I am now the winner as the second place bidder. (1 Viewing)

MapleDots

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Domainers need to read all the fine print or check the renewal fees on sites like tian.hu before bidding if it's a GTLD domain.
True, but the marketplace needs to make it absolutely clear with these absurd renewal fees.

No one is bidding on a domain and expecting a $3K/year renewal fee.

Brad
 
True, but the marketplace needs to make it absolutely clear with these absurd renewal fees.

No one is bidding on a domain and expecting a $3K/year renewal fee.

And according to the OP, he was using the GD Investor App to bid and it doesn't show the renewal price.
 
And according to the OP, he was using the GD Investor App to bid and it doesn't show the renewal price.
Yeah, I am going to try to check that.

If there is no disclosure, that would be a major issue.

Any credit card issuer would likely side with the complainant regarding that.

Brad
 
Personally speaking, if I was running GD, I would not have recently expanded into "premium renewal" expired domains. The last thing you need or want is to have customers be in any way nervous or apprehensive about buying your products, and that's exactly what is happening right now.

With all this negative "premium renewal" hoopla online, it's gotten to the point where newbies are looking to bid on expired .COM domains and asking if there is a premium renewal or not. If you don't get into the premium renewal market at all, then no one is hesitating or asking questions, they're just buying and creating revenue for GD.
 
Personally speaking, if I was running GD, I would not have recently expanded into "premium renewal" expired domains. The last thing you need or want is to have customers be in any way nervous or apprehensive about buying your products, and that's exactly what is happening right now.

With all this negative "premium renewal" hoopla online, it's gotten to the point where newbies are looking to bid on expired .COM domains and asking if there is a premium renewal or not. If you don't get into the premium renewal market at all, then no one is hesitating or asking questions, they're just buying and creating revenue for GD.
Yes, I think it it is a mistake to deal with this "premium" renewal fee nonsense.

Brad
 
I feel these back order companies need to add the registry price as well right off the bat (it is baseball season) to the original back order to prevent zero confusion.

It makes one wonder how many people refuse to pay for auctions because they don’t see the registry fee.
 
I feel these back order companies need to add the registry price as well right off the bat (it is baseball season) to the original back order to prevent zero confusion.

It makes one wonder how many people refuse to pay for auctions because they don’t see the registry fee.
At this point its basically a scam.
 
I recently backordered a GTLD domain with standard renewals and it didn't drop so I e-mailed the registry and they told me the cost of registration and renewals is 4 figures. NO THANKS

Let them make everything premium renewals or registration price. End users will go with .com if it's available or other tlds that is standard price.
 
Let them make everything premium renewals or registration price. End users will go with .com if it's available or other tlds that is standard price.

Sure, until the scammers at ICANN start allowing this through "new contracts".

They have already tried several times to transfer rights given to "new gTLDs" over to "old gTLDs" but it's failed so far. But greedy ICANN and Verisign will never, ever stop trying.
 
Sure, until the scammers at ICANN start allowing this through "new contracts".

They have already tried several times to transfer rights given to "new gTLDs" over to "old gTLDs" but it's failed so far. But greedy ICANN and Verisign will never, ever stop trying.
Variable pricing is unlikely to happen with .COM because of the wide usage. It is like a built-in protection against it.

Large companies often own thousands of domains, and many premium ones. They are not going to be on board with that type of scheme.

It would be rejected at every level.

Verisign is lucky to have their no-bid contact. They shouldn't play with fire.

Brad
 

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