Does Sedo allow people to 'sell' names they don't own?

[jhansen]

Hi,

Quick question...when one attempts to list a name for sale on Sedo, how thorough is their verification process?

I ask this, because I sent out a few offers for particular types of names recently, and one of the offers was accepted.

The offer was almost certainly for about 1/100th of the domain's actual value, and no one in their right mind would've accepted it.

When I go to the 'contract', the seller is supposedly someone in Buenos Aires, Argentina.....but the name is owned by an American company (the same company that successfully defended a WIPO claim in 2005 for it)....and there is presently an e-book ad page on the domain in question.

I would love to believe this Argentinian has the name, and I'll get it for an absolute steal....but I'm hesitant to even send payment for it. How long will Sedo be holding it until they return it? Would they EVER return it? Ugh...this just sucks.

Thanks in advance.

-Justin

P.S. - My contact is Iris Siedlatzek....you see why I came here first!

 

[htmlindex]

As far as I understand, to have a name added to your Sedo account, you need the Nameservers as Sedo's. Then they automatically verify that you own the domain & add it to your account.

You could send an email to the owner of the domain by doing a Whois search on www.domaintools.com to verify that in fact he/she has in fact listed the domain for sale on Sedo. If they say it's them, then you'll be sure that it's correct.

 

[jhansen]

Thx for the input htmlindex, anyone else have anything to add? Thx.

 

[gazzip]

The offer was almost certainly for about 1/100th of the domain's actual value, and no one in their right mind would've accepted it.

Sounds a bit too good to be true

I think they sometimes do list names for sale that they should not - Atlantis.com is an example that has been for sale for a very long time on sedo and has had 17 Offers.

The domain is owned by Kerzner International Resorts, Inc > www.atlantis.com

Do you really think they are wanting to sell it ? :hehe: I don't think so !

I don't know why sedo has'nt removed it instead of letting it keep getting offers ?


Good luck, hope it turns out genuine


.

 

[tricolorro]

As far as I understand, to have a name added to your Sedo account, you need the Nameservers as Sedo's. Then they automatically verify that you own the domain & add it to your account.

:hi:

No. You don't have to use Sedo name servers in order to list and
sell a domain.

That is required only when you are going to Park your domains at Sedo.

However, it would certainly make the verification process easier.

Then you could change the name servers once your domain is added to
the Sedo marketplace.

You could send an email to the owner of the domain by doing a Whois search on www.domaintools.com to verify that in fact he/she has in fact listed the domain for sale on Sedo. If they say it's them, then you'll be sure that it's correct.

This is a good idea.

Sometimes domains are listed for sale on Sedo that eventually expire.

The domains stay listed because no one removed them.

Offers to buy the domain are made and then Sedo finds out there
is a new owner and that the domain is not for sale.

There really isn't any point to list domains for sale at Sedo that you don't control.

Sedo acts as an escrow service.

The sale proceeds will not be released until the domain is either
transferred to Sedo's control or directly to the buyer's control.

If Sedo takes control, Sedo will then transfer the domain to the Buyer.

No money will be paid out until the transfer takes place.

Patrick

 

[jhansen]

I sent payment...my hopes are extremely low.