How about a sticky thread "send to sedo auction" in this section?

[timphelan]

Hey guys

Reese started a thread in the short domains section for sending short domains to auction at Sedo. People can post 5 domains and set the start price at $60. Great idea I think. Why not have one in this section or the auction section for longer domains?

 

[Traveler]

I like this idea. I started a thread in the outside auctions thread to send jogk.com to auction for $60. The thread has less than 10 views and no one sent it to auction.

Given the current LLLL.com market, wouldn't most people be happy with jogk at $60?

I think a sticky thread like that would have to be moderated like the $1000+ section, but it is good idea in my opinion. Sometimes you have names that are worth more than $60 that you want to sell and could benefit from the exposure of an auction on Sedo.

 

[-REECE-]

I agree with you 100% -- as is, nobody views extended auctions and that includes people like me who regularly drop mid $XXXX+ at Sedo alone each month...

Oh and btw, good luck with your jogk auction

I like this idea. I started a thread in the outside auctions thread to send jogk.com to auction for $60. The thread has less than 10 views and no one sent it to auction.

Given the current LLLL.com market, wouldn't most people be happy with jogk at $60?

I think a sticky thread like that would have to be moderated like the $1000+ section, but it is good idea in my opinion. Sometimes you have names that are worth more than $60 that you want to sell and could benefit from the exposure of an auction on Sedo.

 

[domnet]

I was speaking with a domainer earlier today who does alot more volume than me through Sedo and he told me that a few of his recent auctions have been cancelled because he had a "large amount of auctions started by the same person".

Obviously there's a big difference between having a single friend starting all your auctions and having a community of 90,000 members starting auctions on domains that genuinely interest them... Somewhere between the two extremes, I believe we'll find Sedo's stance.

It'll be interesting to see what that is...

I thought I would chime in as I had an auction set canceled by Sedo because a coworker started a few. Obviously, when you work at a domain opt your coworkers are genuinely interested in domains as well. Personally, I don't see a problem with a friend or forum friend or whatever starting an auction for you if there is an intent to purchase the domain if the auction is won by him/her; however, if the auction is won and payment is not made then both accounts ought to be canceled in IMO.

Preserving the integrity of an auction house is paramount and for that we must give Sedo credit; however, we shouldn't have to have a thread that runs 8 pages deep and no one knows for sure their policy. If they would simply define their policy, I'm sure we would all adhere to it.

Sedo has some of the brightest people working for them, and I hope they continue to succeed. They just need to ramp up the cust service side of the equation. Start listening and innovating more like giving sellers the option of when to end an auction not a bidder who might try to get the auction to end in the middle of the night.

 

[timphelan]

Yeh, looks like that domain is going to go for under minimum wholesale price Reece. The auction is getting close to the end and it's still at $60. That's the chance I took though and that's how buyers can get a good deal in this type of setup.

And I'm the one who placed that $60 bid on your domain specifically because I was aware that it's worth much more than that... As you said, no favor -- we didn't even communicate. If anything, this thread (the short domains sedo auction thread) may actually discourage favors because domainers wouldn't have to resort to pming me and asking for "help".

I'm a pretty nice guy by nature... If you ask me to start a Sedo auction with a bid under min wholesale on that type of domain, how can I refuse? :hearts:

 

[Damion]

Personally, I don't see a problem with a friend or forum friend or whatever starting an auction for you if there is an intent to purchase the domain if the auction is won by him/her; however, if the auction is won and payment is not made then both accounts ought to be canceled in IMO.

Obviously you can't cancel both accounts just because the initial bidder doesn't follow through, the seller plays no role for the bidders actions and can't be held responsible for their irresponsibility and being unprofessional.

Your guideline offers the perfect opportunity for sabotage, to get peoples account canceled. :blink:

 

[cyf]

Very interesting thread. Still, there is something I don't really understand here.

Many people seem to worry a lot about what Sedo could think about this idea. That's really weird, for at least three reasons:

1. Sedo is not a regulation body, aiming at increasing business morality. It's a commercial company, where most of us are *customers*. A soon as we respect their terms of use (https://sedo.com/about/policy.php?page=rules_sellers&tracked=&partnerid=&language=us) - and a Sedo Auction Thread would not infringe any of them - I can't see the problem.

2. It's obvious that many people are - and have been - using third parties to have their names put on auction. Have a look at the current auction list on Sedo, and tell me if you think that names such as "quiscustodietipsoscustodes.com" or "DREAMTYMELIMO.COM" or "AKTENZEICHENXY.com" have been put on auction after "natural" bids... A thread on NP is simply a more convenient and transparent way to do it.

3. Last, and most importantly, it coul be useful to recall that auctions at Sedo are a paying service. When an auctioned name is sold $100, Sedo gets $10. It is a fact that the proposed Sedo's thread on NP will increase the number of names auctioned at Sedo, and therefore the names sold at Sedo. Now, if I were Sedo's manager, would I be worried to read that my customers intend to launch something that will increase my sales and my turnover, without me doing anything?

To put it shortly: come on, NP guys! Let's make it happen. Most of us have been waiting for such a - useful - thing for a long time.

 

[Damion]

2. It's obvious that many people are - and have been - using third parties to have their names put on auction. Have a look at the current auction list on Sedo, and tell me if you think that names such as "quiscustodietipsoscustodes.com" or "DREAMTYMELIMO.COM" or "AKTENZEICHENXY.com" have been put on auction after "natural" bids... A thread on NP is simply a more convenient and transparent way to do it.

The only difference with the auctions above, which i agree seem to look fishy, meaning that the opening bid was not a legitimate bid to purchase, is that through NP the opening bids that would be made are with intend to purchase at the opening bid.

I presume that is also what you mean.

 

[Kenny]

I think we have a decent set of guidelines going. Anybody hear from Sedo regarding their take on this idea?

I sent member Sedo a PM asking him to check on this.
No word back yet.

Cy

 

[dan_Vt]

if I were Sedo's manager, would I be worried to read that my customers intend to launch something that will increase my sales and my turnover, without me doing anything?

Best...point...ever...(assuming the sales go through)

I'd be interested in partaking in such a service (both as buyer and seller). Exposure is the key. You can have a good domain sitting in the crowd that is Sedo, but when it goes to auction suddenly there are eyes on it.

 

[Red Rock]

I sent member Sedo a PM asking him to check on this.
No word back yet.

Cy

Great idea Cy!
I had no idea there was a member here named SEDO. Of course he would have to be a representative of SEDO, so hopefully he will reply soon, then we can FINALLY move in one direction or another!
Thx!

 

[Sedo]

Hi All,

Apologies for the delayed response to this thread and issue. Please keep in mind that ANY type of "shill" bidding for the purpose of inflating auction prices or beginning auctions - or solicitiation of offers - is not permitted in Sedo's marketplace.

While we appreciate the fact that our members would like to use our auction platform to sell domains and are interested in increasing activity, it cannot be encouraged. Only legitimate, good faith bids are allowed on the marketplace, and we monitor all auction activity to help protect the quality and integrity of our services.

Please refer to our Terms and Conditions via the link below:

http://www.sedo.com/about/policy.php?tracked=&partnerid=&language=us

If anyone has any questions about this matter, please feel free to email our Quality Management and Fraud Prevention department at [email protected]. We also ask that you report any instances of shill bidding to this department for review.

Thank you for cooperating. Take care!

Always,
Keith

 

[Jeff]

... is not permitted in Sedo's marketplace.

^ Thank you, Keith. :gl:

And, thank you Kenny! :music:
-Jeff

 

[Kenny]

Thank you Keith, we appreciate you taking the time to respond on this important matter.

Thanks to all for your comments and opinions, but IMO this thread is resolved and this will not be allowed within NP.

Peace,
Cyberian

 

[Len]

I still cannot see how advertising a domain on the understanding that a bid at sedo will send it to auction is classed as "shill bidding". Isn't this what is happening when you land on a parked Sedo page? There is a link to the sellers domain for sale that takes you to a page where you can make the bid.... Are Sedo actually saying that to advertise our domains outside of their control is looking for shill bidders? Would this not also make contact with potential interested buyers once an auction has started "shill bidding"?
The problem is that Sedo has bidders that are supposed to be genuine who are obviously not.....and these are not domainers!! I have had 2 auctions where the bidding has been in $xxxx's and right at the end someone who has no intention of paying, has jumped in and placed a winning bid, completely ruining the auction for everyone involved. Had Sedo had either a fixed fee or % of their bid as a deposit then this would be less likely to have happened.

 

[Damion]

Only legitimate, good faith bids are allowed on the marketplace, and we monitor all auction activity to help protect the quality and integrity of our services.

Thank you for stopping by Keith.

Good faith minimum bids made through the NP forum with the intention to buy the domain at the bid price is then accepted and allowed.

Thanks for clarifying. :tu:

 

[equity78]

Here is what I do not understand, Why are people not starting $60 auctions here on Namepros ? Is it the belief that on SEDO you will see many bids ? It looks like most names unless they are outstanding get one bid maybe 2 that is $10 more.

Why not start these auctions here, where the majority of the domainers looking at SEDO auctions are members here. Plus no commission.

 

[Damion]

The why is easy, because you have way more exposure on Sedo then here on the forum, a more diversified crowd that if they like your domain would pay more then your average domainer.

 

[Michael]

Why not start these auctions here, where the majority of the domainers looking at SEDO auctions are members here. Plus no commission.

I think Sedo has a little more exposure than NamePros and will ensure domains hit fair market value. For example, when I was selling n5.com the high offer on the forums was $16.8k and I bumped it a half dozen times with no more offers, and it sold on Sedo for $25.5k a few weeks later.

Only legitimate, good faith bids are allowed on the marketplace

So you're saying a $60 bid on DSG.com wouldn't be a good faith offer? Telling people you're looking for a bid doesn't make the offer illegitimate.

 

[Damion]

Only legitimate, good faith bids are allowed on the marketplace, and we monitor all auction activity to help protect the quality and integrity of our services.

DomainRaiders: Keith actually confirmed that placing a good faith opening bid is allowed, if you intend to buy then it's allowed.
If you don't intend to buy at the bid you make then you're shill bidding and that is not allowed.

If someone would bid $60 on DSG.com and the bidder makes a genuine bid, to purchase at that bid, then it's good.

 

[wot]

- or solicitiation of offers - is not permitted in Sedo's marketplace.
While we appreciate the fact that our members would like to use our auction platform to sell domains and are interested in increasing activity, it cannot be encouraged. Only legitimate, good faith bids are allowed on the marketplace, and we monitor all auction activity to help protect the quality and integrity of our services.

Enough said :?

 

[VisualArtistFrankBonilla]

Here is what I do not understand, Why are people not starting $60 auctions here on Namepros ? Is it the belief that on SEDO you will see many bids ? It looks like most names unless they are outstanding get one bid maybe 2 that is $10 more.

Why not start these auctions here, where the majority of the domainers looking at SEDO auctions are members here. Plus no commission.

The members at Namepros, incudling myself, are smart domainers looking for a deal. They aren't end users, and won't pay what they will at Sedo. An example, Uv.tv, which I sold in the Sedo auction last year for $4,355.
I had advertised it in Namepros in at least 4 threads. Here is the respond I got:

0-76
0-177
0-87
0-67
These are the comments vs views.

You would this this name had been something like IWANTTOBUYUV.tv ! If I had sold Uv.tv on Namepros, I probably would have gotten something like $295.

But then, bang! Sold at Sedo!
I am not knocking the members here at Namepros. It's like we are the car lots, car dealers, and car salesmen.... we aren't the consumers who are buying the cars!

Frank :gl:

 

[-REECE-]

Agree Mike. It's really too bad that Sedo is against this idea, but having made their position known, this might as well be locked.

I have DATO.com on Sedo auction right now from a "legitimate offer" that came through on Sedo, however I must admit I would have gotten someone from here to start it had that been necessary, just like most of the bigger domainers around here do, despite what people in this thread (or at Sedo) may think.

Sedo needs to upgrade their auction platform if they wish to remain competitive heading into the future on the auction scene... Forcing members to end their auctions at particular times hurts everyone (including Sedo's commissions) and encourages this "friends starting friends's auctions type of shill bidding", as does not permitting ideas like this which would no doubt generate additional revenue for Sedo.

Ah well, what's said has been said... Not much left to say on this subject and I guess it's about time we lock this down and move on.

I think Sedo has a little more exposure than NamePros and will ensure domains hit fair market value. For example, when I was selling n5.com the high offer on the forums was $16.8k and I bumped it a half dozen times with no more offers, and it sold on Sedo for $25.5k a few weeks later.


So you're saying a $60 bid on DSG.com wouldn't be a good faith offer? Telling people you're looking for a bid doesn't make the offer illegitimate.