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Buying a parked domain name - do's and don'ts.

I currently own (well, rent really) about 30 or so domain names, but i've never acquired one that is currently registered. I am considering buying a top level domain name that appears to be 'parked' at Godaddy. This domain was first registered several years ago and the current registration expires soon. This name previously pointed to an active web page, but currently resolves to godaddy ("this web page is parked for free, courtesy godaddy.com"). So we have a couple of questions:
1. What is the significance, if any, that the domain name now resolves to godaddy and not the previously active web page? The 'parent' website is still active i.e. if the parked domain namer were, for example, "BuyACar".com, the "ford".com page is still active.

2. Godaddy offers a domain buying service. Any feedback as to personal experiences using Godaddy's domain buying service or others would be appreciated.

thank you in advance!

8 Replies

Jake Carlson
3
0
Jake Carlson Entrepreneur • Advisor
Software Development Manager at Oracle
Use pool.com or equivalent domain backordering tool. When a domain expires, the registrar usually keeps it for some time (up to 30 days or so) in order to re-sell it to the original owner. When it's finally released, a backorder tool will snatch it up automatically for you. I would try this approach first.

If the domain gets renewed, you'll need to contact the owner and see if he/she is interested in selling.

Without knowing the domain I can't tell you whether there is significance in GoDaddy being the parked domain provider. It could intentional by the owner or it could have lapsed and it's in the 'grace' period.
Steve Simitzis
1
0
Steve Simitzis Advisor
Founder and CEO at Treat
Agreed with the above - try it and grab once it expires. If they renew, then you have two options:

(1) Contact the owner directly and ask if they're open to selling.

(2) Use a domain name broker like Sedo.com to negotiate for you. Prepare to pay.

If neither of those work, you are out of options and should choose another domain name. I've had no luck with GoDaddy. Sedo seems to be where all the action happens.
Ryan Rigterink
2
0
Ryan Rigterink Entrepreneur
Midwest Manager at Hematogenix Laboratory
If trying to pick up an expired domain. Wait until expired and into the redemption period. Most domains renew at or just prior to expiration date. If in redemption, then work with the registrar to try to pick it up on back order type service. I usually go to the existing registrar because they will be best positioned to resell it. If trying to buy, be sure to buy the avail .net if available prior to approaching the existing owner. Helps negotiation and keeps them from buying it as soon as someone expresses interest.
Kevin Lentz
0
0
Kevin Lentz Entrepreneur • Advisor
Let's ship great products
I bought a domain directly from the owner once for a couple hundred bucks, and that worked well.

I am currently using GoDaddy 'Auction' functionality for another domain. I don't see this working out. I'm not sure how the bidding works, and GoDaddy went from my $100 bid to a $12k minimum bid in 15 minutes.

So I am going to wait until it expires.

I think GoDaddy automatically 'parks' that page on expired domains that were registered through them. They sort of do this as a service so people don't accidentally lose a domain name, and then while it's parked, they send emails for about a month or so reminding the owner to renew.
Rob Gropper
0
0
Rob Gropper Entrepreneur
Director at PetHero, SPC - Member at Eastside Incubator - Principal at Tuxedo Technologies Group
Thank you. I appreciate the pointers. we own the .net and .org versions currently. Given that the registration for this domain is active for at least another month it is surprising that the owner would allow godaddy to park it (redirect to godaddy.com) - if it were my domain and it was supporting an active page i would not be happy that visitors are being redirected.
Bob Binder
0
0
Bob Binder Entrepreneur
Member of Technical Staff at Software Engineering Institute | Carnegie Mellon University

I've had nothing but hassles with GoDaddy. They're fine if you just want a simple registrar, but inept and greedy for anything else - a real roach motel. Their web pages given me a headache too.

I now use United Domains for all my registrations - they're competent, professional, and reasonably priced.

If you can pry the registration loose from GD, which you should be able to do as long as the current owner/admin has set its attributes properly, you can transfer the registration to any ICANN-accredited registrar. You can then host it on any ISP you like. That only takes setting the name server addresses (usually via that ISP's admin pages), which is simple.

https://www.uniteddomains.com/

hth




Rob Gropper
0
0
Rob Gropper Entrepreneur
Director at PetHero, SPC - Member at Eastside Incubator - Principal at Tuxedo Technologies Group
OK, so the domain expired yesterday and is still 'parked' at GoDaddy today. I assume they will continue to ping the current owner to see if they will renew (like they do when i let a domain lapse). What's the consensus here, work with GoDaddy and use their backorder service or use some other backordering tool such as Pool or Snapnames? It's hard to tell just what GoDaddy is up to when it comes to buying domains. This lack of transparency makes me suspicious that they are up to no good.
Ryan Rigterink
0
0
Ryan Rigterink Entrepreneur
Midwest Manager at Hematogenix Laboratory
Last month I was in the same situation owning a.net and.org but wanting to pick up the.com that had expired. I did a backorder with Go Daddy and picked up the.com. It does take 30 to 60 days for the process to occur. The current owner Will have to pay a higher redemption price to retain it so the odds are in your favor that they're just going to let it go. My rationale was to do the backorder with the current registrar so that they were not losing business and did not have any alterior motive from another registrars backorder. I'm not sure that that's the case. It was just my rationale and it played out in my favor.
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