We all know about buying lands (Real Estate), but do you know that there is process of buying domains which aren’t available to register? Yeah, GoDaddy Auctions is the right place having a huge pool of domains available. There are millions of domains available for auctions, Brand names, Word Meanings, and even your names, so basically a little time to spend to get your domain name. Here in this post, I’d be reviewing GoDaddy Auctions — Pros, Cons, Procedures & Tips for getting a successful domain.
Pros
Very easy to find a domain. - Prices are affordable.
- Expiring Domains gets original domain validity.
- GoDaddy Payment Processor (Accepts Indian Debit Cards).
Cons
- Expiring Domains have 7 days time to settle (So if owner renews, you loose the bid & gets refund).
- Renewal Costs Extra.
- GoDaddy Auctions Subscription needed for bidding.
- MasterCard aren’t accepted.
- Limited Time to bid
Procedure
- Head over to GoDaddy Auctions and click Advanced Search
- Enter Keyword, Extension, Minimum Age for domain, Characters according to your needs & Search
- Once you find your domain, If it has at least 2 days then wait 2 days and before the time left reaches 10 minutes, Bid yours.
- If the domain your looking for is a Buy Now domain then get it right away before anyone takes it.
- Pay for the bid chargers & 1 year renewal and wait for confirmation message.
Tips
- Never bid early, Bid at the last moment (10 minutes or so) to get the cheapest rates.
- Make sure your subscription is active (if needed) before you bid.
- Look for Buy Now domains rather than bidding.
- Never tell anyone about what domain your looking at (Chances that they might tell to others and acquire it before you do).
- Never contact the owner, even If you know his/her details.