Godaddy Expired Auctions Question

[JB Lions]

Tried to find the answer myself, might have missed it but got a couple of different answers and just wanted to make sure regarding Expired Auctions.

Let's say an Expired Auction today ends at 4PM and it gets 0 bids. When the auction is over, is that name immediately available for somebody to hand register or is it something like a couple of weeks down the line? Somebody told me immediately but then recently I won a couple of auctions for the first time and didn't get the domains for a little bit because the original owner still had some time to get them.

Thanks for any replies.

 

[katherine]

If it's an expired domains that gets no bids, godaddy would normally let it into redemption at some point, then it's 30 + 5 days until it drops and becomes available again.
Now if you win the auction (sole bidder etc), I think you don't take possession of the domain immediately, the holder still has a few days to redeem. I checked the last few transactions in my account, it took 5 days.

 

[south]

Correct, they hang on to it for a few days first. Actually, they (currently) put it in the closeout section for $9 buy it now. The next day it goes to $8 buy it now, etc, until it reaches $5. Then I think it goes to the drop catchers, but not sure after that.