If you are pursuing option 1, then you will want to use an automated service for the reasons mentioned in the article. Follow the process in the article to see which registrar the domain name is located at. If it’s at a Auction House like GoDaddy, NameJet or SnapNames, I believe they publicly share if there is a backorder on a domain name but not who placed that backorder. (Any interest in a domain name may be enough for someone else to place a backorder, thereby driving interest in the domain name that may be visible to the registrant.) So if the domain is at a registrar partnered with one of these companies, then you’ll have to monitor it manually (via calendar entries based on the whois expiration data) to maintain your distance.
Some jerk stole my .com domain name after I had owned it for 10 years and accidentally let it expire, and he’s trying to extort lots of money from me for its return. On the site where it says who owns it, it says “Domain Status: clientTransferProhibited”. What does that mean? The domain expires on September 26. He’ll probably automatically renew it, like he has for the past couple of years. But in case it becomes available, I want to grab it. I’m the only person in the world with my name, and I posted at a blog for 10 years with that domain name. So I’m really upset I don’t have my own name anymore.
Sir I am a newbie and a lot interested in doing this business but I don’t know fron where and how to start it. How to purchase where I have to pay and how I have to pay all sort of questions are there in my mind. So sir if you could email me the details then it would be of great help. Its been months searching but I hadn’t purchased any domain yet.

If you *really* want to be sure the auction partner is NameJet (because it’s a name you cannot afford to lose in the drop), you can email the technical support team at SRSPLUS and ask them if they follow the same expiration/auction procedures as Network Solutions. Be specific and ask, “Will the domain name, (fill in), expire and be available for auction on NameJet.com as the process is listed at https://www.domainsherpa.com/how-to-grab-an-expiring-domain-name/?”

Finally, we’ll look at a bit of a different animal in the expired domains world and that’s pending delete. To do that just click on the pending delete button which is right next to the Go Daddy Auction’s button. What this does is it shows you domains that aren’t quite deleted yet. So, they’re right before they get into this deleted category in expired domains. They’re going to be deleted, so they haven’t been renewed by whoever registered them, so they’re going to get dropped.
Answer: Many auction sites will allow you to backorder the domain name for free. Follow the process above to find the domain name registrar and auction partner site. Then sign up for an account at the auction partner site and enter a backorder. But remember, the domain name may transfer to another registrar at some point so refer to Step 1 above periodically.
1) pending delete auctions.  These are domains that were not renewed and are going through a pretty complicated drop process.  You can backorder these names at the auction venues and then each attempts to "catch" the dropping domain.  If one is successful you win the domain at $59 if you're the only one to backorder the name.  If more than one person backordered the domain a 3 day private auction is held.  Once the domain goes through the drop process, the back links have pretty much zero SEO benifit to the new domain owner.

Yes, we port in all of the domains from NameJet, SnapNames, etc. There are a lot of great deals to be found. Some are absolute trash of course but if you can sift through them and put some time in (hopefully that is what we are trying to do with our tools is save time and give some value add with the SEO metrics, alerts, etc.) then you can find some great bargains.
Ultimately, I was left with a semi-automated process of scraping sites and running an intricate series of processes to come up with a list of expired domains that I then had to evaluate by hand. This meant I had Majestic and Moz open to check the backlink anchor text and Archive.org to check for obvious spam for every single possible domain. The process was excruciatingly slow and tedious, but absolutely necessary to find domains that would be suitable for building out.
I am trying to find the auction house partnered with “Registration Technologies, Inc.” (http://registrationtek.com/). They appear ancient, but still active. I have attempted to contact them and received no response to my queries. How would I go about finding the auction house they are partnered with? Are you certain that all auctioning partnerships are exclusive?
I've seen some people comment about losing the link value of domains that have expired and picked up, but what about non-expired domains?  Let's say a competitor is going out of business and they still have a year or two left, and we buy their domain and site.  Is there a risk changing registrant info and registrars, even if I keep their site up and mostly the same as before?  I was under the impression that I'd want to keep it under their name so as not to hit the uber-reset button on the domain's inbound link value.
The results can be different on a daily basis because more and more domain names expire on a regular basis, and some of them are worth real money. All that they have to do is to key in particular keywords that clients regularly search for in their niche and appear on the first page of most search engine results. You can get more that a dozen of expired domain names daily using this fantastic tool.
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