sedo policy change petition

Tim Schoon · 10-27-2009, 04:00 AM

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.
????: NamePros.com http://www.namepros.com/domain-name-discussion/619228-sedo-policy-change-petition.html

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

ulasbbtr · 10-27-2009, 05:14 AM

Yes, the new policy is illogical. For a 60Euro offer, Sedo demands 50Euro commission, which means do not sell it and this logic will kill the small segments of the market.

And I can't understand the strategy behind forcing for fixing price for a still not established market.

DNBro · 10-27-2009, 05:55 AM

probably sedo will change this policy after seeing difference in sales volume.

In my personal experience, i have redirected more than 20 buyers to sedo page to make offer and conducted auction. but all occasions i haven't got any counter offer. Next time onwards i will conduct transaction directly through paypal (minimum for those transaction under $500).

Tim Schoon · 10-27-2009, 06:00 AM

ok guys please note that this is a petition and I'd like people to sign it instead of just discussing.
The point is to get a lot of signers so sedo will know people don't like their new policy.

***twomoon*** · 10-27-2009, 06:52 AM

If I can add something, there is also one new feature that seems illogical for me.

When we are clicking at the featured auctions on the main page we can see all running auctions. Previously all auctions were on one page, and it was very useful. Now there are 10 pages (25 domains on each page), and auctions that are not on the first page (closing soon) got very!! low views. Just check the last pages of running auctions and you will see.

It’s not good for sellers and for Sedo IMO

Signed up.

mobigod · 10-27-2009, 07:13 AM

Originally Posted by Toilet Monster

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

????: NamePros.com http://www.namepros.com/showthread.php?t=619228
Sign this thread if you're with me on this. Sedo, change stuff back to the way it was!

yes, i agree. they should revert back
1 vote

***twomoon*** · 10-27-2009, 08:20 AM

One more thing - there is something totally wrong!!!!
Look, on the first page we can see domain name morepics.com (it’s bold – it’s not mine) is has 24 bids and 293 views! It’s not normal and it can’t be.
Before this new changes on some of my not very good domains (not .com) I had 70-100 views daily.
Almost all auctions had 700 + views before the end.

gladdy · 10-27-2009, 10:11 AM

This new implemented "multipage auction list" means only one:
auctioned domains will miss a lot of potential buyers, final sales will be smaller,
domain seller and Sedo itself loose a potential money.

maxeaus · 10-27-2009, 10:24 AM

How exactly do i sign this thread? Just by commenting?

Anyway, i never like Sedo in the first place with it's slow service response times, but now $50 minimum on a $60 domain??? Just plain GREED. I mean who is going to reg domains at $10 and then sell them at $60 on Sedo for them to take $50?

Honestly, this is why i don't even bother promoting my domains for sale, I'm embarrassed by the constant greed of registrars and auction/sales sites (NP'S excluded), just sad IMO.

mosilager · 10-27-2009, 10:37 AM

1 vote here - I agree, this new policy sucks!.

dtagr · 10-27-2009, 10:38 AM

Author needs to put up a poll. That way we may sign. Just don't expect it to have an effect.

turnhardtoeasy · 10-27-2009, 11:13 AM

Well i vote in...
Its obviously very Greedy thing to almost steal commission from us.

lincolndsp · 10-27-2009, 11:21 AM

Tim Schoon · 10-27-2009, 11:26 AM

added a poll!

nstalk · 10-27-2009, 11:33 AM

I just voted...so far its 100% AGAINST the new policy.....but theres only 4 votes including mine.

Domain Jedi · 10-27-2009, 11:37 AM

1 vote here. Stop the greed!

Please participate in the following Sedo poll as well:

http://www.namepros.com/618861-will-...ml#post3633439

gladdy · 10-27-2009, 11:52 AM

1 vote from me!

*fastadam* · 10-27-2009, 12:00 PM

And to think I was just preparing to advertise/promote a bunch of domains listed at sedo...
????: NamePros.com http://www.namepros.com/showthread.php?t=619228

I guess this means there's no point in setting the minimum at any less than $500 --- or in trying to sell lower value names through their platform. Too bad for us, and too bad for them.

If I was in their position, and trying to limit my exposure to high cost / low profit margin transactions, but trying to stay on the good side of the supply market, I would instate some kind of monthly maximum for transactions <500 with the 10% fee, and tie the maximum number to the seller's avg. transaction total so that power sellers have a bit more flexibility...

Regarding the new "Auction View" w/ only 25 domains per page. WTF were you people thinking? I have an auction that has been running for 4 days, and I have less than 20 views. This is a good domain, related to the solar power industry. If I don't the eyeballs, how the f$#k am I supposed to bring in the big $$$? If I can't bring in the big $$$, then how is Sedo supposed to make a BIGGER commission?

It makes no sense. What kind of review process do you think they use for making decisions? Not a very good one, IMO.

Sedo just lost some more business.

mozzeratti · 10-27-2009, 03:37 PM

my vote is in

`

FPForum · 10-27-2009, 03:45 PM

My vote is in..The new fees and rules suck! So I guess the minimum bid must be above $60 now if they are planning on taking $50 in commission..Hopefully their sales and auctions drop dramatically now..

adinfinite · 10-27-2009, 03:47 PM

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.

Radiator · 10-27-2009, 05:24 PM

Originally Posted by ulasbbtr

Yes, the new policy is illogical. For a 60Euro offer, Sedo demands 50Euro commission, which means do not sell it and this logic will kill the small segments of the market.

And I can't understand the strategy behind forcing for fixing price for a still not established market.

Not only is the market very volatile at best [give me 2 valuations of the same domain by 'professional appraisers' that are identical, and I'll wash your car for a year, and mow your lawn while I'm at it], but this is going to totally throw newer Sedo users who mostly arent going to have a clue what their domains are worth. They would be much better off relying on the leveller that is the auction process, than the often pretty random figures the new price suggestion tool spits out.

I can see now that the tool was a foreshadowing of this new structuring. Sedo reason that the software will enable people to set reasonable fixed prices, and therefore get things sold quicker, and in turn reduce the general clogging of rubbishy domains [I probably have a few myself, due to job lot buying etc, aha]. However, though the theory is a good one, in practise is the tool up to such a massively complex challenge? Hmmm...
????: NamePros.com http://www.namepros.com/showthread.php?t=619228

Certainly in my experience what the tool 'thinks' is stellar material, and what Sedo brokerage think, reside in 2 parallel universes. Extreme case in point being 1 domain the former assesses as being in excess of 10,000, while brokerage boomerangs it back as not being fit for the monthly sale (where many items have barely peeped over the min bid level on a regular basis).

If they don't actually u-turn on this, the very least they need to do is get rid of the parking requirement for exemption. Unacceptable strong-arm tactics, cynically designed to keep people from getting better performance elsewhere.

I'm certain they will take a thorough beating at the polls over this, and people will vote with their feet

cmason · 10-27-2009, 05:32 PM

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 · 10-27-2009, 06:17 PM

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 · 10-27-2009, 06:30 PM

+1 vote.

View Poll Results: What do you think of sedo's new updates? - auction page system and $50 min. fees
New sedo policies suck! change it back!	62	98.41%
The new policies are awesome!	1	1.59%
Voters: 63. You may not vote on this poll

10-27-2009, 04:00 AM	THREAD STARTER #1 (permalink)
Tim Schoon Senior Member Join Date: Nov 2007 Location: Netherlands Posts: 2,216	sedo policy change petition 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. ????: NamePros.com http://www.namepros.com/domain-name-discussion/619228-sedo-policy-change-petition.html Well, have fun sedo, you won't see me around anymore!! __________________ PEJ.com - high-end domain name brokerage & portfolio management Last edited by Tim Schoon; 12-11-2009 at 05:08 AM.

10-27-2009, 06:00 AM	THREAD STARTER #4 (permalink)
Tim Schoon Senior Member Join Date: Nov 2007 Location: Netherlands Posts: 2,216	ok guys please note that this is a petition and I'd like people to sign it instead of just discussing. The point is to get a lot of signers so sedo will know people don't like their new policy. __________________ PEJ.com - high-end domain name brokerage & portfolio management

10-27-2009, 06:52 AM	#5 (permalink)
*twomoon* Lead farmer Join Date: May 2008 Location: Voodoo.TV Posts: 3,749 Follow @Voodoo_TV	If I can add something, there is also one new feature that seems illogical for me. When we are clicking at the featured auctions on the main page we can see all running auctions. Previously all auctions were on one page, and it was very useful. Now there are 10 pages (25 domains on each page), and auctions that are not on the first page (closing soon) got very!! low views. Just check the last pages of running auctions and you will see. It’s not good for sellers and for Sedo IMO Signed up. __________________ Voodoo.TV - No tricks! Just pure .TV magic TWOMOON Internet Real Estate Last edited by twomoon; 10-27-2009 at 07:00 AM.

10-27-2009, 08:20 AM	#7 (permalink)
*twomoon* Lead farmer Join Date: May 2008 Location: Voodoo.TV Posts: 3,749 Follow @Voodoo_TV	One more thing - there is something totally wrong!!!! Look, on the first page we can see domain name morepics.com (it’s bold – it’s not mine) is has 24 bids and 293 views! It’s not normal and it can’t be. Before this new changes on some of my not very good domains (not .com) I had 70-100 views daily. Almost all auctions had 700 + views before the end. __________________ Voodoo.TV - No tricks! Just pure .TV magic TWOMOON Internet Real Estate

10-27-2009, 05:14 AM	#2 (permalink)
ulasbbtr NamePros Regular Join Date: Jun 2007 Posts: 312	Yes, the new policy is illogical. For a 60Euro offer, Sedo demands 50Euro commission, which means do not sell it and this logic will kill the small segments of the market. And I can't understand the strategy behind forcing for fixing price for a still not established market.

10-27-2009, 05:55 AM	#3 (permalink)
DNBro ValidDomains.com Join Date: Oct 2006 Posts: 3,505 Follow @TopSelling	probably sedo will change this policy after seeing difference in sales volume. In my personal experience, i have redirected more than 20 buyers to sedo page to make offer and conducted auction. but all occasions i haven't got any counter offer. Next time onwards i will conduct transaction directly through paypal (minimum for those transaction under $500).

10-27-2009, 10:11 AM	#8 (permalink)
gladdy Senior Member Join Date: Apr 2008 Location: goldnames.com Posts: 4,752 Follow @goldnames_com	This new implemented "multipage auction list" means only one: auctioned domains will miss a lot of potential buyers, final sales will be smaller, domain seller and Sedo itself loose a potential money. __________________ Goldnames.com \| Daily backorder ideas in our BLOG \| Sedo portfolio \| Latest domain sales \| ADVN.com Last edited by gladdy; 10-27-2009 at 10:44 AM.

10-27-2009, 10:24 AM	#9 (permalink)
maxeaus Senior Member Join Date: Aug 2008 Location: Australia Posts: 1,815	How exactly do i sign this thread? Just by commenting? Anyway, i never like Sedo in the first place with it's slow service response times, but now $50 minimum on a $60 domain??? Just plain GREED. I mean who is going to reg domains at $10 and then sell them at $60 on Sedo for them to take $50? Honestly, this is why i don't even bother promoting my domains for sale, I'm embarrassed by the constant greed of registrars and auction/sales sites (NP'S excluded), just sad IMO. __________________ Drez Media

10-27-2009, 10:37 AM	#10 (permalink)
mosilager Senior Member Join Date: Sep 2005 Location: Fort Worth, TX Posts: 1,097	1 vote here - I agree, this new policy sucks!. __________________ Looking For Offers: akl.net/aej.net Anti Snoring Devices \| Discount Golf Palm Springs

10-27-2009, 10:38 AM	#11 (permalink)
dtagr NamePros Regular Join Date: Jan 2009 Location: Canada Posts: 632	Author needs to put up a poll. That way we may sign. Just don't expect it to have an effect. __________________ HockeyRings.com

10-27-2009, 11:13 AM	#12 (permalink)
turnhardtoeasy Senior Member Join Date: Mar 2009 Location: India Posts: 1,749 Follow @turnhardtoeasy	Well i vote in... Its obviously very Greedy thing to almost steal commission from us. __________________ blogvisit.com Makeseoeasy.com

10-27-2009, 11:21 AM	#13 (permalink)
lincolndsp NamePros Regular Join Date: Nov 2008 Posts: 987	+1

10-27-2009, 11:26 AM	THREAD STARTER #14 (permalink)
Tim Schoon Senior Member Join Date: Nov 2007 Location: Netherlands Posts: 2,216	added a poll! __________________ PEJ.com - high-end domain name brokerage & portfolio management

10-27-2009, 11:33 AM	#15 (permalink)
nstalk NamePros Regular Join Date: Apr 2006 Posts: 386	I just voted...so far its 100% AGAINST the new policy.....but theres only 4 votes including mine.

10-27-2009, 03:37 PM	#19 (permalink)
mozzeratti Senior Member Join Date: May 2008 Posts: 1,073	my vote is in ` __________________ █ SALE ! >> CashSolutionsnet █ couponlecom >> Techeroo*com

10-27-2009, 11:37 AM	#16 (permalink)
Domain Jedi NamePros Regular Join Date: Nov 2006 Location: Jedi Temple Posts: 838	1 vote here. Stop the greed! Please participate in the following Sedo poll as well: http://www.namepros.com/618861-will-...ml#post3633439 __________________ A Premium *Product Specific* .Com: SprayTanMachine.com

10-27-2009, 11:52 AM	#17 (permalink)
gladdy Senior Member Join Date: Apr 2008 Location: goldnames.com Posts: 4,752 Follow @goldnames_com	1 vote from me! __________________ Goldnames.com \| Daily backorder ideas in our BLOG \| Sedo portfolio \| Latest domain sales \| ADVN.com

10-27-2009, 12:00 PM	#18 (permalink)
fastadam NamePros Supporter Join Date: Nov 2008 Location: Out West Posts: 154	And to think I was just preparing to advertise/promote a bunch of domains listed at sedo... ????: NamePros.com http://www.namepros.com/showthread.php?t=619228 I guess this means there's no point in setting the minimum at any less than $500 --- or in trying to sell lower value names through their platform. Too bad for us, and too bad for them. If I was in their position, and trying to limit my exposure to high cost / low profit margin transactions, but trying to stay on the good side of the supply market, I would instate some kind of monthly maximum for transactions <500 with the 10% fee, and tie the maximum number to the seller's avg. transaction total so that power sellers have a bit more flexibility... Regarding the new "Auction View" w/ only 25 domains per page. WTF were you people thinking? I have an auction that has been running for 4 days, and I have less than 20 views. This is a good domain, related to the solar power industry. If I don't the eyeballs, how the f$#k am I supposed to bring in the big $$$? If I can't bring in the big $$$, then how is Sedo supposed to make a BIGGER commission? It makes no sense. What kind of review process do you think they use for making decisions? Not a very good one, IMO. Sedo just lost some more business.

10-27-2009, 03:45 PM	#20 (permalink)
FPForum Senior Member Join Date: Apr 2006 Location: Houston, TX Posts: 2,795 Follow @dualrack	My vote is in..The new fees and rules suck! So I guess the minimum bid must be above $60 now if they are planning on taking $50 in commission..Hopefully their sales and auctions drop dramatically now.. __________________ Linux VPS Hosting \| Reseller Hosting Web Design Reviews \| Webmasters

10-27-2009, 03:47 PM	#21 (permalink)
adinfinite NamePros Regular Join Date: Sep 2009 Location: FL & DC Posts: 392	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. __________________ I Make Money With These Guys!

10-27-2009, 05:32 PM	#23 (permalink)
cmason Senior Member Join Date: Apr 2009 Location: Canada Posts: 1,282 Follow @ColeMason	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.

10-27-2009, 06:17 PM	#24 (permalink)
mitok Senior Member Join Date: Feb 2006 Location: Europe Posts: 1,692	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. __________________ DomainManager.me.....buy this premium personalized name on Bido auction: http://www.bido.com/Auction?name=domainmanager.me

10-27-2009, 06:30 PM	#25 (permalink)
mtford NamePros Member Join Date: Oct 2008 Posts: 99	+1 vote.

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