Does this mean that there WOULD be some notification during the "redemption
/ escrow" period to the current registrant that there ARE bids on a domain
name?
Case in point - a company has a domain name that has entered into current
redemption period, requiring U.S. $80 + 1 year renewal to get it out of
hock. They decide that since it's been down this long, may as well wait the
last week (until redemption period is over), save themselves the U.S. $80
and re-obtain the domain as a "new" domain after it has been deleted. There
might be a change of plan if they knew that it wasn't ever going to be back
in the "open market" and the only way of keeping the domain was paying the
"I'm a doofus" fee.
Thanks,
Charles
At 07:14 AM 3/8/2005, you wrote:
>Bake for 30 days (AKA fake redemption period AKA Escrow period)
>-During this time the previous registrant can still "redeem" their name
>-Secure funds from winning bidder
>-advise old registrant how much they get from the sale of the name
>
>At the end of the 30 day period the winning bidders info will be inserted
>into the whois as authoritative, they get the keys to the place the name is
>theirs.
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