Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Athena]

Guys do you think GoDaddy backorder service worth it? I really like a domain and there's couple months till expiration, someone might be faster than me. So a backorder service to catch expired domains would be nice.

 

[PenguinManiac]

If you really want to get a domain, then the GoDaddy Backorder service may not be enough, especially if it's a highly disputed one. In fact, you would probably have to face backorders coming from other services (or maybe even from GoDaddy itself), meaning that you may have to pay higher prices for it in order to overcome other competitors.
So, before using their service, you should check out how requested the domain you want is. You can easily do that with any Whois service (give DomainTools a try), and see how many previous Whois requests have been placed (of course, you should not completely rely on that, but it's a good starting point); you can also ask Godaddy if any other backorders have been placed on said domain. If you get a low Whois requests in the first test and if they tell you there have been no other backorders, then congratulations, there's a good chance you won't find any competitors in buying the domain. What does this mean? Well, you can safely use GoDaddy Backorder to secure the domain you want at a fair price (you don't want it to be snatched by some quick-moused guy on the other side of the ocean at the very last moment, do you?).
However, if it's a requested domain, things might get ugly. This means that not only GoDaddy may fail at securing your domain, but you could even have to face other competitors in an audition, meaning price could get as high as hundreds of dollars. In this case, you'll probably want to rely on multiple services to have the highest possible chance (right next to Godaddy), like Pool, Enom or Snapnames (recommended if your domain is hosted by Network Solutions). You'll have to spend a little more, but they're worth your money, if you really want to grab that domain (and if it's a good one, of course).