On November 30, I got a ridiculous offer to sell my domain name at $61.-. I went to my page at sedo and saw that the Sedo system is asking me to make a counter offer. I do not want to even speak to that ridiculous person.

I do not want to set a price and now I do not find any justification to hire "now" Sedo's appraisal service for this domain name.

PLEASE ANSWER URGENTLY IF ANYTHING BINDS ME TO THAT RIDICULOUS OFFER (BID) IF I JUST IGNORE THE REQUEST AND DO NOT REPLY.

Thank you.

Claire

By the way, some of the world companies dealing with hospitality training would pay millions for such a domain name, such as Carlson Training (of the Carlson Group of Companies), Price Waterhouse Cooper, DeLoitte Touche, Accenture, etc.

You can ignore it, but I've had $60 bids go to $2,000 and even $50,000.

Getting emotional about bidding is not smart and is bad business. You've either got to stop connecting your emotions to the value of an open bid, or set a firm price so there is no bidding.

counter with $50k

Set minimum starting bids.

Originally posted by Claireb
By the way, some of the world companies dealing with hospitality training would pay millions for such a domain name, such as Carlson Training (of the Carlson Group of Companies), Price Waterhouse Cooper, DeLoitte Touche, Accenture, etc.

Worth millions? OK, that means it a generic 1-word short .com with no TM issues. That shouldn't be on Sedo AT ALL, that should be marketed by a high-end broker, like Monte at Moniker.com or one of those guys.

Originally posted by Claireb
By the way, some of the world companies dealing with hospitality training would pay millions for such a domain name, such as Carlson Training (of the Carlson Group of Companies), Price Waterhouse Cooper, DeLoitte Touche, Accenture, etc.

For some reason I highly doubt those claims. I'm not sure why

Thank you so much for responding and telling me what you think. I will go see again what constricting replies Sedo enables to "click". I seem to remember that their system enables only setting a firm fixed price counter offer, which I do not want to do. The rest is silly, like "I get more staying with Sedo"

If you do put a "counter bid" at Sedo, then you are bound by it for one week. I do not think they enable going ahead with the excellent suggestion of Domo Sapiens of putting a "starting" counter bid, i.e. specifying a "starting bid"

Why don't you simply choose "Cancel negotiation"?
Or is that only shown if you have set a minimum bid and someone offers less than that?

Originally posted by hanogl
Why don't you simply choose "Cancel negotiation"?
Or is that only shown if you have set a minimum bid and someone offers less than that?

You can't cancel until after you've made a counter-offer AND the other person responds in some way.

Juniper, you are right. I thought you could click on cancel this bid but the system tells you that you must first put a figure (a counter bid), which I do not want to do.

This domain name, hospitalityconsulting.com is the PERFECT one for my business, but I use easytraining.com which acquired its own brand. So, I thought I would put it there in case it would attract one of the BIG firms I mentioned above. If not, I will just not sell it.

Originally posted by Claireb


This domain name, hospitalityconsulting.com

This is not a 7 figure domain name. I would be suprised if I saw it sell for a price higher than low 4 figures.

I can understand your point of view. I learned a great deal on this forum. However, I see it from another point of view: the value to the beholder (and by beholder I meant companies dealing with hospitality consulting).

The important thing I wanted to know is and I have to know it tonight as it is not clearly spelled out on Sedo:

If I do nothing, i.e. do not respond to this bidder, am I beholden to anything? Can Sedo come and say that since I did not respond I am obliged to sell it to that bidder at that price?

They do not really explain this at all, at all.

They are nice but were guided by their own interests, such as advising me and prompting me to use their appraisal service to deal with this bidder.

Am I obligated to respond at all?

Hi Claire,

We do ask everyone to respond to initial offers but No, if you do not respond you are not obligated to follow through.

But why not respond with your wish price? The bidder has only 3 options at that point.

Meet it. You get the price you want.

Counter. Allowing you to counter back or cancel as you wish.

Cancel. In which case the bidding is over.

Small bids, even ones you wouldn't consider can lead to bigger things and even if they don't just getting them and responding to them improves the domain's internal quality ranking, making it appear higher in the default search tables and generating more exposure for your names. So even a small bid is win win.

Jay
jay@sedo.com