Buying expired domain names is not as difficult as it sounds. It is becoming more difficult to find a domain name not already taken. People are turning to the purchase of expired names to find good ones. These sales are handled by companies that specialise in this. They are sold by means of an auction.
- Skill level:
- Moderately Easy
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Research domain names that are expiring to find a name you like. Visit the websites of companies such as GoDaddy Auctions, Namejet and Snapnames that specialise in this market.
Make note of the auction dates and times for the names you select.
Familiarise yourself with the auction rules for the site or sites you use. Each one is a little different. Know what to expect before you are down to the wire on an auction.
Investigate the names you have selected. Check the name in Google to see what kind of site it was previously. You do not want to risk an unsavory connection to the name you purchase.
Decide on the maximum amount you are comfortable bidding for the domain name.
Register with the domain auction company you have selected. Registration is free and you will not pay any fees unless you win the auction.
Enter your bid.
Watch the bidding for the desired URL by visiting the auction website. If you are outbid, you can up your bid. If it is near the close of the auction, look for updates by refreshing the page.
Wait for the auction to close and claim your expired domain name.
Tips and warnings
- The websites each have their own rules. Some of them extend the end of the auction by five minutes if a bid is placed within two minutes of close.
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