I started writing in July about GoDaddy failing to collect payment and it becoming DropCatch’s gain.
I wrote about everydaycounts.com closing at auction on GoDaddy for $2,601. The domain name was at Tucows not GoDaddy.
The winner did not pay and the domain was left to expire. DropCatch got the windfall. It went higher the second time around as the auction closed at $3,150.
It’s not just GoDaddy, Dynadot failed to secure payment on Bimber.com and DropCatch secured another chunk of change.
The domain name which actually sold for $7,500 in 2015 at Uniregistry, expired and went for $1,635 at Dynadot. No pay and the domain dropped. It went for almost the exact same amount, shy $15 at $1,620.
NameJet has also benefited as OrganicShampoo.com closed at $4,050 at GoDaddy auctions, they did not secure payment and it dropped. There was not as much interest on NameJet and it closed at $1,351 on NameJet.
OrganicShampoo.com actually sold for $8,500 in 2013 at Afternic.
The interesting thing about these non payments is most think they just go to the next bidder.
Paul Nicks said as much on Twitter
@PaulENicks We go down the list of bidders, if all back out then we let it drop just like a name that no one bids on.
Joe Styler posted on Namepros that they do not do that with every auction.
Uniformity would be nice at all auction houses.