Once a domain name expires, the domain’s owner has a grace period to renew their domain. If the domain owner opts out of renewing,the domain goes into “Pending Delete.”
The amount of time a domain will remain in Pending Delete varies from the registry. At Sav, expired domains remain in pending delete for 10 days after their expiration date.
The second a domain becomes available Sav competes with other registrars to register the domain. Picking a registrar that’s known for drop-catching increases your chances of obtaining the most valuable domains. Sav for instance has 51 registrars, meaning there’s a good chance Sav will be able to acquire your domain.
If Sav secures a domain that multiple people have placed backorders on, the domain will enter a public auction. In the public auction, anyone can bid on the domain. Sav only charges you when you win the domain.