eek, Sedo charging too much!

[Unregistered]

I placed a name for sale there at fixed price $200 and received an offer few days ago.

I downloaded their transferral agreement and go through the details, oops! .. jesus! their min. charge for each domain is $100!

wow, it's too much for me. they take 50% of the final price!!!




:dead:

 

[sponk]

hmm thats rip-off IMO.
yea, they gave your domain name publicity, however 50% is way too much. 30% is much more reasonable.

 

[Unregistered]

yes, it's ridicious!

 

[wyvern]

Come on guys....when you enter the first page to sell your domains (Click on "Sell your domain or website"), the third paragraph down (which you can see without scrolling) says

If your domain sells through Sedo, you will be asked to pay a 10% commission fee (or a minimum of $100), in exchange for which Sedo will handle the transaction and transfer of the domain through our 100% secure escrow system.


What's not to understand? They are in business to make money....if you want to use their services, you've got to pay their prices. If you want to pay them only 30%, then charge $300+ for the website.

There are other sites around that will let you sell for less, but will you get the audience looking at your site that Sedo gives you? I doubt it.

 

[sponk]

ahh ic, lol i never went to the sedo to check the policies, just based it on Unregistered's experience

 

[Anthony Ng]

FYI: GreatDomains.com used to charge 15% or $125 minimum.

 

[Biggie]

if i sell a domain for 1k or more, i would be happy with the 10% fee

 

[.biz]

In my experience, I was asking for net 5K for a domain and the buyer want to pay 5K, but then I'll get only 4.5K. I asked the buyer to pay 5.5K, but he won't. I asked him to use escrow, and he won't. He prefer to use sedo. So, I cancelled the deal.

Moreover, sedo takes about 2 months to release the fund.

anyway, sedo is one of the better places to buy/sell domains.

 

[Anthony Ng]

Originally posted by .biz
In my experience, I was asking for net 5K for a domain and the buyer want to pay 5K, but then I'll get only 4.5K. I asked the buyer to pay 5.5K, but he won't. I asked him to use escrow, and he won't. He prefer to use sedo. So, I cancelled the deal.

Moreover, sedo takes about 2 months to release the fund.

You actually cancelled a sale for the difference of $500 (out of a $5,000 deal or just 10%)? Maybe not the best decision ... don't know ...