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Very stupid when Sedo takes more money (commission) than what you have sold your domain for.
Example if i sold a CCTLD for $200 they take $150, and i sold a .com for $70 they take $50. :noidea:
it's only stupid when a seller actually does it
not stupid for sedo![]()
It means that you shouldn't list low value domains at Sedo but sell them direct instead. And of course, focus on higher quality domains![]()
More than once, I have replied back to the potential buyer:
"If I were to accept your low offer of $60, I would be left with $10 net profit, after Sedo take their 10% cut (min $50).
Please consider adding a zero to your offer to make my time worthwhile."
No you wouldn't. Then you'd want 4.5 million and cry blue murder if they kept 4 mill.If they sold one of my names for $5million, they could keep $4million and I'd be happy...
Guess the min. logical sale price at sedo is $500 now.
No you wouldn't. Then you'd want 4.5 million and cry blue murder if they kept 4 mill.
I liked the old 10% flat no minimum better. Then they made the $50 minimum, followed by a hard to use layout. On top of that, poor customer service and long transaction periods. What's next for Sedo?
If they sold one of my names for $5million, they could keep $4million and I'd be happy...
The buyers don't realize that domain sellers have transaction fees on their end.
Don't be afraid to mention that point in negotiations.
More than once, I have replied back to the potential buyer:
"If I were to accept your low offer of $60, I would be left with $10 net profit, after Sedo take their 10% cut (min $50).
Please consider adding a zero to your offer to make my time worthwhile."
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