How does NameJet auction work?

How does NameJet auction work?

NameJet uses a competitive bidding process. If two or more customers place a backorder request for the same domain, that domain will go into a 3-day auction where only customers with previous backorders meeting the minimum bid requirements may participate in the auction.

How does domain backorder work?

Backordering a domain means placing a bid on a domain name that you want for your website but is already owned by someone else. You place a bid for that domain name hoping that the current owner will not be renewing their registration and ownership of it and that it will soon be up for grabs and that you will have it.

What does backorder service mean?

A backorder is an order for a good or service that cannot be filled at the current time due to a lack of available supply. The item may not be held in the company’s available inventory but could still be in production, or the company may need to still manufacture more of the product.

How do I backorder a domain on GoDaddy?

Set up domain backorders

  1. Log in to your GoDaddy Domain Control Center.
  2. Select Buy & Sell > Backorders and Monitoring.
  3. Select Add Backorders.
  4. Select Public for the backorder type.
  5. Select I have read and agree to , then select Next.
  6. Enter the domain(s) you want to backorder (one per line), then select Next.

How do I back order a domain?

How do I backorder a domain name?

  1. Search for the domain you want to register.
  2. If the domain is already taken, select the ‘Backorder’ button next to it.
  3. Go to your basket and select ‘Checkout Now’ to create your backorder.
  4. Wait for the domain to become available.

What is pre release domain?

Pre-Release means the domain is auctioned off sometime before the domain is returned to the Registry (when the Registrar loses control of the domain). This is usually between 7-10 days before day 45. If you win the auction there is still a small chance the original owner will renew the domain and you lose the domain.

What happens when a domain is deleted?

Restoration grace period: Your domain name will be prepared for deletion. Then the registry will disable DNS resolution to your domain. From day 31 to day 60, you may still be able to restore your domain name, but there will be an additional fee to restore it. The restoration fee is set by the registry.

Can I backorder a domain?

Domain Backorder is a service that helps you acquire a domain name once it becomes available for registration. Every domain backorder includes Domain Monitoring and Tracking, as well as Domain Registration for one year once the domain is successfully registered. This service is only $9.00 per year.

What happens when a backorder occurs?

When an order contains a backordered item, it can’t be packed and shipped immediately given the lack of physical inventory at the time. If there are other items in the same order that are in stock, the order may be split and shipped at different times, with the backordered items being shipping at a later date.

Can you backorder a domain?

A Domain Backorder is a service that helps you to acquire a domain name that is currently registered, the very moment it becomes available again. Our powerful automatic domain monitoring system will attempt to register it for you as soon as it drops, as long as the current registrant does not renew it again.

Can I be notified when a domain becomes available?

How do I know when a backordered domain name becomes available? If you purchase a domain name backorder, we notify you as soon as it becomes available.