You got an email from your DNS provider (domain name service) about the upcoming renewal of our website’s domain name. If you don’t renew it, it will expire. An expired domain is not good. You should drop what you’re doing and renew it immediately.
The Lifespan of a Domain Name
A domain name typically comes with terms of ownership ranging from one to ten years. According to ICANN, there are multiple opportunities after the domain name expiration for the owner to salvage it. The renewal of the domain name should be through the same domain name registrar that provides the services for your domain name.
All domain names begin as being available on a domain name marketplace. Once a domain name is selected (or bought) it goes through a five-day add grace period during which the buyer can decide to register it or release it back. After the five days and it is registered, the owner agrees to ownership terms which range from one to ten years. At the end of the registration period, the domain name will enter into a auto-renew grace period which will be up to 45 days. After that, a 30-day redemption grace period will occur. At the end of this redemption grace period, the owner will no longer be able to renew the domain name and it will be released to the marketplace for registration by third parties.
A domain name can be renewed or transferred from the registration period through the auto-renew period and redemption or salvaging of a domain name by the owner can be made through the conclusion of the redemption grace period.
How to Save Your Domain Name After Expiration
The life cycle of every domain follows the same one listed below. Each domain name service provider has its own terms and conditions on recovering an expired domain. Domain name service provider, GoDaddy lists the billing timeline for domain name owners to save their domains after they are expired:
|Day 1||The first of three billing attempts to renew the domain name is made.|
|Day 5||Second billing attempt is made. If the billing fails on the day of, or auto renew fails, the domain name expires and is immediately set to parking. The domain can be renewed by the registrant at no extra cost.|
|Day 12||The third and final billing attempt is made. The domain name can still be renewable by the registrant at no extra cost.|
|Day 19||The domain name can be renewed by the registrant for the cost of a one-year renewal plus an $80.00 redemption fee.|
|Day 26||We add the domain name to an expired domain name auction.|
|Day 36||The expired domain name auction ends. If there are no back orders and no bidders in the expired domain name auction, we list the domain name in a closeout auction.|
|Day 41||The closeout auction ends.|
|Day 43||We assign the domain name to the winner of the expired domain name auction, back order, or closeout. If there are no bidders, we return the domain name to the registry.|
An owner can renew an expired domain name at no extra cost up to day 18. If they renew an expired domain name anytime between day 19 and day 42, they must also pay an $80.00 redemption fee. The domain name might not be available for renewal after day 42.
Your domain name is important to your business. It’s how your business is found online. Don’t let yours expire. If you haven’t gotten a domain name yet for your business or you’ve lost yours due to its expiration, you can find a variety of top-level domain names at Domain Market. We also have premium, brandable domain names available as well. Contact us today to get your domain name and get your website up and running.