So what's this Domain Backorder thingy?
I've been meaning to buy a domain for a while, but as it turns out, somebody already owns it. Name.com however, gives me this option to "Backorder" the domain, since the current owner's license is scheduled to expire in a couple of months' time.
What exactly does this entail? Do I get it automatically as soon as it expires? Does the owner get to decide if he wants to renew it and if he turns it down, then I get it? Do I get a chance to bid on it once the current ownership exactly?
What exactly does it mean?
Secondly, how do I ensure that the domain lands up in my hands, preferably now but as soon as it expires in case the former is not possible?
Thanks a ton!
~Pragun
David