Visiting the domain name told me it might be for sale through domainsponsor.com.  I created an account with domainsponsor and then placed the minimum bid that the owner (http://www.ireit.com/ - A professional squatter) said they would take.  The next day, I received an email saying my offer was accepted.

After that I received an email from someone at Internet Reit with instructions on how to proceed and what would happen when they received payment (you can use CC, Paypal, etc).  I sent the payment via paypal and as they specified in the email, they would open an account on my behalf at http://opensrs.com with the contact information they asked for earlier.

Once the money was sent and my account was created, they sent me the login information where I could sign in and manage the domain name.  They requested that I transfer the domain name to my registrar within a year or I would risk losing it.  So, I did.  

I started the transfer at Godaddy and the next steps were a confusing mix of auth codes, keys and confirmations. I think this is a common frustration for transfers.

It's like being forced into a sleazy strip club and feeling lucky you escaped with your wallet -- and without herpes.