The existing owner of a domain has the option to renew it and stop it from being up for auction during the first 19 days after it expires. The domain gets put up for 16 days in a GoDaddy auction if the owner doesn’t renew it during this grace period.
The domain enters a “Closeout Auction” for an extra 10 days if no bids are placed within the original 16-day auction period. During this time, the domain is made available on a first-come, first-served basis for a significantly discounted fee, frequently as low as $11.
It’s important to remember that not every expiring domain is sold at auction. GoDaddy is one of the registrars that may decide to keep hold of expired names for a while before adding them back to the pool of available domains. The policies of the registrar may affect this waiting period.
You can quickly access the auction page by searching for the domain on GoDaddy’s website if you’re interested in placing a bid on a domain in a GoDaddy auction. If the domain is currently being auctioned off, you’ll see a “Bid Now” option where you can submit your offer.
On the other side, GoDaddy also offers an auction platform where you can sell a domain if you’re interested in doing so. You must first register for a GoDaddy account before adding your domain to the auction. Before beginning, make careful to study GoDaddy’s policies and pricing because there are costs involved with listing and selling a domain through them.
In conclusion, the registrar might have an impact on how long a domain is up for auction. GoDaddy normally holds domain auctions for 36 days, giving the current owner a 19-day grace period to renew the name before it is put up for bid. The GoDaddy website makes it simple to locate the auction page for a particular domain if you’re interested in taking part. Additionally, you can put a name up for auction on GoDaddy’s marketplace if you want to sell it; just make sure to read their costs and restrictions first.