Sedo policy change petition

Tim Schoon · Oct 27, 2009

Sedo has a new policy regarding fees - $50 minumum fee for ANY domain sold thru negotiation or auction.

I feel the auctions will lose a lot of popularity by this, resulting in making less people view them and lower sales + high fees.
Also the page system for the auction list is horrible, I loved to view all the names on auction in one large list, now it comes in pages of 25

Sign this thread if you're with me on this. Sedo, change stuff back to the way it was!

update:
Sedo has just reintroduced that ugly paging system, along with the horrible new site

boo you sedo.. you have just lost one customer, I'm done with it..

It looks like sedo is now trying to avoid the auctions and focus on high end brokering, parking and direct 'buy-now' sales.

The auctions are hard to find on the new site,
The new $50 commissions screws all sales below $500
The paging will discourage us more to NOT auction names with them.

Well, have fun sedo, you won't see me around anymore!!

adinfinite · Oct 27, 2009

hahaha. Sedo is just saying that if your domain is worth less that 500 bucks they dont want your business. Simple. And pretty soon you are gonna have to cough up an even bigger "vig" to get your name listed among the first 25 on the auction page.

cmason · Oct 27, 2009

I was always reasonably satisfied with Sedo in the past, but at the moment I have no interest in giving them any commissions anymore. They need to listen to the community and ADDRESS our concerns.

mitok · Oct 28, 2009

You have my vote! I will not sell any domain for $60 to receive just $10, i would rather sell it here for $20 and to receive $19 via Paypal! If i even want to sell that cheap.

mtford · Oct 28, 2009

+1 vote.

Steven · Oct 28, 2009

+1 vote against the new sedo policy.

This doesn't benefit us (the sellers) in any way or form.
and also, in the long run, I don't think that Sedo will benefit from this as well.

Sedo, please change back to the way it has been.

TY

Electric-Shadow · Oct 29, 2009

This is absurd, they will loose loads of commissions and people will just go to bido instead

wwwweb · Oct 29, 2009

sedo was sold was it not to a new parent company, who are probably figuring out ways to pay off their investment very quickly, hope your reading, do not piss of the domainers because a copycat site can easily handle a mass exodous of accounts, you have to subsidize the smaller sales with a 10% comm to get the bigger $xxxxxxxx sales where its all gravy for sedo, give and take sedo, this is not simple math.

seeker · Oct 29, 2009

For those who remember (I have been with SEDO for close to 7 years), they use to have a minimum commission fee (it was $50 if I remember correctly).
They went 1 step forward, and now 2 steps back.
I understand that with the new offerings of the new improved SEDO, that making $10 on a $100 sale isnt enough (or $6 on a $60 sale).
HOWEVER, at least SEDO, wake up and make the minimum offer $100!!!
No one is going to sell through Sedo for $10 on a $60 offer!!!
WAKE UP SEDO!

MattheP · Oct 30, 2009

This sux for me

I can't accept paypal, and sedo was great choice for me to sell domains under $200. Half of my portfolio is priced under $200, and I bought those domains with intention to sell them for that price. Now it will be very hard for me to sell them if I dont accept $50 loss per domain.

Saying that, I dont see the point of having domains parked with the sedo parking (probably the worst parking program out there) anymore. I had my domains parked with them just to avoid $50 commission. Now I'll turn most of my domains to other parking programs / affiliates / minisites / whitelabel etc.. with this 'domain is for sale' sedo link in the footer.

I guess sedo will lose money from other people as well who will stop using their parking.

Michelle · Oct 30, 2009

I have already refused 2 offers I would have otherwise accepted or at least put to auction. And to be very honest im not even sure a larger deal would be done with them either now as the one before last I paid around $300 in commission to them. The support was terrible and they really did not earn that amount.

Greed is not the way to go Sedo

MattheP · Oct 30, 2009

"Sedo has a new policy regarding fees - $50 minumum fee for ANY domain sold thru negotiation or auction. "

Looks like that if you sell domain for fixed price, you can still get 10$ commission.

Michelle · Oct 30, 2009

MattheP said:
Looks like that if you sell domain for fixed price, you can still get 10$ commission.

Then that golden offer we all dream about way above what we expect would never happen

blogcrash · Oct 30, 2009

+ 1 Vote

Bassel · Oct 30, 2009

oh, i cant understand why sedo changed it... the other policy was great, i hope it returns or atleast to remove the minimum fee on auctions.

thanks

Tim Schoon · Nov 2, 2009

Just got this email from sedo:

Dear Tim,

Thank you for your email and your feedback which is really important to us. We respect and appreciate the opinion of our customers.

As we received a similar feedback from many customers regarding the auction page system, we have decided to change the settings back as it has been before.

If you have any further queries, please go to the Customer Support Centre via Customer Support - Sedo.co.uk.

Best regards,

Your Sedo Customer Care Team

cmason · Nov 2, 2009

Toilet Monster said:
Just got this email from sedo:

Dear Tim,

Thank you for your email and your feedback which is really important to us. We respect and appreciate the opinion of our customers.

As we received a similar feedback from many customers regarding the auction page system, we have decided to change the settings back as it has been before.

If you have any further queries, please go to the Customer Support Centre via Customer Support*-*Sedo.co.uk.

Best regards,

Your Sedo Customer Care Team

AH! A small victory for the community! Looks so much better now...

millerccc · Nov 2, 2009

Hi Tim
You just did a good thing for all domainers, many thanks!
I see the interface was set back, but how about the commission fee, Still minimum 50$?

Regards
Miler.

Tim Schoon · Nov 2, 2009

The commission hasnt changed yet - we need a LOT of complaints to achieve this..

So everyone, please vote here and write sedo an email complaining about the fees!

gladdy · Nov 2, 2009

They changed back the auction interface to one page list,
so they are reading our complaints, this is our small win now!
Lets hope they listen domainers advice about reversing the fees.

Toilet Monster said:
The commission hasnt changed yet - we need a LOT of complaints to achieve this..

So everyone, please vote here and write sedo an email complaining about the fees!

GiftedDomains · Nov 2, 2009

+1 vote

---------- Post added at 09:39 AM ---------- Previous post was at 09:35 AM ----------

i guess the one who voted for "The new policies are awesome!" is Mr.Sedo himself

Sedo policy change petition

What do you think of sedo's new updates? - auction page system and $50 min. fees

New sedo policies suck! change it back!

The new policies are awesome!

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