Sounds like both buyer and seller are kidding themselves on this one, hard to think of another market where such a divide could exist between participants.

Jay

Thanks for clarifying. It would be good to put wording to that effect for "sellers" on the See Traffic page, telling them that they are not obligated to reply but if they do etc. etc. (what you say above).

If I counter with $x million dollars and the seller refuses, then does the name at Sedo show that there are no bids?

Right now it shows that there is a bid, which may lead to others. But if there is this offer and refusal, then will the name show as if there are no bids?

By the way, is Mara still with you? I sent her a quick question before posting here. Either she is not with Sedo any more or is away on holiday or is very very busy. This is why I came here to pose my question.

Claire

Jay, as long as you are here, see the question under mine: Why is the collection and payment policy not "sure proof" and immediate? I was very surprised to read what really happens when people actually sell a name or seem to have found a buyer through Sedo. Doesn't the commission represent payment for a sure and quick service for the "assured sale" of the domain and quick receipt of payment?

If anyone sold on Sedo or made a counter bid for a "high" amount after a very small bid was received, please tell me this because Sedo definitely does NOT explain this in their explanations to sellers:

If I put a counter bid for, for example 2 million dollars, will their system say I cannot put such an amount without first paying them for an appraisal?

Because this is what the system does when you try to list a price.


I like things UPFRONT all along the way. Short of that, I just withhold from any action whatsoever.

listing a price above 10k requires an appraissal, doing a counter offer of any amount doesnt

Well, I do not like this.
Sedo cannot ask you to list for free, to attract buyers and then anyone can bid for even $1, "obligating you" to set a price and by doing so "obligating you" to pay for Sedo's appraisal service without explaining all this UPFRONT.

I will just not respond to this bid.

I will go check afternic to see if they have a hidden agenda or not. If you have any experience with afternic regarding this please explain it here.

Thanks

And, as to the value of a domain name in my eyes, i.e. the price at which I would be willing to depart with it, it is like everything else. I have family heirlooms I wouldn't part with for millions. And this domain name I wouldn't part with unless there is an irresistable offer I cannot refuse. It is a once in a lifetime domain name for those in that line of business.

clair you can set a minimum bid price you are wiiling to consider when listing names this eliminates all the low ball offers, personnaly I beleive in letting these low ball offers accrue because they help seperate the names as being desirable as opposed to the millions of names listed every offer puts another number in offers made column for this domain so it increases your exposure

Dozens of domains like HospitalityConsulting.com go for mid $X,XXX every week, consistently, as posted at DNJournal. The bidder who offered $60 may not be well informed.

Originally posted by alldig
For some reason I highly doubt those claims. I'm not sure why

Are we back up to dot com mania 2001 yet?

Originally posted by Claireb
Jay

Thanks for clarifying. It would be good to put wording to that effect for "sellers" on the See Traffic page, telling them that they are not obligated to reply but if they do etc. etc. (what you say above).

If I counter with $x million dollars and the seller refuses, then does the name at Sedo show that there are no bids?

Right now it shows that there is a bid, which may lead to others. But if there is this offer and refusal, then will the name show as if there are no bids?

By the way, is Mara still with you? I sent her a quick question before posting here. Either she is not with Sedo any more or is away on holiday or is very very busy. This is why I came here to pose my question.

Claire

Oh yes, Mara is definitely still with us. She's been travelling though and is actually going to be working out of our Cologne office for a while so she might not be able to get to emails quickly but she will respond.

The domain will retain all bids so if you counter the offer you won't lose it, even if the bidder cancels the negotiation.

As far as payments go, all payments are secure. There's no chance that you'd lose your payment when transfering a domain. Either from the seller's side, receiving payment or the buyer's side, payment for a domain.

Jay
jay@sedo.com

Mara explained clearly to me, in an e-mail, that for counter-bids, one can put any price one wants without having to necessarily first buy the appraisal service of Sedo. This means one can respond to this low bidder with any price one wants, no strings attached. But whichever price I put binds me to it for one week.

At least now things are clear.