Is it possible to put up a domain name for auction on SEDO without first having recieved an offer? They way I read it you have to recieve an offer before putting the domain up for auction which doesn't seem to make sense. Also are there any other good domain name auction sites?
Their explanation at sedo.com/services/s_selldomain.php3?tracked=&partnerid=&language=us#domain_list says to simply join then list your domain
I am a bit wary of sedo auctions. Great for the seller, not so good for the buyer. Scenario : I put in an offer of $440 for the domain I wanted, it was top $$$ in my opinion probably $140 more than it really was worth, seller wants $1000 (didnt want to budge) so he elects for it to go for public auction on Sedo. I was winning the auction with 2 hours to go and a private bidder outbid me. I supsected shill bidding and I did not bother re-bidding and sure enough, the same domain was back up on sedo for sale, a week after the auction close, same page layout etc. Same again a month later. The domain name was not that great, so highly unlikely to have been purchased for traffic forwarding or sedo advertising income which tends to be a few cents a day if you are lucky. I suspected the so called winning bidder backed out, or he got a mate to shill bid. I contacted Sedo raising the question over the dubious nature of how the auction went and never got a reply to 3 emails on the subject. Greater transparency is needed with Sedo and their admin needs to get a grip regards answering emails etc. They make a fat profit out of advertising and sales, so its in their interest to get the highest amount they can for the owner. In my humble opinion - Buyer Beware, Sellers take the money and run!
I have got 3 offers for 3 different domains, but received no money. Don't think they are interested in low value transactions
When it comes to sedo auctions, seller should be careful because it gives out foloowing options to the seller:- 1) accept the offer price as reserve price and push it to auction, at auction when no other bid comes,seller has to accept reserve price as sell price. 2)negotiate the offer price with buyer w/o pushing the domain to auction, if no reply comes then deal is off. 3)accept the offer price as sell price . so it very necessary to understand th pros and cons of auctions.
After dealing with sedo for nearly 5 years I never found it good for sellers or buyers, neither good for parking or click conversion revenues as affiliate
You can request that a domain be put up for auction. There is a link on their web site. But to be accepted has to be a premium name - one word domains with lots of traffic for example. I've had two transaction complete at Sedo. In both cases I was paid quickly. Don't really see a downside to trying to sell there - its free until they actually sell something.
I usually do a "whois" on the domain and contact the seller privately to negotiate a better price. I can usually get a domain for about half price like that if I'm dealing with a reasonable seller and not a cybersquatting domain farmer.