Netfleet has a great back-order service. For $200 up front, you can take a punt and hope that the name you want doesn’t get renewed for some reason.
Probably the number one reason why some domains expire and go to the drop auctions is that the registrant contact email address is out of date. An employee who looked after the domain renewal could have either left or be on extended holiday – or there are many other reasons e.g. a business may have folded or been taken over by another company.
And if you think this doesn’t happen often, then you just have to check out the expired auctions every day!
There are some very smart operators who in their search for domains come across such potential situations (like a business having folded etc), and they get a back-order in. This is a quite legitimate way to make some excellent acquisitions.
Then There Is The Nasty Side
Not going to sugar coat this. I have written about it before. Because of the auDA’s rules and policies, registrants must remain eligible to hold domain names in Australia.
There are certain people who I classify as “ambulance chasers” – they are constantly on the hunt for errors in registrant details e.g. expired ABN / ACN or an old State based Registered Business Name. A few other reasons as well.
So what happens is they make an anonymous or confidential complaint to the auDA; and if it looks like it will be accepted, they place a back-order with Netfleet.
A recent case was DIY.com.au – I wrote about it here.
I think that is wrong – as do many other domain investors – including lawyers! The person that made the complaint and was lucky with the backorder is apparently “related” to a domainer.
Here are a couple of interesting links which give you a bit of an indicator:
Link 1 – DNTrade (interesting to read Snoopy’s and David Lye’s comments – I agree with them totally).
This same person immediately put it back up for sale on Netfleet (I hope they didn’t purchase for the sole reason of re-sale! auDA wouldn’t like that!)
What Should Happen In The Future?
Netfleet recently published their “November News” – in which they congratulated themselves on their “success” in the back-order of DIY.com.au.
We have recently seen an increase in the use of our back ordering system, and for good reason. Its an easy submit and forget way to secure the best name for your business just a few days ago the back ordering system was able to snap the domain DIY.com.au.
I agree with many others. Whilst back-orders are great, they should not be allowed on Policy Deleted / Client Deleted domains. This has been suggested to Netfleet many times, and I believe they should take heed of it. Failure to do so will encourage “ambulance chasing”.
In my humble opinion.
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