SHORT ANSWER: An expired domain is a domain name that’s registration has expired.
LONG ANSWER: In order to claim ownership of a domain name, it must be registered either in your name or in your business name, your choice. Once it’s registered to you or your company, it stays registered for one year. Then, every year you renew ownership of that domain name. Domain name renewal costs everyplace from $5 to $15, depending on which domain name registrar you use.
Most domain name registrars give you the option of a multi-year renewal, which saves a few dollars and the headache of renewing every year. Multi-year renewals are a excellent thought if you have a domain name you are pretty particular you will want for the foreseeable future.
Even if you choose to let go of the website emotionally caught up to the name, you can always use it for PPC and affiliate ads like the huge guys do!
An expired domain is simply a domain name with an expired registration. If you don’t renew your domain names at the end of each year, they become available for buy on the open market.
Who would miss a domain name renewal?
- Maybe the domain name wasn’t so excellent with all!
- Absentminded website owners who simply neglected to renew their domain names;
- Webmasters who got tied up in other ventures or interests;
- Webmasters who discontinued a site due to time constraints;
- Webmasters who ran out of money to continue to operate.
As domain name renewal comes around, you should get several renewal notices from your domain name registrar. If your email take up on file with your domain name registrar is invalid, you will miss your renewal notice!
These days, when a domain name expires, domain name registrars “take over” the name for a few months afterwards, before releasing it to be sold again. Domain name registrars park that page with PPC ads on it so they can rake in the profits – no matter how small – from any continuing traffic you’ve built up. The parked page will now be filed with Pay Per Click ads with all the money going to the domain name registrar. Smart!
Here’s the rub: if you choose you want the name back with it’s expired and the registrar has assumed control of it, the registrar will charge you everyplace from $50 to $150 (those are the prices I’ve seen) to pull that domain name out of limbo and reinstate it to you! (This is a excellent indication of how much even a domain that didn’t get much traffic is worth!)
The lesson here is, if here is any chance you can use that domain name, make sure your email take up is excellent so you don’t miss your renewal!
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