Fees go up by $10 next week.
SnapNames and NameJet are increasing their fees to catch pending delete expired domain names.
The sites will increase their minimum fees by $10 to $79.00 on Tuesday, July 19. The fee increase will not apply to domains already ordered at the $69.00 price.
SnapNames and NameJet pooled their resources earlier this year to go after pending delete domains.
SnapNames is 100% owned by Web.com (NASDAQ:WEB), and NameJet is a 50/50 partnership between Web.com and Rightside (NASDAQ:NAME).
SnapNames says the fee increase is necessary as it invests in more resources to catch these expiring domains.
Catching fully-expired domain names requires a combination of lots of registrars and sophisticated timing.
NameJet already increased its pending delete backorder prices earlier this year when the partnership with SnapNames was announced.
Some competitors offer lower pricing for drop catching.
On the NameJet side, the price increase will apply only to Pending Delete names. Registrar expiry and private inventory offered on NameJet will not be affected.
Argh… 🙁
Snap should focus on winning over dropcatch before jacking up the pricing. They are losing a majority of the drop to them. All resources should be allocated to that, not a price increase.
Web.com is morally and ethically bankrupt. Their CEO, David Brown is a big crook.
Web.com rips off their customers all the time. David Brown belongs in jail.
Good news.
I never used their service, and I won’t 🙂
We appreciate all the responses here and the coverage that Domain Name Wire provides. As many of the readers here know, SnapNames is the clear leader in acquiring domain names on the drop. If you are actively placing orders in your SnapNames or NameJet account, then it is clear to you that we acquire a majority of the domains in the drop.
You’ll also know we’ve made significant improvements in many areas, simplified our website navigation, improved our advanced search tool, acquired credentials from competitors and integrated with NameJet to power their pending delete orders.
More exciting news will be released in the coming months as we continue to enhance our offerings to better service our loyal customers.
Support tickets are no longer being responded to at SnapNames as of November 2017. SnapNames may be going out of business. Customers are being charged for orders but acquired domains are not being delivered.