Last week I wrote about the domain name en.org being sold at GoDaddy Auctions for $21,586. Auction ended on the 14th but the domain was renewed on the 16th by it’s original owner. So the auction was canceled and the winning bidder will get a refund.
Enterprise Network, Inc. gets to keep their domain name en.org which they have had since 1995. That was a close call.
So after this renewal I wouldn’t hold my breath on the next 2 letter .org that is currently on auction at GoDaddy: il.org. IL.ORG was registered in 1995 by the Chicago Convention and Tourism Bureau. Will they renew their domain name? They have about 2 weeks to do it and keep it.
GoDaddy has a somewhat strange system. It auctions expired domains but previous owners have about a week after the auction ends to renew their domain names. If a domain name gets renewed the winning bidder ends up with a big nothing and he also has to wait for GoDaddy to refund his auction payment. So in this case the winning bidder will have to wait for a refund on his/hers credit card or for the wire transfer to be returned. In case of a wire transfer he/she will also lose the wire transfer bank fees. He has got to change.
Shucks…as I have maintained, lots of things to be addressed in domaining to instill confidence…
It’s not a secret that many owners of domains with potential let them expire and into auction, to gauge public interest. Then, they simply renew the domain.
In other words it was a publicity stunt
bit confused how this works. i have my eye on a domain that is in GoDaddy Redemption Services but i dont want to bid a lot and then lose it.
Not sure what you mean by “GoDaddy Redemption Services”.
Is the domain name in an auction right now?
If you win and the domain is renewed you will be refunded the full price.