Manage Your Auction Wins

This post is spurred by a stupid mistake I made, and I want to share it with you so that it doesn’t happen to you.

For whatever reason, it seems that when domain names that I win at NameJet are pushed into my various accounts at domain registrars, they are unlocked and auto-renew is set to “off.” More often than not, I’ll ignore them and change the renewal status on them when I get around to it.

Yesterday, I discovered that I accidentally let a domain name expire after paying a few hundred dollars for it in 2011. Stupid mistake. Luckily, it is in redemption status so I can renew it for a premium price to avoid having it re-sent to auction.

I don’t know why registrars don’t automatically set domain names to auto-renew and locked when they are pushed to your account, but it’s something you need to know.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

9 COMMENTS

  1. Registrars can’t set domains to auto-renew as they don’t have your credit card details. And Namejet is not allowed to “push” this info to them.

    Unless you are referring to a specific registrar where you have already set auto-renew to on for all your domains there. But the registrar must have a account option of putting all new domains to auto renew on.

  2. Elliot, which registrar was it? After I won some names on Namejet they’re within different registrars now, so it’s just what I was thinking of today – should I move them under 1 preferred registrar? Thank you

  3. I actually find it annoying when registrars automatically set it to renew.

    I just went through this with Network Solutions and Register.com — they had set some domains to auto-renew after I had wanted them to expire. Only way to disable was to call them! Why not just make it simple to do online instead make me wait on hold for 10min just to through to a rep!

  4. Thanks for this perspective, Elliot.

    I know GoDaddy and Namecheap both have auto-renew. At first I didn’t like it, like Scott, but I’m comforted knowing it’s there as absent minded as I can be. 🙁 But just to be on the safe side, I think I’ll check in on my accounts.

    Thanks, Elliot.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

That Company May Cease to Exist

0
I received a strong offer on one of my one word .com domain names last week. I declined, but in the process of doing...

Auction Platforms Shouldn’t Benefit from Default Bidders

13
If the winning bidder for a domain name auction does not pay and the auction platform offers the domain name to the next highest...

LTO is Betting on the Buyer and the Platform

2
When you agree to a lease-to-own (LTO) domain name deal, you’re making two bets: one on the buyer’s ability and willingness to complete the...

Andrew Rosener on Miss Understood Podcast

2
Andrew Rosener is one of the top domain brokers. I had to strike "one of" because I know as soon as I hit publish,...

Get Expiry Reports to Keep Sales Platforms Updated

4
For many years, I kept my portfolio at around 500 domain names. It was easy to manage those domain names on the sales platforms...