Find Expired Domain Names

December 19, 2009

Part 3: Buying Expired Domain Names

After reading Part 2: Uncovering Hidden Expired Domain Gems, you should hopefully now have an understanding on how to recognize a quality expired domain name. Now that you have uncovered your hidden gem, the next step is to purchase the expired domain name.

Buying Expired Domain Names

Once you have chosen the expired domain name that you want to buy, click on the green “Buy” button beside the domain name. This should take you to TDNAM listing for the expired domain name.

The listing should look similar to the screenshot below:

auction

Before going any further, to purchase an expired domain you must first have a Godaddy account with TDNAM membership enabled. Membership is relatively cheap at $4.99 for a year.

You can sign up for TDNAM membership here.

Also, make sure you take note of the exact time and date that the auction closes. I tend to bookmark the page so I can easily access it before the auction closes. Write down the date and time on a notepad and put it somewhere so you won’t forget.

The last thing you want to do is miss bidding on the auction because believe me it does happen!

Advice for Bidding on TDNAM Auctions

Before you place a bid on your target expired domain name I want to give you the following advice.

Don’t Bid on an Expired Domain Name until only a few minutes are remaining

It’s very important that you remember this advice. If you place a bid on an expired domain name then you are sending out a message to all the expired domain hunters by saying “Hey come and check me out I’m a good expired domain!” This can therefore result in you having to bid against a number of other people for the targeted domain – causing the price to rise!

Take my advice, it is always best to save your bids to the last minute and then strike.

Don’t get emotionally attached to an expired domain

If you have ever been a member on ebay or any other auction trading site, then you will know the feeling of being in a bidding war against someone else. You both keep bidding against each other until one of you throws in the towel resulting in the other person winning the auction. You will find exactly the same situation also happens with expired domains at TDNAM.

I therefore advise for you not to get too emotionally attached to the expired domain you are bidding on. I know it can be difficult to let the expired domain go if the bidding gets too high.

Set yourself a limit as you will only end up paying more than what you would have liked for the domain.

Remember, there are thousands of new expiring domains that become available each day, so if you don’t win the auction for the expired domain name you are after, the chances are there will be another opportunity waiting around the corner.

Conclusion

That concludes my article Part 3: Buying Expired Domain Names. To recap, in the previous parts of this series I have explained and outlined ‘how to find daily expiring domain lists’, ‘how to properly research and identify expired domains’ and ‘where to buy expired domain names’.

In Part:4 the final part of my expiring domain names series, I will reveal the dangers and some frequently looked over pitfalls of buying expiring domain names and how you can avoid falling into these traps. I have learned from these mistakes and will share these experiences with you so make sure you keep a look out for this very interesting article I will be posting shortly.

Fox Marketer

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December 11, 2009

Part 1: Introducing Expired Domain Names

Filed under: Domain Names — Tags: expired domain names with traffic, find expired domain names, search expired domains — FoxMarketer @ 3:03 am

This is the first of a series of posts that I am going to write about on uncovering the hidden gems of expired domain names.

I have found over the past few years that there is very little information on the internet regarding expired domains and how to properly utilize their potential.

I must admit I had seriously considered putting this material into a report and selling it, but after some thought I’ve decided to post it on my blog so it can be of benefit to everyone who reads it.

Here is what you can expect in the next upcoming posts:
Part 1: Introducing Expired Domain Names
Part 2: Uncovering Hidden Gems – My Personal Method
Part 3: How to Purchase Expired Domain Names
Part 4: Warning! Don’t Get Scammed By Expired Domain Names

Today we are going to look at Part 1: Introducing Expiring Domain Names

Introduction:

For those of you who know me, before I got into internet marketing I was involved in the domain industry – principally I was buying and selling domain names for a profit.

One area in domaining that particularly interested me was expired domains.

What I quickly discovered was that thousands of expired domains become available every day and in most cases it is because the registered owners have failed to renew them for any number of reasons.

Some reasons could be:

The owner has simply forgotten to re-register the domain
The owner does not want the domain any longer and has let it expire.
The domain once belonged to a business that has recently closed down and let the domain expire.
The owner of the domain name has died.

So what happens to the expired domain?
Everyday lists of expiring domains are posted on various sites. Domainers will scour these lists looking for potential domains which they can either develop, or resell for a profit.

But before this happens the person interested in the domain has to purchase it at auction through Godaddy’s TDNAM (The Domain Name After Market).

The Domain Name After market (or TDAM as it is referred to) holds auctions of thousands of expiring domain names every day.
To be able to bid for a domain name at auction you need to be a TDNAM member, this membership will only cost you a few dollars and is well worth the money in my opinion.

Research:

It is important to remember before you get into buying expired domain names to conduct thorough research beforehand. My advice would be to have a close look at the backlinks, page rank and existing site traffic which can help you make an informed decision.

Thankfully, there is a handy free tool which displays all this information right beside each expired domain name.

Let me introduce you to FreshDrop – a place you will become very familiar with if you are looking for expired domains because Freshdrop contains a wealth of information, and is one of my main places where I conduct research into expired domain names.

You can either sign up for a free account, OR get access to a free 10 days membership of the pro version of Freshdrop. I recommend you sign up for a 10 day FREE pro membership as you are very limited to the data feeds you receive if you are just on the FREE membership.

In my next post (Part: 2) I will reveal my step by step strategies on how I use Freshdrop, along with a combination of other free tools to uncover profitable expired domain names. It will be a large and informative post packed full of information – so keep a look out!

Fox Marketer

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