Why you should renew domains in advance

Hello everyone,

Today I wanted to share my point of view on why you should renew your domains in advance and the benefits of it.

So let’s check at how renewing your domains for a longer period than a year might prevent a big headache in the course of time.

1) If you’ve developed a website and worked hard for marketing your brand and receiving a great number of audience on your domain name, simply don’t let that site suddenly go dark because you forget to renew the domain on due time. So when your registration expires, any services associated with the domain (your website, email service, and so on) stops working. Sometimes the domain renewal alerts can easily get overlooked due to aggressive spam filters on your email account, an overflowing inbox, or any of life’s other distractions.

2) As it may happen with anyone and there are some situations happening around us which are not in our control like the current global situation regarding the virus and its impact to overall humanity. This may lead to weak financial condition, savings are needed to be used for some emergency and more important needs and last but not the least, the lack of domain sales can kill the cash flow in such tough times.

3) There are also some cases where investors tend to renew domains each and every month as the renewal comes for their large portfolio of domains but with any sudden death in family or the domain owner itself, hospitalization, any case of emergency, etc may put your domains at risk of expiring and ultimately to drop. So it’s better to renew a lot in advance.

4) Another positive side of renewing the domain is like when any endusers or domain brokers find the domain is near to expiration, they may try to wait for the domain to drop and either hand register it or backorder to secure the domain. But when your domain is renewed in advance let’s suppose for an addition of 3 or 5 years, chances are high that the interested party would try to contact and buy directly from you rather than waiting for years for the domain to expire.

So never give a slight hope to anyone that your good domains are going to drop anywhere in the near future. Give yourself peace of mind by renewing your domains far in advance so you don’t accidentally lose them.

As for my portfolio, when it was around 1,000 domains, it was quite easy for me to renew domains for at least a couple of years ahead of expiry. But with the portfolio growing and now little over 4,000 domains, it’s difficult to renew that much in advance. But still I have all my domain keepers renewed for an additional 1 year.

Feel free to give your feedback about my strategy and share your own to let others know.

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Emeka
Emeka
24 days ago

I agree.Buyers with eyes on the domain always like to wait to see what happens if you would drop or let expire.On domains I get enquiries for,i renew extra 2 years and letting them know it’s not dropping anytime soon.

Thanks ABM.

Kathir
Reply to  AbdulBasit Makrani
23 days ago

Very True. And this also help us to stick to top picks , instead of having so many less quality names.

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24 days ago

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BullS
24 days ago

Good idea for you to renew your domains as you don’t know what going to happen esp where you are living in that hot country in unpredictable law.

Steve Andersen
Steve Andersen
24 days ago

For people in the US if you record sales on your taxes like you legally should. You can also use renewal fees paid in a calendar year to reduce taxes owed on sales if you had a good year in domain sells. If you pay ahead you can help reduce your tax liability in current year.

Sanjeev
Sanjeev
23 days ago

Informative article 🔥

Bob Parry
Bob Parry
22 days ago

Hi, yes very true as it did happen to me few years ago when I renewed BloodCream.com for 2 more years after good interest & then the buyer appeared to purchase it afterwards! So really I think it would be a good idea to renew certain or best domains for least 2 years in future.

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