Sedo are taking $76 from a $99 sale?

Dragongs · Jul 23, 2015

so I've just sold my first domain on sedo for 99 but sedo are taking 76 commision? Surely that can't be right? Any information is greatly appreciated.

Dragongs · Jul 23, 2015

I guess it was worth mentioning that it was listed at BIN

FusionSpy · Jul 23, 2015

I think minimum commission is set at $60 no matter how you price it and also I think there is VAT added on top of it due to some recent changes - I don't even bother pricing my domains on Sedo below $600.

Hypersot · Jul 23, 2015

@OP : That's correct. Afaik, that's their minimum commission

It used to be $60 but they upped it recently

brandnow · Jul 23, 2015

Yup. That's right.

Welcome to Sedo.

Namer Pro · Jul 23, 2015

That's a terrible first experience to have as a domainer...

I'm sorry that happened to you.

You might be able to convince a manager to lower the commission, mention something about why on earth would sedo recommend selling at 99$ to you if they take pretty much all the money.

I've managed to persuade companies to bend the trick is making a compelling argument and twisting things so it's their fault, persistence, and well luck.

Dragongs · Jul 23, 2015

Oh wow didn't realise that. Thanks for the quick replies

pdevananth · Jul 23, 2015

This is how SEDO & FLIPPA makes money.

brandnow · Jul 23, 2015

Namer Pro said:
That's a terrible first experience to have as a domainer...

I'm sorry that happened to you.

You might be able to convince a manager to lower the commission, mention something about why on earth would sedo recommend selling at 99$ to you if they take pretty much all the money.

I've managed to persuade companies to bend the trick is making a compelling argument and twisting things so it's their fault, persistence, and well luck.

I had almost the same thing happen to me with Sedo back in 2008. First Sedo sale. They took almost all the money. I went back and forth with a supervisor for two weeks. They absolutely refused to budge. I can't remember the details now. But it was something like a $60 sale and they took $50 commission.

Namer Pro · Jul 23, 2015

brandnow said:
I had almost the same thing happen to me with Sedo back in 2008. First Sedo sale. They took almost all the money. I went back and forth with a supervisor for two weeks. They absolutely refused to budge. I can't remember the details now. But it was something like a $60 sale and they took $50 commission.

That's what I kinda assumed. Your best bet may be to say something like you run a blog with "x" amount of users and you post reviews about products and services, give them a big fat F. Has worked in the past for me, and it was a complete bluff.

I'm all outta cards now.

Fancy.domains · Jul 23, 2015

Hi,

My cheapest names at SEDO are priced at $195. Starting from next year, my minimum price will be $295.

Namer Pro · Jul 23, 2015

kohsamui said:
Hi,

My cheapest ones at SEDO is priced at $195. Starting from next year, my minimum price will be $295.

I've never sold through sedo and after reading this I immediately went and bumped my prices up a bit.

Namer Pro · Jul 23, 2015

kohsamui said:
Hi,

My cheapest names at SEDO are priced at $195. Starting from next year, my minimum price will be $295.

Why not change them now though?

PowerDN · Jul 23, 2015

Hypersot said:
It used to be $60 but they upped it recently

Thanks for the info

pdevananth · Jul 23, 2015

kohsamui said:
Hi,

My cheapest names at SEDO are priced at $195. Starting from next year, my minimum price will be $295.

You can increase the price to adjust sedo commission. But there should be buyers interested in that level.

Fancy.domains · Jul 23, 2015

pdevananth said:
You can increase the price to adjust sedo commission. But there should be buyers interested in that level.

That's obvious.

I've only sold about 6-7 domains at SEDO the last year, but I think most of them are rather fairly priced. With some exceptions, but I will "correct" those later on.

Fancy.domains · Jul 23, 2015

Namer Pro said:
Why not change them now though?

I will not renew most of my $195-ones so I will simply delete them from SEDO when they expire.

Namer Pro · Jul 23, 2015

kohsamui said:
I will not renew most of my $195-ones so I will simply delete them from SEDO when they expire.

Should just liquidate them, if they're worth something.

Fancy.domains · Jul 23, 2015

Namer Pro said:
Should just liquidate them, if they're worth something.

Good idea! Thanks!

pdevananth · Jul 23, 2015

kohsamui said:
I will not renew most of my $195-ones so I will simply delete them from SEDO when they expire.

If you are not going to renew then auction it in NamePros. Atleast you will get few $

Namer Pro · Jul 23, 2015

kohsamui said:
Good idea! Thanks!

Glad to help

Fancy.domains · Jul 23, 2015

Yes, I will probably try to bulk sell them for reg fee.

Thanks!

carob · Jul 23, 2015

Seems they now add VAT to the commision - they added 20% to the commission on my recent sale. I had to query that as the documents did not specify VAT.

NPer · Jul 27, 2015

The final price is inclusive of VAT if the buyer and seller are from the same region, e.g. EU, US, etc.

NameOmnia · Jul 28, 2015

Just keep in mind that the minimum is 60 BUT their commission is 15% meaning that it will ( obviously ) increase if you increase the price.

Overall I wouldn't be so upset really. They are still among the cheapest marketplace available and some of my best sales came from there.

Sedo are taking $76 from a $99 sale?

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