Not wanting to bore you with the sheer repetitiveness of my existence, I will spare the details of where I am. I will say that the black cod is excellent tonight.
Domain drops are a great resource for finding really high quality domain names. A domain drop is a domain name which was not renewed by its’ owner. Approximately 400,000 domain names expire daily, when their registrants don’t renew their annual subscription. Sometimes this can be quite costly.
A good example would be InvestmentProperty.com.au. The owner had failed to renew this domain name. Apparently, the domain was purchased at an expired domain name auction held by NetFleet.com.au, a domain auctioneer. It sold for over $125,000 – Ouch!!!!!
There are a number of reasons why domain names go unrenewed: Irrational exuberance while hand registering at 2 o’clock in the morning, companies go out of business, projects are scrapped, financial situations change, and so on. Probably the most common reason is that the registrant has a non-working email address on file with the registrar. It is very important to make sure that this information is up to date.
The majority of the domain names that drop, are surprisingly bad names. If you are ready to look really hard, you might find some jewels.
We were able to acquire a few really nice domain names on the drop recently. One domain name is Glassware.TV. This could be a five star destination for a glassware business. It is easy to remember and hard to forget. We also picked up, Lascivious.TV, which, in my opinion, is a really great dictionary word.
There are many places to look for expiring domains, such as SnapNames.com, NameJet.com and Godaddy.com. Please know that there are a lot of domain names dropping daily. Being able to sift between the chaff and the few seeds of grain requires an understanding of what makes for a great name. There are some valuable tools available which can help greatly as well. I’ll discuss those in more detail at a later date.
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