They Sound the Same. They're Not.
People use "expiring" and "dropping" interchangeably. They shouldn't. If you're trying to acquire a domain that's coming available, the difference will cost you time or money or both.
Here's what actually happens.
The Expiration Timeline
A domain expires and the registrar doesn't just release it. There's a process. It takes weeks.
Rough sequence:
From expiration to drop, you're often looking at 60 to 75 days total.
What Happens at the Drop
This part is chaotic.
Drop-catching services fire automated registration attempts the instant the domain becomes available. They're fast, they're competing against each other simultaneously, and the winner usually goes to an internal auction among whoever placed a backorder. SnapNames, NameJet, Dynadot, others. They've been doing this longer than most domain buyers have known what a registrar is.
Your odds of hand-registering a desirable dropped domain? Low. Not impossible. Low.
The Registrar Auction Window
Here's what a lot of people miss. Before a domain ever reaches the public drop, many registrars run their own internal auction. GoDaddy and Namecheap both do this while the domain is still in their system, during expiration or the pending delete phase.
These auctions get competitive. Prices climb on names that, honestly, have no business selling for what they sell for. The process isn't always transparent, which is a generous way to put it.
Where NotRenewing Fits
We do something different. Owners who know they're not renewing list their domains before any of that happens. You skip the drop-catching lottery. You skip the auction noise. You get a straight shot at the name.
Flat $99, browse what's available.
Not the right path for every domain. But if you've lost a registrar auction on a name that three people in the world actually wanted, you know how stupid that feels. This is the alternative.