After a domain expires, there is a 40-day grace period for domain owners to renew their domains. If the domain is still not renewed, it will enter the Redemption Period where it will remain for 30 days. During this time, the domain owner can still renew the domain, but they will need to pay the $100 Redemption Renewal Fee plus the regular domain renewal fee. If the domain is still not renewed, the domain will be categorized as “Pending Delete”, after which it will be released for public registration.
Some people might feel that the Redemption Renewal Fee is expensive, and they would rather wait until the domain is released and then re-register it. This is actually very risky because domain registrations are done on a first come first serve basis, meaning that someone might actually register the domain name before you do. In addition, easy-to-memorize domain names are often traced by internet firms for re-sale purposes, making it extra difficult for the original owners to re-register the domain.
Secondly, domains that are released will lose all of its Page Rank. Once the PR is lost, it takes a tremendous amount of time and effort to regain the previous ranking.
At Doteasy, we offer an auto renewal function for all domains registered with us. By enabling this function, we will renew your domain name for you 5 days prior to its expiry using the payment information that you’ve specified. This is a great function to use, especially if you have dozens of domains to manage!