Why/How do expired domain names get bought so quickly?

Posted by Alex Angas on Pro Webmasters See other posts from Pro Webmasters or by Alex Angas
Published on 2011-02-17T05:21:39Z Indexed on 2011/02/17 7:33 UTC
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domain-names

A relative let my wife's family .com domain name expire. Apart from that being annoying in itself, the domain now redirects to random spam blogs and is owned by someone with almost 5000 other domains according to DomainTools. They also want a fortune to return it.

The family name is pretty unusual and completely unrelated to the spam. So how did they manage to snap the domain name up so quickly and what value is it to them?

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Developer IT

Why/How do expired domain names get bought so quickly? - Developer IT

Why/How do expired domain names get bought so quickly?

domain-names

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