Company increases stable of registrars going after dropping domains.
The company behind expired domain name catching service DropCatch.com has adding 300 more accredited registrars to its arsenal, and now has a whopping 752 registrars. This is according to ICANN’s public list of accredited registrars.
DropCatch.com, which is owned by the same people behind HugeDomains and NameBright, is a traditional expired domain service that goes after domain names when they fully delete after pending delete. Winning expiring domain names this way depends on good timing and, frankly, the “fire power” of multiple registrars to ping the registry.
I can only imagine that DropCatch ran the numbers and determined that creating 300 more registrar accreditations would give it a substantial leg up in the expired domain name business.
DropCatch’s standard backorder rate is $59, subject to an auction if there’s more than one person who backorders the domain. It offers discounted dropcatching as low as $15 per name.
I don’t understand why anyone does business with these people. The $59 backorders are subject to a public auction where they do their best to find as many people to bid against you as they possibly can on the domain you found for them.
Their $15 backorders are ridiculous because the deal is that you only get the domain if DropCatch thinks the domain is worthless. If they like the domain you found, they keep it and put it up for sale on HugeDomains.com.
How is this attractive to anyone?
and how many does snapnames have?
What is cost to sign up for 1 (let alone 300) and what is annual renewal cost of 1 registrar?
It sucks for us, but let’s be honest the Reberry brothers are geniuses! Monopolize a market that’s not regulated. 🙂
Right now the dropcatching business (for established gTLDs) is hardly a monopoly. On the contrary, it’s an arms race.
Dropcatch.com has enlarged its registrar fleet in retaliation to Pheenix doing so recently. And let’s not forget NameJet and SnapNames, which are vying for the same pending delete domains.
get adding some more snapnames! you’ve got to wonder how long trying to one up with registrars can these companies go.
I don’t use DropCatch, cuz I dont like public auctions.
Another supporter of SnapNames, because I don’t like public auction.
same here..
How many total registrars are there?