Mike Davidson wanted to get an expired domain, took him 3 months and he explains the processes involved. I have never tried to get an expired domain & never realised the ups and downs involved. This guy explains it well, you feel for him. Follow the title link for the full post.
I placed a backorder through GoDaddy for $18.95 thinking that was all I needed to do. During the week that followed, I learned a lot about the domain expiration process. Two and a half months and $369 later, I am the proud owner of a shiny new domain. A really really good one.
Once deleted from ICAN it goes into The Drop exactly 75 days after the listed expiration date.
“The Drop” is the unpredictable three hour period of time in which the domain is deleted from VeriSign’s database and released back into the ecosystem.
No point in trying to get it yourself
I quickly found out that there are no fewer than three major services which specialize in pounding away on VeriSign’s servers during the drop period.
He details the auction system he finally entered
The system immediately auto-upped the current bid to $369 and I was the leader. Six nervous minutes, fifty browser refreshes, and a thousand heartbeats later, my opponent was nowhere to be found and the domain was mine…