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Reload this Page SEDO sellers want to rip me off!

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Old 10-21-2008, 10:40 PM   #26 (permalink)
If only you knew...
 
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domexp,

Sedo will send you an email every time an update is made in that conrol panel. Once they have been paid, part of the instructions listed in the control panel will be how to transfer the domain TO SEDO (not the buyer). Like I said earlier, do NOT follow instructions from emails claiming to be from SEDO, even if the "from" address appears to be from Sedo (email headers can be faked). Part of the process (earlier on) will ask you, in that control panel, what registrar the domain is with. Once they are paid, Sedo will put into that control panel specific instructions (including their - SEDO's - username/id and email, etc - depends on where domain is registered), on how to push the domain into Sedo's account. Once they verify they have the domain, they send payment. Sedo pushes the domain to the buyer at the time they pay you, or later, and you are not part of that proccess. This is what makes it safer, in that Sedo won't have you push name to Sedo till they are paid, its pushed by you to Sedo (not buyer), and buyer knows Sedo won't pay you till you've given Sedo control of the domain.
????: NamePros.com http://www.namepros.com/domain-newbies/512668-sedo-sellers-want-rip-me-off.html

List the domain in diffrent places (Sedo and Afternic being the most common used). Once you accept an offer, or start an auction (takes it getting an offer first for you to push it to 7-day auction), you can just mark the domain as not-for-sale at the other sites (both Sedo and Afternic allow domains to be in your portfolio, but marked as not-for-sale). Delete the domain from the others (obvious) once sale done and you're paid. However, if the buyer doesn't pay within 10 days, notify the site that the "sale apparently isn't going through" (their computers know how many days its been, but it takes a human staffer to "cancel" the sale's transaction) - Note: Sedo does this if you nicely email them, whereas, Afternic has a policy that is more specific about the 10 days (read http://www.afternic.com/agreement.php - near the bottom of the "MEMBER'S WARRANTIES AND OBLIGATIONS TO OTHER MEMBERS AND COMPANY" section. In this event, just wait till they manually cancel the sale & relist the domain, then you can go and mark it once again as being for-sale at the other site(s).
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