Initial bid price for my domain name on Sedo

Cavemandude · 04-24-2006, 08:41 AM

I had an initial bid for my domain name at Sedo. As recommended by Sedo in the email that had the bid, I offered a higher price for the domain and got no response from the buyer for a couple days. My question is, does my higher offer immediately cancel the initial bid that I received from the buyer?

What if I wanted to accept the initial offer, is that person still obligated to pay it? I didn’t see a way to accept the initial offer after I submitted my higher counter offer, only that I could submit a new offer. How do I accept the initial offer by the buyer?

Thanks,

Randy

fonzie_007 · 04-24-2006, 06:23 PM

general rule of law, once you counteroffer, you are explicitly rejecting the first offer and it is not valid anymore.

04-24-2006, 08:41 AM	THREAD STARTER #1 (permalink)
Cavemandude New Member Join Date: Jan 2006 Posts: 17	Initial bid price for my domain name on Sedo I had an initial bid for my domain name at Sedo. As recommended by Sedo in the email that had the bid, I offered a higher price for the domain and got no response from the buyer for a couple days. My question is, does my higher offer immediately cancel the initial bid that I received from the buyer? What if I wanted to accept the initial offer, is that person still obligated to pay it? I didn’t see a way to accept the initial offer after I submitted my higher counter offer, only that I could submit a new offer. How do I accept the initial offer by the buyer? Thanks, Randy

04-24-2006, 06:23 PM	#2 (permalink)
fonzie_007 NamePros Expert Join Date: Nov 2005 Location: LLL.us City Posts: 6,358	general rule of law, once you counteroffer, you are explicitly rejecting the first offer and it is not valid anymore. __________________ Feeling achy? · ACL Injury Information · Indian Recipes

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