First Sale

[craigb08]

I sold my first domain on Sedo during the week.
I got a £50 ($70) offer for my name s1insurance.co.uk so I decided to accept it rather than counter and scare them off. I had only registered it for £6 so I thought it was a good enough sale. What does everyone think? Was it a good sale or could I have gotten more?
Thanks.

 

[Ms Domainer]

I sold my first domain on Sedo during the week.
I got a £50 ($70) offer for my name s1insurance.co.uk so I decided to accept it rather than counter and scare them off. I had only registered it for £6 so I thought it was a good enough sale. What does everyone think? Was it a good sale or could I have gotten more?
Thanks.

*

Unless "S1" is something significant in the UK, I think you got a good price.

*

 

[seven]

Why not send it to auction?

 

[owntype]

Congrats on your first domain sale!

The only thing you should know is SEDO charges you $60 commission fee.

Edited: lol, I mistakenly typed Paypal, it's SEDO charges you. Sorry. Please refer to Tribulatio's #10 post

 

[Miyavi]

A $60 commission fee? What are you talking about? I hope that was a joke. :p

 

[samuelhr]

A $60 commission fee? What are you talking about? I hope that was a joke. :p

http://www.sedo.co.uk/services/prices.php3

Nope, seriously.

10% of the sales price [ minimum 50€ / 35£ / 50$ 1, 3, 4]

 

[corgi]

lol

$60 commission fee on a $70 domain sale

 

[Fka200]

Congrats on your first domain sale!

The only thing you should know is Paypal charges you $60 commission fee.

Isn't it Sedo that charges the fee?

Edit: Sedo link was posted above

 

[samuelhr]

Isn't it Sedo that charges the fee?

That's what he meant, I'd assume so anyway.

 

[Tribulatio]

The only thing you should know is Paypal charges you $60 commission fee.

Unless it is parked with Sedo: then only the 10% commission rate applies, as explained at the bottom of Sedo's page:
"No minimum fee if the domain is parked with Sedo; only the flat 10% rate applies."

 

[htmlindex]

*

Unless "S1" is something significant in the UK, I think you got a good price.

*

I would have to agree, I think it was a great price for it.

 

[craigb08]

Hi guys thanks for all of your replies. Sedo charged me £5 so I get £45. S1 is a company in the UK specialising in jobs and other categories. I made the mistake of making a possible tm issue as I was inexperienced. So I am quite pleased with it. Although I still have s1loans.co.uk! lol

Why not send it to auction?

I didn't think it was a good enough name to risk auction!

 

[banners]

i'd be happy with the sale of said domain.