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SnapNames will increase prices for deleting domain names
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Release time：2011-02-16
Browse：4587
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SnapNames will increase its prices for deleting domain names from $59 to $69 starting today .However ,SnapNames will increase the fee only for domain names that are deleted by the registry . Even though SnapNames didn't provided a reason for this price increase,they sent an email explaining how this process will work.
Here is the email sent by SnapNames:
"On February 15, SnapNames will raise the starting bid for backorders for all deleting domain names from $59 to $69. This starting bid increase applies only to orders for names that are deleted from their respective registries (not the expiring or privately held names listed from registrar partners or sellers).
This change applies exclusively to new orders any previously placed deleting domain name backorders will be grandfathered in and remain at a starting bid amount of $59; thus, $59 will be the opening bid if the name enters our system. (Note, if you are the only bidder in this scenario, like today you will be the buyer at $59. If another party backorders the same name after February 15, that party’s opening bid will be at $69 and the system will alert you to raise your bid if you so elect.)
As is the case today, all non-deleting domain names will enter our system at the starting bid price specified by the listing party. Opening bids for those names will stay at the amounts originally set.
There is no change to auction procedures. If there is only one bidder for a name at the time of its availability, the name will be awarded to that bidder. For names with more than one interested party, the names will go to auction and the highest bid at or above the starting bid amount will prevail."Source from Domain News
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Todaynic.com International Limited(Todayisp.com) was incorporated in Hong Kong in 2005, directly under Todaynic.com, Inc. which was established in 2000. As one of the first ICANN (The Internet Corporation for Assigned Names and Numbers), Verisign, HKDNR, and CNNIC (The China Internet Network Information Center) accredited registrars, Todayisp is also a leading provider of services in domain name registration and web hosting.
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