Many experts would rather buy an expired domain than acquiring a new one. There are three reasons why it is best to buy an expired domain – 301 direct, building Private Blog Network and building authority sites. All these things boil down to one goal – increase the ranking by enticing more traffic.
Now that you know the reasons why it is best to buy an expired domain, it is time to know how to buy expired domains. Here’s a guide to securing expired domains:
Identify the domain name type
The first step to securing an expired domain is identifying the domain name type of the expired one. There are six kinds of domain name types to include pre-release, closeout, on hold, redemption period, dropping, and deleted. If you have no clue what type of domain name you want to buy, check the details in the WHOIS.
Securing pre-release domain
The pre-release domain refers to a domain that has not been renewed by the owner before the expiry date. The registrar will arrange an auction and sells these domains. The highest bidder wins. To buy this, you need to go through the domain’s auction source and contact the registrar.
Securing closeout domain
Closeout domain refers to an expired domain, which is not bought during the pre-release auction. To sell this kind of domain, the registrar will offer a discounted buy-it-now price. To buy this, you need to transact from the buy-it-now source. The source will sell it on a first-come-first-served basis.
Securing on hold domain
On hold domain refers to expired domains that are placed under Registry Hold. To buy this kind of domain, you need to contact the owner. The owner should renew the registration of the domain name and then you can buy it directly from the owner.
Securing domains under redemption period
A redemption period domain refers to expired domains under the Redemption Period. To buy this kind of domain, you also need to contact the owners and let them renew the registration of the domain name. After that, you can buy it directly from them.
Securing dropping domain
Dropping domain refers to expired domains and already in the queue for deletion from the registry. To buy this kind of domain, you need to backorder service. The moment it is dropped, anyone can get the domain that is why competition is fierce. Look for a backorder service to help you secure a dropping domain.
Securing deleted domain
Deleted domain refers to expired domains that were dropped from the registry. The acquisition is the same as when you register a regular domain.
Now that you know these things, you have an idea what to do in case you are faced with different kinds of expired domain names.