Ever thought of a domain name for a website you were dying to launch and then found out that the domain name was already taken? Well, most people looking to own websites have. Luckily, GoDaddy Domain Auctions was established to make sure that you do not have to go back to the drawing board to come up with a new name or settle for a less fitting name for your website. GoDaddy Auctions, a service the company aptly refers to as the Domain Name Aftermarket, allows you to buy and sell currently registered domain names at a price of your choosing.

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Why You Should Use GoDaddy Domain Auctions to Buy or Sell a Registered Domain Name

You Get Your Domain Name Much Faster

The site avails domains for auction for a couple of days or months, within which time buyers can place offers and counteroffers. After the expiry of the auction period, the buyer with the highest bid gets the domain. You might be wondering: what if I don't have a few months to wait for a domain name? Fortunately, there is a very small chance that you would have to wait this long to obtain a domain name. With luck, you might find a domain whose offer expires in a couple of hours or a couple of days. In any case, if you are in a hurry, you could choose your domain from the site's fixed price category, ending soon category or the closeouts category.

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Easy Process of Finding Desirable Domains Names

The fairly straightforward process of finding an existing domain begins with a simple search of the keywords of the domain name you wish to own. The site even offers you a list of featured domain names as well as the most popular names in the auction ranked according to the number of bids or offers placed on them. This should act as a form of third-party validation of a domain name's value. Additionally, you could search for a domain name based on expiry time, price, and so forth.

Great for Domain Selling Business as Well

If you are somebody who has decided to pursue buying and selling of domain names as an online income stream, then you will fall in love with this proprietary service. You can get the domain names of your choice from the long list provided and even use the same service to find buyers for the domains you would like to sell. The only requirement for participating in the domain name market on GoDaddy Auctions is a 5-dollar one-year membership. Get 50% off with the coupon code below.

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You Will Stay Informed on a Domain Name's Registration Status

There are other benefits of using the GoDaddy Actions in comparison to other domain name auctions. For instance, GoDaddy Auctions will list a domain name as expiring if the owner fails to renew the domain, keeping you warned of a domain's registration status. Moreover, you do not have to pay the $5 membership fee if a domain moves into the ‘closeout' status. Additionally, such a domain costs very little, say about $10 to $20. Of course, if the domain expires completely, it becomes available for registration by any interested person.

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In short, using GoDaddy Auctions to buy or sell registered domain names has several benefits. Firstly, you will be spoilt for choice since the site offers a seemingly endless list of domain names. Additionally, you can have the option of getting a domain name immediately if you do not wait for weeks or months before you can own a certain domain name. Finally, GoDaddy Auctions will keep you informed on a domain name's registration status.