Posted on: 16 January 2020
The majority of IPs are obtained from an Internet service provider. You will typically be charged for the IP. This will often not be for the IP itself, but for the service to host the IP. An ISP might even provide users with the option of adding as many IPs as they want. However, with the depleting number of IPs, many companies are struggling to have more IPs assigned to them. However, there is a solution.
How ARIN Auctions Work
For ISPs that want a simple solution to the lack of IPs, the most common approach is to turn to an ARIN auction service. This is a newer service that has been made possible thanks to technological advances. They find and connect companies to IP services and will also promote IP addresses that can be leased or purchased. Leasing is useful if your company is temporarily short on IP addresses. Purchasing is an option if you want IP addresses that you can always give to customers.
Getting a Great Deal at an Auction
With an auction service, you can work with a broker who can help you make sure that you get the best deal. The job of a broker is to filter out bad deals. Fortunately, if you are a buyer, you can benefit from an auction because it is essentially a buyer's market. The best-funded bidders do not have as much of an advantage with ARIN auctions. This can lead to you getting a better deal through an auction.
The Role of Contracts
Another advantage of a bidder is that he or she can help you create a contract that lays out the specific details of the contract. The contract will give you a legal recourse if something goes wrong with the purchase. A contract will allow the seller to prove that he or she has the rights to the IPs. While auctions have terms and conditions, these are primarily to protect the auction itself, so it's important to have a contract.
Timing Is Everything
If you are going to use auctions, it's important to participate in them when they become available. An IP auction will typically last for only a few days. There will often be large blocks with sellers eager to move their IPs. However, if you approach the auction at the right time and in the right way, you can solve the problem of an IP shortage.Share