| In an announcement mailed by the company today, eNom states that they have increased their Redemption Fee for domains in the Redemption Grace Period (RGP) to $250 plus the fee for a 1 year renewal of the domain. The redemption grace period follows the deletion of the domain by the registrar and was introduced by ICANN as an additional means to recover expired domains by the original registrant. The process of restoring the domain results in a higher charge by the registry and is a process consisting out of more than one step.
In many cases registrars such as eNom “simulate” this period for domains since they will offer domains in their partner marketplaces for purchase or auction after the domains’ expiry. Should a domain in this state be returned to the original registrant, the registrar will not occur any additional charges from the registry aside from the renewal fee.
Read the full email after the jump.
Date: 3 December 2009 20:39:20 GMT
Subject: Update to Redemption Grace Period
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