
There are several things which you ought to know about your domain name registration. While you pay for the annual renewal of the registration, and especially if you have "locked" your domain name, it is yours. However, when you don't renew the name with your registrar, it goes through a protection scheme of up to 75 days when you can renew the registration and add the domain name back into your portfolio. After that, it's open hunting season for expired domain names, particularly those with web traffic.
There are many Domain Name Hunters who scour the internet each and every day looking for valuable domains which show signs of death. The obvious signs are that the domain hasn't been renewed and is in the redemption period. There are several well known companies whose sole role in life is to snap up the expired domains THE SECOND that they become available again (they have developed software to allow them to do this) – and then they either sell them to the highest bidder – or put a directory site on them which has a whole lot of affiliate links of one kind or another. Then they sit back and let your work in building traffic bring in a small income each month. As they probably own thousands of domains, this business can be extremely profitable for them. All this is perfectly legal and above board. These are genuine businesses who are breaking no rules and they are expanding all the time.
What can you do about those unwanted, unprofitable domain names which you have marketed so assiduously?
You have several options.
In these circumstances, we recommend renewing the domain registration, even if you do not pay for hosting; then YOU can choose how to sell the domain and if you'd like to test the waters by auctioning your web site at Sell My Domain. That's how you can give your unwanted domains a good send off!
About the author
Margaret MacGillivray is a self-confessed domain-aholic! – She has bought and sold domains and web sites and software for several years now. Find out more at Sell My Domain - where listing your domain for sale is free, with a modest commission paid only if it is sold.
Tags: domain name registration, money, web traffic, highest bidder, whole lot, expired domains, signs, expired domain names, redemption period, hunting season, protection scheme