Can I just ignore a Sedo offer

[cassius]

I got an offer on sedo and I don't want to make a counter offer. Can I just ignore it?

 

[labrocca]

Yeah...but not advisable. If you must counter offer with a number 2 times what you really want. btw...why list it for sale if you don't want to make counter-offers?

 

[cassius]

HI, thanks for the reply. Yeah I know it sounds kinda screwy. But here is what happened. When I put my first batch of domains up on sedo, I put them all at the same minimum bid (which was really low). I never bothered to change some of them. The domain in question is two-words, 14 characters and is a slightly shortened description of one of the most commonly traded investment commodities in the world.

The offer I received was low $xxx, which I think is well below retail value on this. I'm not really interested in giving any sort of counter unless I get an offer that is closer to the range that I want.

I guess I need to update some of my sedo listings

 

[McDot]

If you just don't want to sell, you can just abort the negotiation without answering.

But why do you want to ignore an offer?
Just because the bid is to low?

Many people just bid something like xx to start.
This way they expect to find out what you are looking for.
Just answer some figure above your asking price and see if your potential buyer starts negotiating at a reasonable level. You can still abort whenever you like.

 

[gazzip]

If you just don't want to sell, you can just abort the negotiation without answering.
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You cannot cancel a bid until you have replied with a price, if you ignore it it will expire in 7 days but sedo will send you reminder emails.

If you have just set it to minimum offers they you can still counter with whatever price you like.

If you have set your asking price to a certain amount ie $300 then you cannot counter with more than that amount, in this case you would be best just to ignore it if you now decide you want more.

I hate the way you cannot cancel by just a simple reply - sorry I have had higher offers.


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[SpareDomains]

just counter offer back at what you would like to sell it for, a lot of people list all of their domains at the minimum bid even if they wan't 100,000 for them as the lower starting point encourages bids and makes your domains more desirable looking due to numerous bids on them which makes them stand out at sedo, also most bidders never throw out their maximum bid on a first offer so counter offering a higher price usually works.

 

[wot]

From little acorns massive oaks do grow - counter!

 

[VirtualT]

lowball offers on sedo are annoying because they lock your domains in for seven days

 

[McDot]

You cannot cancel a bid until you have replied with a price, if you ignore it it will expire in 7 days but sedo will send you reminder emails.

As far as I know this is not right.
You can abort negotiations without answering.

lowball offers on sedo are annoying because they lock your domains in for seven days

This is also not true.
Your domain is only locked for 7 days at a couter offer you make.
A buyers bid can not lock your domain.

The seven days tie are only for bidding party.

PS
I can't imagine you guys here have different rules than what we have in Germany.

 

[VirtualT]

no, once an offer has been made on your domain, you HAVE to make a counter offer before you can do anything else with it, and you cannot unlist it while the counter offer is valid.
catch22

 

[McDot]

Lets prove that point.

Just go to one of my domains in the signature please, and make a xx bid.

 

[whitebark]

Why would you ignore ANY offer that is half-ass reasonable? Two things - just because you believe your domain to be worth much more - it might not be. Second, how do you know this person will not comply with your counter offer? You could have your desired price/buyer sitting right before you and you are not even going to try to find out?

Unless you are beating off the offers on a domain you should always feel out a potential buyer. That's one man's opinion.

 

[gazzip]

lowball offers on sedo are annoying because they lock your domains in for seven days

true, especially when the buyer doe'snt even cancel the bid if they are not interested in your counter, this happens alot and then you have to wait till it expires before someone else can make an offer.

Lets prove that point.

Just go to one of my domains in the signature please, and make a xx bid.

I have already proved that, I also sent sedo an email to enquire, recently they have changed their email so when they notify you that there is an offer.

They now include this in the email they send to you - this is what sedo sends you now.

Please note, that you will receive reminder mails about this offer, until you respond and you will need to submit at least one counter before you can cancel the negotiations. This process was designed to ensure a communicative and successful market place.

NEGOTIATION ADVICE:

Our experience shows that there is often a difference between your desired selling price and the amount the buyer wishes to pay. If you want to find out the fair market value of your domain name, and ensure that you are negotiating wisely, our quality Domain Name Appraisal is your solution. Please follow this link for more:


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This is also not true.
Your domain is only locked for 7 days at a couter offer you make.
A buyers bid can not lock your domain.

The seven days tie are only for bidding party.
.

That is not correct either, maybe you have different rules in Germany but I doubt it - I have had quiet a few offers where the person did not cancel and I had to wait 7 days - I have one right now doing that. :td: the last two also did that.

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[cassius]

Thanks everybody for the responses. I made a counter offer so we will see what happens. Lots of reps added.

 

[gazzip]

Good luck with it



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[sf2010]

Thanks everybody for the responses. I made a counter offer so we will see what happens. Lots of reps added.

I would also suggest that you take control of the negotiation tempo. What I mean by that is that when he counters, don't respond right away. Take couple of days of, think about how you would respond.

My biggest mistake was to being seen as too anxious to negotiate and sell my first domain name....

cheers,

kev

 

[labrocca]

1. 100% you can't cancel a bid until you counter offer.

2. MAKE A COUNTER OFFER. It's rare a person interested will make a $x,xxx offer even if that's what the domain is worth. As I said...think of what you want...double it...counter offer. They may come back with a number that you like...or after 7 days you just cancel the negotiations. Simple.