Tired of Sedos Stupid Games

[slimcrazy.com]

I buy a name through sedo, not only does it take them a month to get it to me after they have my money, but then I find out the stats for the domain on there site is about 9,000 uniq a month incorrect. actually it gets 0 uniqs.

Now sedo refuses to reply to emails or questions.

Making an offer through Sedo has the following advantages over making an offer through e-mail:

Security: All domains purchased through Sedo benefit from the security and convenience of Sedo’s Domain Escrow/ Transfer service free of charge.


Anonymity: Your identity is protected, which prevents the seller from researching your means and how badly you need the domain name—information which he can use to turn the negotiations to his advantage.


Convenience: You know that domains listed on Sedo are available for sale, so you don’t waste time chasing down owners only to find that they’re not selling. In addition, Sedo provides you with the information you need to make an informed purchase decision, such as asking price and traffic. Our online offer-counteroffer system makes conducting the negotiations easy and fun.

<<< the reasons you should buy through sedo!! >>>>>


What a freaking Joke!

What a waste of time and money, Sedo can bite my rear end they will never get another penny out of me, and as far as I care sense they act as the escrow service for the sale they are as resonsible as the person selling the domain, especially since they did not detect the false traffic reported on their system.

[SedoCoUk]

Hi Slimcrazy,

I responded to your pm. Seller's assume all of the responsibility for traffic the domains receive while parked with us. If a seller did anything to misrepresent traffic for a domain the transaction may be cancelled and that seller may be persued outside of our forum.

Jay
jay@sedo.com

[MrDude]

sedo rarely find scammers false traffic but to make up for it they accuse legit parkers of having false traffic and steal the revenue, It's all good.

PS. I own SedoRants.com (will develop it soon )

[mkx]

wrong thread

[fatter]

never never never trust traffic stats or claims of traffic anywhere unless you can evaluate the traffic yourself or pay someone to do it. slimcrazy i hope you didnt lose much on this transaction, I hate to see traffic inflators it is just plain stealing.

Being this happens reguraly perhaps sedo could offer a traffic analysis for a fee to potential buyers who want traffic sources, I dont no what they would have to charge to be profitable, but before someones spends over 500 dollars for a traffic domain i would think they would be willing to spend a 100 for a snapshot

[slimcrazy.com]

I sent the seller emails already, and I will not be persuing the seller any further.

This is not my responsibilty, sedo.com was the escrow service responsible for the transaction, and I hold them liable.

As the word escrow is defined as:

1 : an instrument and esp. a deed or money or property held by a third party to be turned over to the grantee and become effective only upon the fulfillment of some condition


I do not fill the conditions was meet to finalize this escrow transaction. I should be able to return the goods and get a refund from the escrow service (sedo.com)

This is the matter at hand and how it should be handled.

There are risks in calling a service an escrow and this is one of them. The money should not of been sent to the seller until it was proven that the transaction was completed sucessfully with out errors to the conditions. Conditions on this purchase was based on the traffic indicated by sedo on there sales page.

I will be sure to keep all correspodence in public forum to make sure all people see how things are handled in this manner and for future warnings of people dealing in traffic domains through sedo.com sedo.co.uk.

Thanks
Edwin Collins

Hello again,

I've given the seller a couple of calls and and email warning him. Unfortunately he hasn't responded yet. You can definitely persue this seller outside of our forum and I will forward you his contact details through email.

I will also refer the matter to our legal team and have one of my Account Managers suspend his account with us.

Jay
jay@sedo.com

never never never trust traffic stats or claims of traffic anywhere unless you can evaluate the traffic yourself or pay someone to do it. slimcrazy i hope you didnt lose much on this transaction, I hate to see traffic inflators it is just plain stealing.

Being this happens reguraly perhaps sedo could offer a traffic analysis for a fee to potential buyers who want traffic sources, I dont no what they would have to charge to be profitable, but before someones spends over 500 dollars for a traffic domain i would think they would be willing to spend a 100 for a snapshot

It was not a great deal of money.

But it is more bothering that the domain stated 9,000 hits a month and has had 5 since I have received the domain.

That is inflation, and the 9,000 it was showing was probaly from a purchased traffic plan or proxy hitting and should of been caught by sedo and it was not.

So I leave it on the shoulders of sedo.

[dvdrip]

Can you share the domain name and price?
An experienced domainer should be able to recognise such a scam.

Did you ask sedo to verify traffic stats before you paid and transfered the name?
Did you have a sales contract? Did it mention uniques or traffic?
If you don't have a contract there not not much you can do about this.

[DNGeeks]

As the word escrow is defined as:

1 : an instrument and esp. a deed or money or property held by a third party to be turned over to the grantee and become effective only upon the fulfillment of some condition

The "condition" was the passing of the funds. As an escrow transaction, sedo has done all they need to do AND all that YOU agreed for them to do.

Also as an escrow service sedo offers what they call a Domain Sales Contract which they state is optional. If all you agreed to was the escrow service then they have performed their job by collecting the funds and transferring the domain.

I'm not defending anyone, however in this big bad world we all need to remember that we need to read the fine print and then get a lawyer to tell us what fine print is NOT there. What isn't there is what we need to be most concerned with.

Your issue is now with the seller, as you had an agreement from him in regards to traffic. You can take this up in a court of law or attempt to come to an agreement with the seller.

You should also provide complete proof of a bad transaction and post it on DNForum in the legal section.

caveat emptor

Note - I am not a sedo user, when i saw this thread i visited their site and read this information for myself. The rest is common sense.

[dvdrip]

I forgot to say that I am leaving sedo at the end of this month.
I am not satisfied with sedo at all.
Revenue, transfers and their agents have all been a nightmare in past 3 months.
But I will have to agree with DNGeeks.

[slimcrazy.com]

Hello again Edwin,

Sedo is a marketplace and just like a stock exchange can't ensure the strength of a stock before it is sold through their marketplace we cannot ensure the traffic of a domain sold through ours nor can we claim to.

Our role as an escrow service pertains solely to the transfer of the ownership of the domain to the buyer's registrar account.

Sedo has to go by the terms of the purchase and sales agreement where both the buyer and the seller are responsible for enforcing the terms of the agreement.

I understand that you are really upset about this situation and I'll try to help you here as best I can but responsibility here rests with the seller.

Jay
jay@sedo.com

Oh by the way Jay at Sedo, the stock market nor no one selling it claims to it to be an escrow transaction.


Wait Wait Wait? Is that true you did the job of sedo and sedo is done with the transaction and sedo has done all it is responsible for?


I dont want to quote off sedos website but I think THis is Real Interesting!

Convenience: You know that domains listed on Sedo are available for sale, so you don’t waste time chasing down owners only to find that they’re not selling. In addition, Sedo provides you with the information you need to make an informed purchase decision, such as asking price and traffic. Our online offer-counteroffer system makes conducting the negotiations easy and fun.

Please Read the part above in RED!

Is that not stated on Sedos Website?

I must be going stupid.



And for the people wanting to know the domain was
AAStats.com

I will not disclose the price while this matter is going on.
How ever I will release the previous owners whois information.

Austin Knudson
1065 W. Utah Ave
Hildale, Utah
84784
United States
Phone: 435-874-1250
Email: austin@rlights.com

[VisualDigits]

I think you got a point. sedo should offer you the traffic details.

[slimcrazy.com]

The "condition" was the passing of the funds. As an escrow transaction, sedo has done all they need to do AND all that YOU agreed for them to do.

Also as an escrow service sedo offers what they call a Domain Sales Contract which they state is optional. If all you agreed to was the escrow service then they have performed their job by collecting the funds and transferring the domain.

I'm not defending anyone, however in this big bad world we all need to remember that we need to read the fine print and then get a lawyer to tell us what fine print is NOT there. What isn't there is what we need to be most concerned with.

Your issue is now with the seller, as you had an agreement from him in regards to traffic. You can take this up in a court of law or attempt to come to an agreement with the seller.

You should also provide complete proof of a bad transaction and post it on DNForum in the legal section.

caveat emptor

Note - I am not a sedo user, when i saw this thread i visited their site and read this information for myself. The rest is common sense.

It is sedo problem as they are the company stating that the stats on there system can help you make an informed decision.

I read the fine print.

[dvdrip]

This is just a punch line. Not fine print.
Like saying "We will get you your ideal domain at your ideal price!".

This is the fine print:
sedo is neither owner of the Domains listed in the Domain Database nor does it have any influence on the business conducted among users of the Domain Database. The responsibility for the content of the entered listings, including the accuracy of any statistics, lies exclusively with the respective Sellers, Buyers, and users.

An "informed decision" is just that. YOUR informed decision.

[slimcrazy.com]

sedo provides you with the information you need to make an informed purchase decision, such as asking price and traffic

I dont care if you call it squah mushed pies, it is still a statement on there website.

That says sedo NOT THE SELLER Provides that information.

SEDO worked as escrow and seller,

Domain owner may not re-direct traffic to their parked domain name. This prohibition extends to traffic redirected from other domain names, and purchased traffic such as pop-under or exit traffic. Each domain name must be parked separately.
Domain owner may not display their parked page as a pop-under or pop-up window without prior written approval from Sedo.
Domain owner may not categorize domain names in unrelated categories or specify an incorrect language parameter.
Domain owner may not submit advertising keywords that are unrelated to the subject area of the domain name.
Domain owner may not generate traffic to their domain name(s) or clicks on advertising links by any of the following methods: listings on newsgroups or discussion boards (with the exception of "domain for sale" postings), bulk emailing, ICQ postings, or chat room/IRC postings, iframes, zero pixel frames, hitbots, clickbots, spiders, CGI scripts, java-scripts, or any other similar method.
Domain owner may not modify the Parking Program page or code in any way without prior approval. Only clicks originating from an unmodified, Parking Program-served parking page will be considered valid.
Domain owner may not place the Parking Program page within a frame without prior written approval from Sedo.
Domain owner may not mislead visitors into believing that he/she will receive anything other than an internet search by clicking on a text link or search box.
Referring pages must not be password protected in any way.
Sedo reserves the right to terminate your Parking Program account if it is idle for more than one month.
Inability to comply with any of the terms of the User Agreement or the Parking Program Rules will forfeit any unpaid earnings and result in the termination of Domain owner's Parking Program account. Further legal action may be taken in response to such violations as well.

Good then Atleast 2-3 of these rules had to be broken by the seller, Has the seller been removed from sedo system, and if not why.

There was false traffic reported on the parking page, either the seller was getting traffic by other means then type in or sedo parking system is crap. and then it is sedos fault.

Any way you look at it, it was a fraud deal and should be taken care of with out completely screwing the buyer.

Furhter more sedo does not not have away of contacting members on the website to get any information on the domain, so you have no way of verifing the traffic other than sedos Word that there system works and keeps out fraud.

[dvdrip]

Sorry but you are wrong on this one.
sedo is only the escrow.

What you quoted above doesn't matter because it all ends up here:
The responsibility for the content of the entered listings, including the accuracy of any statistics, lies exclusively with the respective Sellers, Buyers, and users.

All you can do is sue the seller, but without a contract there is not much you can achieve.

PS Sorry, but it took me 3 seconds to find out that this domain gets very few or no visitors.

[namestrands]

Sounds like misleading information either way. sedo should take some responsibilty for whats parked on there servers. If the statisics are false then sedo should be liable.. sedo advertising this as a service and should therefore stand by there systems or at least make a reasonable attempt to validate the traffic..

Standard Escrow services allow the buyer to try the domains for a finite period to verify the claims set forth in the contract of sale.

SEDO gains financial restitute for these kind of Scam Traffic Sales, however that is negated by the loss of faith that its customers have for its service.

On the point about SEDO being a market place just like the stock market.. well that is laughable as the Stock Market Companies have a governing body that monitors and enforces compliance.. SEDO has no such Governance they are for all intents and purpose free to do as they please and recent events have confirmed this.

Next concerning fact is that SEDO preach about Protecting its Customers yet from the email posted above SEDO was quick to wipe there hands of this and pass on the contact details for the Buyer to pursue. So Client Protection only goes as far as SEDO getting paid for its part in the alleged Scam?

You gotta love that business modal

[slimcrazy.com]

Why dont you go back to the sedo forum where you belong, becuase to me it seems you are saying these practices are ok with you mister DVDRIP, YOu have bite my rear end also it was probaly you domain I bought.

To let sedo know I have now posted this on every major domain Message board there is including their own message board.

Sedo Can Screw me and I screw them back.

And unless you work for Sedo DVDRIP get out of my Post.

As You make little to no sense and you are saying the false advertising they are doing is ok.

Well In the us false advertisement is against the law.

[dvdrip]

There is noway someone can validate traffic.
There are so many ways to cheat. You can redirect traffic from other websites using links and then just remove them, you can buy traffic etc...
Or maybe the traffic can just die if you buy "hurricane" or other "temporary traffic" domains.

Sorry, buying traffic domains from sedo without researching the traffic is your fault.

[CashCowDomains]

It is interesting how others respond with respect to sedo and their policies and legal courses of action. I think sedo can respond for themselves. Edwin, sorry to hear about this incident. I can understand how you trusted Sedo to provide accurate stats for you.. you're a buyer. It would be great to see Sedo step up to the plate and help you resolve this and help prevent it in the future without having to excercise any legal course of action. I am in the market to buy high dollar domains very soon, so I really hope Sedo fixes this quickly.

Roy

[slimcrazy.com]

There is noway someone can validate traffic.
There are so many ways to cheat. You can redirect traffic from other websites using links and then just remove them, you can buy traffic etc...
Or maybe the traffic can just die if you buy "hurricane" or other "temporary traffic" domains.

Sorry, buying traffic domains from sedo without researching the traffic is your fault.

Everyway other the last one you mentioned is against sedos policies that stated I should be refunded the monies.

Glad you finally Stated sedo is in the wrong.

You have no way of knowing the traffic with out sedo sending you the screen shots from there server.

Anything esle is worthless information.

Go put your input somewhere else DVD that you might have some informed information for.