Buying an expiring 4 letter domain name

Discussion in 'Domain Names' started by Clowgon, Dec 30, 2010.

  1. #1
    Recently i found a domain which is about 12 years old, and is due to expire soon.

    I really, really want to get this domain, but i've got a feeling it's not just me who is after this domain.

    I'm thinking of backordering this domain with snapnames but before i backorder it, i need to know how snapnames backordering works...

    I know if i were the only one to backorder it and it expired, i will snap up the domain but what happens if there's more that backorder it and snapnames catch it first? the 60 dollars i paid for backordering it will get automatically in the acution but say if i were to lose in the acution to someone else, will i get my money back?

    Also, how does the bidding works, i'm thinking of just entering a huge amount if it did went to auction to scare off others.. do they take money from when the auction ends or..?

    Thanks
     
    Clowgon, Dec 30, 2010 IP
  2. fm1234

    fm1234 Peon

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    #2
    If more than one person backorders a domain, it goes to auction. You will not get your money back with most registrars; typically you are given credit towards another backorder -- ie. you pay the backorder fee one time and can use it on multiple backorders until you actually catch one.

    Weirdly though, on the sales page Snapnames seems to be saying they don't charge you unless you get the name --

    (source)

    So might need to contact them directly. My experience with GoDaddy and others is -- pay the fee, keep trying until you get one.


    Frank
     
    fm1234, Dec 30, 2010 IP