Please explain how sedo works?

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I hope some of you will able to answer my questions. I read their faq, but it is not detail at all.

Here is my understanding . First of all, you list a domain on sedo for sale. If someone offers you a price, now you've the ability to set start an auction. Is this right so far?

What I really want to know is the following?

1) How to set a reserve price for a domain?

2) Is sedo auction similar to ebay reserve price auction? This means the auction can start as long minimum bet is met, but cannot be sold until reserve price is meet.

3) If there is a reserve price set, can an auction be started at lower price than reserve price?

4) From the image link above, does: price = reserve price; minimum offer = starting bid.

Thanks!

 

[WeBuyThe.Com]

If you don't input numbers there sedo will notify you of all offers regardless of amount, in which case you can start an auction at any amount offered to you. If it's a premium name and you don't want to waste time set a reserve so that you don't get flooded with lowball bids.

 

[BiggieBiggie is verified member.]

I hope some of you will able to answer my questions. I read their faq, but it is not detail at all.

Here is my understanding . First of all, you list a domain on sedo for sale. If someone offers you a price, now you've the ability to set start an auction. Is this right so far?

What I really want to know is the following?

1) How to set a reserve price for a domain?

2) Is sedo auction similar to ebay reserve price auction? This means the auction can start as long minimum bet is met, but cannot be sold until reserve price is meet.

3) If there is a reserve price set, can an auction be started at lower price than reserve price?

4) From the image link above, does: price = reserve price; minimum offer = starting bid.

Thanks!

Hi

Many of the answers to your questions may be in this section.

http://www.dnforum.com/forumdisplay.php?f=129

Good Luck!