Buying domains on Sedo ... Need help

Discussion in 'Domain Names' started by Zaiaku, Oct 12, 2009.

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  1. #1
    I recently found a great domain that I want to but and its listed on Sedo.com, but since I've never purchase anything from them very unsure what their process and fees are. It's very confusing from on there page from Price List and Buying domains. I see a part saying there are no fees if not using a brokerage and then there's another part saying that the fee when using a brokerage. Then another part that just list TLDs with a fee of 10% (minimum $50). Can someone just give me a straight forward explaination of this please.
     
    Zaiaku, Oct 12, 2009 IP
  2. merlinseo

    merlinseo Well-Known Member

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    #2
    Hi,
    Buying an exsiting domain from SEDO with either have a BUY NOW price or a AUCTION

    Buy now price is a fixed price which you have to pay them and then you will get the domain , DOMAIN is your
    If its a AUCTION then you need to bid.

    Now what you are asking about DOMAIN BROKERAGE is the domains which are registered elsewhere and SEDO will act as a broker try to buy a domain for you so they will charge you the brokerag and price they negotiate with others to buy it for you .

    Hope it explains what you want
     
    merlinseo, Oct 12, 2009 IP
  3. Zaiaku

    Zaiaku Well-Known Member

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    #3
    The domain seems to be a fixed price since there's no sign of an auction.
    The domain is registered at Moniker but listed on SEDO.

    So if the domain is listed at $100 are there any other fees? that's basically what I'm trying to get at and just want to make sure.
     
    Zaiaku, Oct 13, 2009 IP
  4. gafadi

    gafadi Peon

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    #4
    if its $100 then you click buy now and pay $100 , any fee is charged to the seller not the buyer , fees and everything is related to seller not worries on buyers, i have purchased domains from sedo couple of times

    hope that helps
     
    gafadi, Oct 13, 2009 IP
  5. paradigmad

    paradigmad Peon

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    #5
    I dislike services like Sedo and Pool.com because they charge min. $60 for domains. But if the domain is $60 and you bid $60 you get it for $60.
     
    paradigmad, Oct 13, 2009 IP
  6. nuebee

    nuebee Peon

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    #6
    Sedo uses a offer/counter-offer system. The buyer and seller negotiate the purchase price, so it's not the typical auction a la ebay. The seller doesn't need to accept the price you offer or can come back and ask for a much higher price.
    However, after the negotiation is completed between the two parties, the seller has the option of sending the domain to a no reserve auction, a la ebay, that can last as long as 7 days. This gives the seller more exposure, and the opportunity to attract other buyers. If no other bids are entered, you win the auction with your negotiated price. If another buyer comes in, you have to with the auction by out bidding the new buyer.
    Hope my explanation didn't make it more confusing.
     
    nuebee, Oct 14, 2009 IP
  7. chandan123

    chandan123 Prominent Member

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    #7
    if your offer 100$ is accepted then u need to pay 100$ thats it
     
    chandan123, Oct 14, 2009 IP