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Old 06-26-2011, 11:27 AM   #1
cooldude7
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sedo. domain sold, what next ?

Current Status:

Domain sold. Transfer in progress.
Latest Update:

Escrow payment received
Sale Price: 60 USD
Sedo's Commission: 50 USD
Net amount to be credited: 10 US

WTF

what next ?., am i bound to transfer the domain ?., i mean, i dont just want 10 bucks for domain.

what are my options.?.,

i mean i didnt know that they are gonna eat up commision from my earnings.
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Old 06-26-2011, 11:28 AM   #2
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You should have read the terms, you have to transfer it.
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Old 06-26-2011, 11:30 AM   #3
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Write your sedo rep and tell them you want them to cancel the transaction. They may or may not do it.

Last option, if you don't care that they may cancel your sedo account, just don't transfer it.
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Old 06-26-2011, 11:34 AM   #4
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Party like a rockstar on your profit...

It may not be much... BUT ITS 100% more than is in MY bank account...
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Old 06-26-2011, 11:37 AM   #5
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Party like a rockstar on your profit...

It may not be much... BUT ITS 100% more than is in MY bank account...
i miss ur old avatar.
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Old 06-26-2011, 11:37 AM   #6
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i miss ur old avatar.
I love your 'Baddog Avatar'...
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Old 06-26-2011, 11:38 AM   #7
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Write your sedo rep and tell them you want them to cancel the transaction. They may or may not do it.

Last option, if you don't care that they may cancel your sedo account, just don't transfer it.
this is gr8 info., i just posted my sedo rep., to cancel the transaction.,

does this means , the buyer will loose his 50 bucks ? sedo fees.
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Old 06-26-2011, 11:40 AM   #8
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You should have read the terms, you have to transfer it.
i agree, but i never read the terms, they are lengthy, most of them i dont understand coz they are in legal language.
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Old 06-26-2011, 11:41 AM   #9
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i agree, but i never read the terms, they are lengthy, most of them i dont understand coz they are in legal language.
If there is one business where you need to read terms and conditions, where you need to be sure about your legal standing in any situation it's this one. I'd modify that attitude if you want to succeed in this biz
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Old 06-26-2011, 11:44 AM   #10
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If there is one business where you need to read terms and conditions, where you need to be sure about your legal standing in any situation it's this one. I'd modify that attitude if you want to succeed in this biz
Sorry, but I agree 100%

Its all fun and games on GFY, but when you make a biz arrangement and accept money (Even if its a relativity small amount) you ned to play by the rules...

Rep is EVERYTHING...

Resuming normal posting:

i like poo
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Old 06-26-2011, 11:46 AM   #11
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If there is one business where you need to read terms and conditions, where you need to be sure about your legal standing in any situation it's this one. I'd modify that attitude if you want to succeed in this biz
true.


thanks., from now on ill make sure to read the terms.

imho online is just virtual..... i mean when i sign up as affiliate to programm they also has t & c with hundreds of lines., i havent read them....

but this is also true that, people get sued by breaking online aggrements/t & c.

Last edited by cooldude7; 06-26-2011 at 11:49 AM..
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Old 06-26-2011, 11:59 AM   #12
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just found this

http://www.dnforum.com/f26/need-help...ad-455829.html
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Old 06-26-2011, 12:03 PM   #13
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I have a txt file that I reply to Sedo domain buy requests that looks something like this:

ROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLRO FLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFL ROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLRO FLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFL ROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLROFLRO FLROFLROFLROFLROFLROFLROFL

etc...

There is no point selling anything through Sedo unless it is worth billions of dollars.
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Old 06-26-2011, 12:06 PM   #14
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I think you need to transfer it and treat it as a lesson learned. Obviously someone has bought the name in good faith, it's not like Sedo hid the terms & conditions from you or failed to disclose their fees. It's not the buyers fault you didn't know the fees. Be a man and honor your commitment. Maybe next time you will be more careful.
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Old 06-26-2011, 12:11 PM   #15
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Originally Posted by cooldude7 View Post
this is gr8 info., i just posted my sedo rep., to cancel the transaction.,

does this means , the buyer will loose his 50 bucks ? sedo fees.
No, the buyer is out nothing. The loser in this scenario is Sedo, who doesn't get the $50 they almost got.
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Old 06-26-2011, 12:16 PM   #16
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Fuck sedo, let them cancel your account, keep your name.
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Old 06-26-2011, 12:27 PM   #17
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I think you need to transfer it and treat it as a lesson learned. Obviously someone has bought the name in good faith, it's not like Sedo hid the terms & conditions from you or failed to disclose their fees. It's not the buyers fault you didn't know the fees. Be a man and honor your commitment. Maybe next time you will be more careful.
you are real gentleman .,
your reply made me think.




1. People have scammed me many times - but this doesnt means i should scam people also.

2. my friend says, (adult is illegal in my country) there is nothing legal in the illegal biz(i.e. in porn biz.). still i say him, there are lots of trustworthy/loyal people in it.

3. I never scammed someone b4 for money, at least online.

4. if i go with this, i m gonna loose 50 bucks, in my currency 50 bucks means
4.1) a months net bill. or
4.2) a months eating expenses. or
4.3) 20 days drinking expense.

damn,.,

will c what reply i get from sedo.
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Old 06-26-2011, 12:28 PM   #18
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I have sold many domains at sedo, always been at a 10% commission, the 50 dollar thing new?
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Old 06-26-2011, 12:29 PM   #19
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I have sold many domains at sedo, always been at a 10% commission, the 50 dollar thing new?
i guess so.
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Old 06-26-2011, 12:30 PM   #20
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4. if i go with this, i m gonna loose 50 bucks, in my currency 50 bucks means
4.1) a months net bill. or
4.2) a months eating expenses. or
4.3) 20 days drinking expense.
Obviously $50 isn't worth as much to me, but I think there is a principle involved no matter what the sum. Then again I'm not speaking from the same perspective of value as you are, so I can understand your hesitation.
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Old 06-26-2011, 12:33 PM   #21
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What if you where they guy that bought the $60 domain name and then the buyer backed out? You would come on and post how your getting fucked and it's all bullshit.
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Old 06-26-2011, 01:08 PM   #22
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sellers fail to complete transactions all the time on sedo, just don't follow through.
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Old 06-26-2011, 01:19 PM   #23
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Obviously you can either transfer the domain, or not. No one's going to tell you what to do, but it's clear you want as many people as possible to tell you not to transfer it ;)

Make the right choice man. What DBS.US said, if you were the buyer you'd post you were getting screwed over.
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Old 06-26-2011, 01:20 PM   #24
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You didnt have it parked. Those are the rules.

This has happened to me once before. Only it was a $70 (Sedo took $50) I got $20.

My mistake, I should have had it parked, which I didnt. Buyer got domain, I lost $43. Way it goes.

To Sedo's credit, I have parked a new domain and had it sell within 24 hours and only got charged the $6 (on a $60 transaction) It is all automated, which is good.

Last edited by Vjo; 06-26-2011 at 01:23 PM..
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Old 06-26-2011, 01:30 PM   #25
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What was the domain name? Just curious.
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Old 06-26-2011, 02:20 PM   #26
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cooldude7 you can drink 20 days for 50$ ?
where on earth do you live?
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Old 06-26-2011, 02:31 PM   #27
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He is in India I think.
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Old 06-26-2011, 02:35 PM   #28
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It's 10% normally but there is a minimum $50 fee involved. I had the same thing happen to me a month or so ago. A name (February.info) I risked at auction ended up selling for $70. I got $20 out of it, but it was a chance worth taking.
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Old 06-26-2011, 03:32 PM   #29
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alias thanx, that gave it away.
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