is a huge business, and some companies make millions of dollars selling it annually.

It may be difficult to find great deals, but they are out there. At any given time, there might be

Go Daddy Promoting Domain Buy Service on Landing Pages

Recently, I’ve noticed that Go Daddy appears to be promoting its Domain Buy Service more heavily on default landing pages. Have a look at the screenshots below, and as you can see in the first screenshot, the most prominent link on the page is a link to “Learn how you can get this domain,” which links to the page with information about Go Daddy’s Domain Buy Service. The other screenshots show other variations of the default landing page.

If you aren’t familiar with the Domain Buy Service, it allows people to inquire about domain names that are privately owned. The cost is $59.99 per domain name, and the buyer pays a 10% commission if a deal is struck. A representative from GoDaddy will negotiate on the buyer’s behalf in an attempt to close a deal.

My guess is that Go Daddy is

What I Am Buying Right Now

I thought I would share this with you in the hopes that someone is looking to sell what I am currently looking to buy. Please contact me directly if you have something that matches exactly what I want to buy, and please be sure to give me your price.

I would hope this goes without saying, but I am personally buying domain names for my company and not on behalf of anyone else.

Please do not contact me about domain names that don’t match all of the exact attributes listed below.

All deals will be transacted privately using Escrow.com.