Registering a domain name is a simple process. All you have to do is to find a registrar, choose a domain that is available and pay a certain fee. Once you are done, the domain name will be available for a specific period of time (typically one year). If the owner of a domain name, doesn’t take any actions once this period is over, the domain name expires.
Typically, a domain is not available for re-registration at the moment it expires. However, the vast majority of domain registrars provide a so-called grace period. In some cases, this grace period lasts for a couple of weeks, but in others, it can last for up to one year. It all depends on the registrar’s policy. In some cases, it depends on the domain name extensions. For instance, a .com domain name usually comes with a different grace period compared to a .net domain name. In this case, it doesn’t really matter which registrars you have used.
In case you want to register domains after the grace period provided by the registrar is over, you should learn more about the so-called redemption period. In this case, this is a period of time that usually last between 7 and 30 days. During the redemption period, the previous registrant gets a chance to renew the domain by paying a certain redemption fee. So, they will have to pay both a redemption fee and a renewal fee. This might seem like a bad bargain, but the fact is that the domain name will cost you more in the future.
In case the existing owner doesn’t redeem or renew the domain name, it will probably get auctioned. Any individual can become part of these auctions because they are public. You can place a bid and follow the bidding and obviously, the person with the highest bid will get the domain name.
In case a domain name is not redeemed, renewed or not purchase after the auction, it goes back to the registry. It is the registry that determines when the domain name will become available for registration again, but generally speaking, it should not take more than a few weeks before it becomes available. When the domain name is released, you can choose any registrant you want to register that domain name.
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— JunaidShahidOfficial (@MrJunaidShahid) 22 de mayo de 2017