Net24, a New-Zealand based web hosting provider, today announced that they launched Expired Domains, an online service that allows people and organisations to view, bid for and register expiring and recently released .nz domain names.
According to the company, the new service provides a quick and easy preview of soon to expire domain names and enables people to bid for them prior to the Registry releasing them. The highest bidder is awarded the domain name at the bid price and only charged if the domain name is successfully registered on their behalf by Expired Domains. The launch of Net24’s new service follows the .nz Registry’s recent decision to make available to authorised .nz Registrars a daily list of .nz domain names that will expire within 24 hours.
“For a variety of reasons, several thousand domain names expire every month, some potentially valuable to the right owner. Occasionally real gems emerge, waiting for a canny (or lucky) web operator to snap up, if only they knew where to look. We calculate that around 2000 domain names expire every month,” says Mike Schupbach, Director of Net24.
The service was developed in partnership with Net24’s Registrar division, 1st Domains. Expired Domain’s minimum bid price is $25 and the top-bidding price includes a one-year domain name registration. An extensive list of recently released domain names can also be registered for $25 for a one-year term with 1st Domains.