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How To Sell A Domain Name

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Backordering for a domain name is a well-known process used by a number of expired domain traders. At present, domain backordering service firms offer five different types of model that focus on targeting different stages of domain deletion cycle. Each one of these models has its own weaknesses and merits. Domain backordering is also a preferred process that can yield you very good results. However, there may be a small glitch in the standard backordering process, as the success or failure depends entirely on the level and efficiency of coordination and assistance between different registrars, the cost of backordering and the inclination of an expired domain traders in using such a service.



Tip: If you want to enhance your domain backordering success rate, you may wish to subscribe to a number of backordering services.

Let us know what exactly domain backordering is! It is a useful service that tries to register and grab an expired domain for and on behalf of a subscriber before others grab and registers it. Backordering is an extreme natured process, when you want to buy a very good domain name before other pounces on it. However, not all expiring domains can be backordered as the owner of the domain might renew a particular domain before its final deletion or the domain might be even under the Hold status facing a trademark or intellectual property ownership dispute.

Domain Backordering process:

All domain names are registered for a predetermined period of one to ten years and the owner of the domain can renew his or her domain within this period. If the owner fails to renew the domain name, then the domain in question will go through a series of processes until its final deletion from the registry. Here are the stages of a domain deletion cycle:

Expiration of domain name registration: Once the owner fails to renew a particular domain, the registrar will place that domain under the Register-Hold status when the said domain can only be renewed. The grace period offered by registrar vary from 30 and 45 days. But, the domain will be disabled, so that the owner will not be able to use more common features of the portal like e mail and links. To get back these features, the owner must pay the renewal fees along with penalty fees.

Deletion of domain name: At this stage, the registrar will delete the non-renewed domain names.

Redemption Period status: At this stage, the expired domain name can only be restored and not modified or ejected. Requests for any changes will not be entertained at this stage. The domain will remain in this stage for a maximum of a month, during which the owner of the domain can get back the domain by:

Contacting the registrar

Paying off the required fees including a penalty fee of around $200. Once the required fees are paid, the domain will enter a stage called “Pending Restore” that be in vogue for a period of seven days. At this juncture, all features like email access and web pages are restored back to the owner of the web site. Soon, the registrar will submit a restore certificate to the Registry. Soon after the Restore command and Restore reports are approved, the domain will go back the active status.

Pending Delete Stage: If a domain stays in the Redemption period even after five days, the said domain name will be move over to the Pending Delete stage that lasts for about 5 days. At this stage, the domain will be deleted finally; either the registry or the registrar cannot change the status of the domain.

Deletion Stage: Soon after the sixth day, the registrar will delete the name from the registry. At this stage, the major registrars will release their stock of expired domain names in batches at 6.30 AM.

Hint: Registrars will have in insider information about the deleted names five days in advance and some of them may even pass on this sensitive information to speculators around the world. The batch release is unique and special to VeriSign, while others delete expired domains in a real-time mode within 45 days after the original expiry date.

The last one or two phase are the most critical time period for an expired domain trader, as it is the occasion when most of the good domain names are grabbed by smart domain name traders. Domain name back ordering process comes to your immediate help during this time and you can also grab very good domain names by using this process.
How To Sell A Domain Name
As an expired domain trader looking for a good domain name, you may face a number of difficulties and challenges like fierce competition, lightening quick registration by your competitors and exorbitantly higher buying prices. To avoid all these hassles and to buy very good domain names, you can use a number of domain backordering models offered by well known backordering services. Here are some of the famous and recognized domain backordering models made available by backordering firms:

First Model that offers services by individual and separate registrars:

Some well-known registrars offer this model by refusing to delete the expiring domain name especially at stage 2. However, they may assign a particular domain name to an individual, who has paid the required fee to backorder the domain. Examples of registrars are: http://GoDaddy.com and http://eNom.com.

Second Model that offers services with the help of Coordinated Registrars:

This model offers a single window, application point for backordering a domain by multi-registrars. You may need to submit a request through http://SnapName.com web portal which eventually works with the registrar of a particular domain just before the final deletion. Examples of registrars are: Network Solutions.

Third Model that offers services with the help of the Registry:

All of us know that VeriSign controls the registry and it has the power to guarantee that any domain names deleted at stage 2 is redistributed to an interested buyer, who has registered to VeriSign's much hyped Waiting List Service or WLS. Any ICAAN registered and approved registrars can offer this service. It offers you two distinctive parameters when compared to a standard registrar type of model.

a) First, registrars offer this to those people, who can opt to offer a particular domain to their customers,

b) Second, only the registry has the complete control over the domain names that reside in the third stage

Tip: If there are no pending backorder requests for any domains forwarded through WLS, the said domain name will advance to the fourth stage after which dedicated software can grab it for immediate purchase.

Fourth Model that offers services by using automated registration software:

You can capture those domains that pass the registry at sixth stage. Using good software, you can send electronic requests for registering a domain with the help of an ICAAN accredited registrar. However, this is perhaps the most famous model that poses you several challenges that concerns how quickly you are grabbing an expired domain name. With good software, you can post simultaneous requests at the same time.

Fifth Model that offers you service by using a Multi-model Strategy:

To enhance your chances of winning a good domain name, you may need to use all the above mentioned strategies and models by subscribing to respective services. However, a number of expired domain name traders are approaching VeriSign to use their WLS service to bypass the registrars, who always delete expiring domain names paid and registered through them, provided there is not backorder requests made against those domains. All these models require considerable amount of skills and dedication from you, before you can grab a good expiring domain name.
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John Khu has sinced written about articles on various topics from Fitness, Disease & illness and Computers and The Internet. John Khu is a author and also a seasoned professional with vast experience in expired domain name business. He is also the owner of the path breaking web site called
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So enjoy your visit to the site and dont forget the Warmest Welcome in Town is only a phone call away!
 
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