- Impact
- 49
Just a quick note to all as I nearly got caught out - check how much commission you are paying on Sedo sales!
I just sold a domain for 3300 Euro and noticed that the commission was charged as 20% MLS rate rather than Sedo's (already in my opinion high) standard 15%. I queried this with the transfer agent and was told that all domains were automatically listed on SedoMLS and that the onus was on me to prove to them that my offer came directly through Sedo and not through the registrar that the domain was registered with:
You'd think that their system should be able to track this.. Perhaps it conveniently doesn't so that we get charged the higher rate by default.
I just sold a domain for 3300 Euro and noticed that the commission was charged as 20% MLS rate rather than Sedo's (already in my opinion high) standard 15%. I queried this with the transfer agent and was told that all domains were automatically listed on SedoMLS and that the onus was on me to prove to them that my offer came directly through Sedo and not through the registrar that the domain was registered with:
Sedo Transfer Agent
Kindly note that all domains that are listed for sale at Sedo will automatically be part of our MLS basic program and therefore listed with our partner registrars (one of them is Moniker).
Please inform us how this auction was started and where you got the buyer's offer, through Sedo or directly through Moniker. If possible, you may provide a screenshot that will help clarifying this. If the domain was sold through Sedo we will be happy to adjust the transfer commission to 15%.
Thank you for your cooperation.
You'd think that their system should be able to track this.. Perhaps it conveniently doesn't so that we get charged the higher rate by default.