You have a grace period after a domain registration expires to decide whether you want to renew. During the grace period you will receive quite a lot of traffic. Godaddy dotcom domain name registration expiration timeline is as following. Others are similar.
- -5 days: The domain is active as usual other than receiving email reminders. You can renew the domain for the standard renewal price.
- +5 days: The domain will be parked and the website will stop working. You can renew the domain for the standard renewal price.
- +26 days: The domain goes to auction. You can still the domain for the standard renewal price if there is no active bid at auction.
- +30 days: You can attempt to recover the domain with an additional redemption fee if there is no active bid at auction.
- +36 days: The domain goes to a final closeout auction.
- +41 days: The final closeout aution ends. You can attempt to recover the domain with an additional redemption fee if there is no active bid at auction.
- +72 days: The domain is removed from your account.