What are expired domains?
Expired domains are domain names that have been registered and the owner has failed to pay to keep the domain. Many people allow the domain name to expire because they think that they own the domain, when in fact, they are only leasing it. When the annual registration has expired, the domain goes into a state of "Pending Deletion." After those 45 days, the domain is put back on the market. Expired domains are very valuable in some instances. Many domains have been developed and have existing traffic going to them, while others are valuable due to the "brandability" of the name. Many people buy expired domains just to sell them back to the original owner. There are approximately 20,000 domains expiring each day. These domains are worth MILLIONS of dollars in the right hands.
How valuable are expired domains?
Here's a of domain sales from the past few years. Each day domains get sold for thousands upon thousands of dollars. Many of those domains are picked up from expired registries.- business.com sold for $7.5 million
asseenonTV.com sold for $5 million
altavista.com sold for $3.3 million
loans.com sold for $3 million
autos.com sold for $2.2 million
wallstreet.com sold for $1.03 million
forsalebyowner.com sold for $835,000
drugs.com sold for $823,456
cinema.com sold for $700,000
art.com sold for $450,000
engineering.org sold for $198,895
fruits.com sold for $160,000
perfect.com sold for $94,000
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