fucking idiots making domain offers only via sedo
 

i never sold or bought a domain via Sedo, when buying I always went via Escrow.com

But few weeks ago I put a domain for sale on Sedo and someone offered me yesterday $4300 for it... and from what I see the Sedo commision would be $430 so I would receive only $3870

why can't the guy just email me at the whois addy and we can agree on the price and do the deal via Escrow and the fees will be less than $100?

:disgust

Too much commision for sedo, i havnt had much luck on selling through them anyway

Brokering domains is time consuming.

Time is money.

For every deal you get done, 10 you work on never happen.

That's why brokers charge what they do.

Just like in real estate you have to list and show lots of houses to get the few you'll actually get sold and closed.

Well but here's no real brokering needed KRL.

I have a domain that I would like to sell for $4-5k, I posted it on Sedo with a $3800 or so minimum offer and $7k asking price.

The guys who made me that $4300 offer via Sedo, could as well email me their offer via my whois adress. In that case if we agree on $5k, Escrow.com would get $100 or even less, while Sedo will get $500.

my point is that if they see that my domain is for sale on Sedo, they can easily contact me outside of Sedo

maybe not totally fair in regard to sedo, but not a real problem either, and it saves us a few hundred $$

What domain?

some people aren't all that technically savvy. ask alot of people what "whois" is and they give you a wierd look.

Is Escrow.com that much cheaper?

Agree, also they may just feel that buying through Sedo affords them valuable security during the transaction. Who knows what would happen if they made direct contact...they might end up negotiating with a.... pornagrapher!!

yep... sedo charges 10% apparently, and escrow.....I just checked:

when I bought a domain for $3500, I paid $114 fee which equals 3.3%

when I boguth a domain for $15,000 I paid... $188 escrow fee which is 1.2% !

so if they are buying an adult domain, then they are who? :error

Butt would you have the contact if you didn't use Sedo's Services?

Instead of defrauding someone why don't you make a clause in the deal that the buyer has to pay the commission?

You knew what the commission was before you listed on Sedo, right?

So if you agreed to it to meet the person who wants to buy your domain why do you want to welch out on paying them for finding you the customer?

You only paid $8.88 to register the fuckin name anyway and the idiot who wants to buy it could probably come up with a name just as good for $8.88 so you are lucky Sedo is there to find you your sucker. Hell you should be paying them a tip on top of their commission for finding you this sucker!

I usually prefer dealing with Sedo myself. I don't like the emails back and forth, and Sedo probably helps bring more buyers. Usually it's just a simple push into their account, and then I get paid. They deal with the transfers, transfer delays, etc.

What you could do, is increase your minimum by 10% to cover any transaction costs involved.

not sure if that's an option, havent looked into it, all I saw was this


Option A: Confirm Offer - Sell Domain

Sell Domain at the agreed price: 4,300 USD


Sales Price: 4,300 USD
Less Sedo Fees: -430 USD
Amount to be paid: 3,870 USD

what makes you think so?

ibs, got any great $8.88 gems you're looking to sell? :)

yeh sedo gives you some security

thats a log of commission :(

The commission is really quite high. But if you don't like their commission, don't use them. It's not really fair to use their site (traffic etc.) to get a customer and then refuse to pay them the commission. Sure this guy could have just contacted you and you could have done it without paying Sedo for their service. But I don't think this is right. If you use their service, they set the terms. You don't like the terms, then don't use the service. Use something else.

i agree, if they are actually working to sell the domain. sedo is just a place people go to find domains. they don't talk to people and try and sell your domain, they are just a showcase. its like paying the newspaper a big commission for selling a house because it was listed there. although i agree, that if you don't like the commission rate they want, don't use it.

People manage to complain about everything and anything. Shame on you Sedo & domain buyer. You should know better!!! LOL

It probably happens for the same reason that eBay buyers dont go out of thier way to help the seller avoid an auction fee.

That is simply not true - if you talk to someone like Matt he will go out of his way to find a buyer and get you a better price than you thought you would get - for me this is why I use Sedo - better prices, much better service and very safe.

he couldn't possibly help everyone though but that makes the commission much more reasonable if you get personal help.

LOL, trying to scam Sedo? You knew the fees when you listed it, if I was Sedo you'd be banned right now :)

I use sedo parking since a few weeks so I already make them some money.

I didn't really want to complain and it may even seem a little silly, I agree, but this is simply my first time using sedo to sell a domain.

Im used to sending out 100's of emails to people expressing interest in their domains, and I also receive sometimes offes for my domains.

Leaving the what is ethically wrong or right debate aside, Im simply used to Escrow.com and so are most domain buyers from what I know ( ok, Brujah prefers Sedo, he may be an exception :winkwink: ).

I just listed that one domain for sale on Sedo but never really thought about the commisions. 10% simply seems to be a little too much, so I was wondering why the potential buyer didn't contact me on my whois addy. It would be easier and probably faster and cheaper for both of us ( don't forget that via Sedo we can't really communicate, it takes like 24 hours for a simple message to the buyer to be approved by the Sedo team ).



anyway, its not really worth discussing this anymore :upsidedow

we bought a domain thru sedo recently and their commission was 6%, not 10...
and you have the possibility to put that commission either on the buyer or on the seller

so, you use sedo to list your domain, but you don't want them to get proper payment that sounds a little shady...:1orglaugh


edit- i like seeing how people do business

Paying large commissions is a downside to bringing the buyer and seller together and I don't think that you should pay that high of a price. That's why I built bamas.com (tho functional it's not quite launched yet) where you don't pay ANY commissions when buying a domain from a seller.

Once a buyer puts $500 in their account, they can buy $500 worth of domains and the seller gets the whole $500.

The upside is that these types of sites do bring the buyer and seller together so they should earn some fee for providing that service and trying to go behind their back to close a deal is no better than a password trading website.

http://www.bamas.com/images/button_01.gif

You dont seem to understand the base business model of sedo...

i recently sold my first domain through Sedo - $7,95 investment, selling price $450 minus $50 for Sedo. $392,05 profit for doing absolutely nothing while they took care of the whole transfer stuff etc. is fine with me.

Sedo are totally open about their pricing, so if you don't like it, don't use them. But to use them and then do a deal behind their back... well if you think that is an okay way to do business, I guess that is your choice.

Isn't the escrow vs sedo debate the same as why promote a sponsor paying $30 when another pays $40? Aren't you going to choose whichever generates the most $$$, regardless of their specific terms?

why was this thread bumped ?

as for the topic, I think I explained a few times already my reasoning
among "domain people" it is common to find domains manually, and not by browsing sites like Sedo

if such person sees that the domain is listed on Sedo, its only a sign for him that it's indeed for sale and he contacts the seller as usually by email...

so the common practice is then to email the seller, to agree on a price, sign in to Escrow.com and proceed

this was my first time I placed a domain on Sedo and the first offer I received
but when I saw that the commision is so big, I simply wondered why the BUYER didn't contact me directly

anyway, its not worth discussing it again