How do I buy back an expired domain name? What's the procedure?
DomainCn
Many people are unsure what to do when their domain name expires. Actually, there are methods. Below, we'll guide you through how to repurchase a domain name.
**I.** Determine who owns the domain. This can be done using a WHOIS tool. Generally, domain owners can be divided into two types:
A. Domain squatters: Domain squatters are those who violate existing trademarks or purchase similar domain names to extort or damage your brand.
B. Domain investors: They haven't broken any laws. In fact, they are often the most reasonable when selling domains because they own many domains and are very knowledgeable about the market.
**II.** Research and analyze the domain.
Before contacting the domain owner, consider the following three things:
1) Has the domain already been sold? If so, for how much?
2) Is the domain being actively used?
3) How many similar domains have been sold recently?
By analyzing the above data, you can learn about the domain owner's details and which category they belong to, and begin trying to contact them and negotiate.
**III.** Contact the domain holder.
Based on the above two steps, we can determine the relevant information of the domain contact person, the domain's usage status, and possible offers.
If the domain is held by an individual, the biggest challenge is that they often imbue the domain with emotional value, and more importantly, they typically lack knowledge of typical domain resale prices. This type of domain owner might make absurd price expectations, or their emotional or nostalgic attachment to the domain might prevent a deal from being finalized. In such cases, it might be necessary to have 3-5 similar domains prepared, not only to provide clients with more options but also to persuade the original owner by understanding the market prices of these similar domains.
If the domain is held by a domain investor, unlike individual owners, domain investors know the fair market value of the domain. Most investors also know this and prefer to know the offer before making a price statement. Therefore, they might initially send an email requesting a price, but may not receive a reply. At this point, they might need to send another email to confirm receipt of the first email and may have to provide a reasonable offer.
Domaincn.com Committed to providing fair and transparent reports. This article aims to provide accurate and timely information, but should not be construed as financial or investment advice. Due to the rapidly changing market conditions, we recommend that you verify the information yourself and consult a professional before making any decisions based on this information.