![]() Domains I acquired as closeouts account for about a third of my sales. There’s no auction if the domain is caught.Īgain, these aren’t the best domains. With Discount Club, you are placing backorders at your best offer price. DropCatch offers “Discount Club” purchases that do not go to auction. GoDaddy’s closeout auctions are buy now reverse auctions. There are alternatives, albeit not for the best domains. Some are designed to bid at the last minute to stretch things out. And you might be bidding against a bot that is more patient than you. Most auction services extend end times when someone bids in the last few minutes, so auctions can be drawn out for hours. Then I check again the next week for any new domains.īidding wars are a huge time suck. I check which domains I’ve received once a week and go through the nameserver and marketplace listing process. ![]() I track all of my auction wins in a spreadsheet. This is time-consuming if you log in to your registrar and marketplace accounts each time you win a domain. You probably do two things when you win an expired domain: update the nameservers to point to your favorite landing page service and list the domain for sale on marketplace(s). I price this time cost into acquiring domains there. Because of high renewal prices, you need to transfer them to other registrars once they are eligible, and transferring out of Network Solutions is not easy. And you have to track the domains to make sure you receive them. Even if they are at Network Solutions, they could land in any number of accounts there. You never know where the domains you win will end up. This saves a lot of time compared to the biggest timesuck of them all… Also, all of your domain wins show up in one account, so you don’t have to chase them down. GoDaddy has improved on auction pullbacks, which is a huge benefit for investors. The downside is that NameBright isn’t in the Afternic Fast Transfer network, so you can’t list them for sale unless you move them elsewhere. The domains all show up in one NameBright account, so they’re easy to manage. Also, the domains show up right away - there’s no waiting for domain transfers to complete. Since all of the domains are deleted, there’s no concern about whether or not the registrar partner will pull back a domain like what happens on GoDaddy (although GoDaddy has made significant improvements on this lately). It mostly has to do with what happens after you win a domain.ĭropCatch is perhaps the easiest. ![]() Some domain marketplaces are easy to use, and others are a pain. Choose your expired domain markets wisely Here are five ways I’ve found to reduce the time I spend domain investing.ġ. That said, there are certainly some mundane aspects to investing that would be nice to eliminate. This might be because many investors enjoy the process and don’t think of it as work. Many domain investors I talk to don’t fully account for their time when thinking about their profits. Successful domain investors spend a lot of time researching domains to buy, handling sales, and managing their portfolios. Here are five ideas to reduce the time you spend buying and selling domains. ![]()
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