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Namecheap Prioritizing Sedo Listings Over Afternic

Michael Sumner from NameBio mentioned an unexpected uptick in sales closed via Sedo over the past couple of weeks, and he asked about whether a major registrar began prioritizing Sedo listings:

In response to the question, Namecheap CEO Richard Kirkendall confirmed that happened. Namecheap is now prioritizing Sedo listings when a domain name is listed on Sedo and Afternic:

Namecheap .AI Filter Removed from ExpiredDomains.net

I use ExpiredDomains.net every day to search for domain names coming up for auction. It’s a free tool that helps me scan Namecheap, Dynadot, and GoDaddy platforms for expiry auctions. It also helps me find domain names in pending delete status that I want to back order at DropCatch and NameJet.

This morning when searching for upcoming expiry auctions at Namecheap, I did not see any .AI domain names listed in my search. This was unusual since there are generally dozens if not more .AI domain names that are listed according to my preferences.

Namecheap Outbound Transfer Email is Ideal

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There are many reasons for why a domain registrant might transfer a domain name away from its current registrar. By the time the transfer has been initiated, it’s most likely too late for a registrar to *save* the customer / domain name. There should be no reason for a registrar to delay a transfer.

Some registrars take up to a week to release a domain name. They offer no mechanism for the customer to approve the domain name transfer, and it moves forward at whatever pace is set by the registrar.

Namecheap Adjusts Auction End Times and Closeout Process

Namecheap notified its Namecheap Market customers of an adjustment to the end times for auctions and a simplified process for its closeouts.

Domain name auctions will all end at the same time each day. The time is 11am Eastern Time and the equivalent times throughout the world. You can do the math to understand when auctions will close in your timezone. Auctions will still be extended by 5 minutes each time a bid is placed in the final five minutes of an auction.

Closeout auctions will also have a small change. If a closeout domain auction ends without any bids, the auction will automatically extend for an additional 24 hours with a minimum bid of $5. .AI domain names – which are marked “Partner” on the auction pages, are not considered closeouts, so this will not be applicable to those domain names.

The content of the email is below for those who did not receive it but are interested in understanding:

Namecheap CEO Highlights Success of .AI Expiry Auctions

Namecheap was recently named expiry auction partner for .AI domain names. The first batch of expired .AI auctions concluded last week, and hundreds of .AI domain names were sold. Namebio shows 695 .AI sales on Namecheap worth nearly $800,000 in the last month, although I can’t filter down to specifically include the expiry auctions.

One of the things people noticed was the number of seemingly new bidders who participated in the auctions. The Namecheap Market platform has a pop-up indicating the activity level of each bidder. Visitors can hover over the badge next to each bidder nickname, and a popup highlights the bidder’s activity, along with their join date.

A general concern some people may have is that new bidders could be more likely to be non-paying bidders. Obviously, bidders who can’t/won’t pay could unfairly increase the final price for other participants. Whether these bidders would theoretically join to cause problems or simply have payment processing issues on the platform, non-paying bidders can increase the cost of domain names for genuine bidders.

Big Changes for .AI Expiry Auctions

Namecheap CEO Richard Kirkendall has shared many .AI domain name sales over the last year or so. NameBio lists more than 1,000 .AI domain name sales at Namecheap in its database.

This afternoon, Richard shared a handful of high value .AI domain name sales. He also shared some pretty big news about .AI expiry auctions going forward. Expired .ai domain names will now be auctioned exclusively at Namecheap. In addition, the auctions will be conducted daily rather than once a month as they had been running previously.