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Pre-Selling Domain Names?

Allnighterking asks: "Within the last 24 hours I've been the unwitting victim of a new practice by any number of domain registrars. The concept of pre-selling domain names before they expire. Go to any of the more popular domain registrars and start searching for domain names. You will find dozens of them for sale -with the date they will expire clearly listed-. In my case yes, I was negligent in not renewing. I also did not receive notice that it was to expire either. The day after it expired (or more like 8 hours after). I found out that I was no longer the owner of a domain I've owned for over 3 years, that this domain is now the 'property' of a domain squatter selling google adds on my hard earned search engine status. What can be done? Do we have any recourse?" "Perhaps this is just another case of ICANN , you can't.

Apparently, the sale of expired domains is big business. See this google search for more. It leaves one to wonder what would have happened a few years ago when Hotmail expired. Would Microsoft have been stuck? Or would they be doing what I've been asked to do: pony up 20k to get my domain back!"

1 of 104 comments (clear)

  1. Re:Network Solutions just screwed us too by dtfinch · · Score: 5, Interesting

    I attribute it more to incompetence than malice. They had it locked so we couldn't transfer it. Backordering hasn't worked. Their last response was to use their "make a certified offer" and offer enough to make them want to switch it back. The root of the problem was that the original developer of the site registered the domain several years ago, forgot the login password, changed his home address and phone number, and changed his email address. This is just enough to break all of Network Solutions' procedures for verifying that it's our domain. We've been fighting with them a couple months, calling several times a week. It should be bloody obvious to them that it's our domain. If it wasn't, it's already expired so they could just sell it to us. If they don't let us buy it back, we'll file a UDRP complaint, which'll cost us a couple thousand $ more.