My Fastest Sedo Transaction

[Grrilla]

I received an offer at 10:30 PM last night, agreed to accept it, and 18 hours later Sedo received the money and the push has been completed. If the money get's into my Paypal within the next 6 hrs the entire transaction will have been completed within a day. Wish they all went like this. Far cry from the string of sh~theads that bid, srung out the negotiations for a couple of weeks and, than, flaked and bailed a couple of months back. WooHoo!

 

[carltonleon]

Nice one Grilla,

I have been in the domain game just since January and have sold two domains worth a grand total of , wait for it , drum roll please ........ $70.
Nothing that I will be giving my day job up with, but I reckon that I have a few decent names regged and I have enjoyed learning here at NP, in fact it is the best part of it, being in this community and the advice and comradeship that I have received. I am in it for the long haul so I am not really worried about the lack of sales and am just enjoying learning and having lots of fun with Blook Threads !!!!

 

[The Engineer]

My story today.

1. Got up. 7.30am
2. Went online.
3. Read this thread
4. Checked inbox
5. Offer from sedo
6. Considered offer
7. Accepted offer 7.40
8. Made breakfast
9. Took wife to work.
10. Came back 9.40
11. email from sedo to transfer domain to their godaddy account.
12. Transfered domain.
13. Logged in to sedo.
14. "The transaction has been succesfully concluded"
15. Time 10.45am

Is this a record.

 

[Grrilla]

My story today.

1. Got up. 7.30am
2. Went online.
3. Read this thread
4. Checked inbox
5. Offer from sedo
6. Considered offer
7. Accepted offer 7.40
8. Made breakfast
9. Took wife to work.
10. Came back 9.40
11. email from sedo to transfer domain to their godaddy account.
12. Transfered domain.
13. Logged in to sedo.
14. "The transaction has been succesfully concluded"
15. Time 10.45am

Is this a record.

It beat mine by about 12 hrs and I thought I might have had a record going. Looks like a personal best will have to do.

So much depends upon the two parties- particularly the buyer because he has to be ready to pay immediately if the transaction is to move along. Once the price is agreed upon and Sedo rceives a credit card payment the deal is, essentially, done. It's getting the front end of the transaction copleted that is the nut cruncher.

 

[FedPrimeRate.com]

Good to read about SEDO finally getting the lead out. Hopefully transactions will be consistently faster now.

AmCy

 

[deleted984054565403]

Congratulations, Michael. My fastest Sedo transaction is two months and one day, unfortunately -- transfer issues.

Nice job on the fast sale, JLPinternet.

 

[Toker]

My last Sedo transaction was a quickie too. The name was SellMySites.com and the transaction took less than a day.

On the other hand, my deals on there last year selling Poker.md and buying Poker.in each took over a month even though my parts in both transactions were done immediately. In fact, Poker.in from the time I first emailed the owner to the time the transaction was complete via Sedo's acquisition service was literally about 2 and a half months. Well worth it for the deal I got, but still...I only want to go through that once! It was absolutely ridiculous.

This month in sales for me is abysmal compared to the last 2. I sold ovre $5000 worth in Feb and March combined, and now $100 in April with a NPB on a sale on Afternic and another couple worthless unbased offers on Poker.in. I was hoping to sell $1000+ this month...yea right!

Would ya be interested in PokerPro.in ?
If so I'm easy make me an offer..........

 

[equity78]

Congrats Mike that is fast and JLP internet wow never heard of one that fast. I have gotten the strung out no pay lately MIKE last few, $700 no pay and he agreed to counter another $1000 where I agreed to the $1000. Glad to hear you guys making sales.

 

[Grrilla]

Thx equity.
I've been on a small roll as far as smooth transactions are concerned. Although the Sedo one came together on it's own, I put alot of work into two other transactions that I had this week because, although, the buyers have domains, their experience w/ transfers, payment procedures, (ie escrow.com) was limited so it was necessary on my part to stay close to the process and make myself available to assist my customers when they needed some procedural info or when a problem came up. (It didn't help when, after I had layed out the step by step procedures, I flubbed and neglected to unlock one of the domains which is, always, a nice little monkey wrench to throw into the works when you're half way into the process.)
In both of these transactions I strongly suggested, more than once, that we push the domains, rather than, transfer them between registrars- I even linked them to a thread here to help encourage a push, but they were more compfortable w/ their existing registrar, (not one of my favs, BTW). However, I understand their position- this was a P2P transaction w/o a broker and we had never transacted before, they didn't know anything about me or my reputation and they felt safer staying in their comfort zone. If we have another transaction, I'm fairly certain that they will go the push route. When they got stuck on atypical procedural problem peculiar to inter-registrar transfers, I gave them a couple of gentle, "I told you so", nudges. :hehe:

I just received payment from Sedo. Total time between the time I received the offer and my Paypal acct was credited- 38 hours.
KUDOS to the buyer for his quick payment and to Tom Fell and the Sedo staff for their attentiveness and the major role they had in moving the transaction along so quickly and smoothly. :kickass:

 

[binaryman]

Well maybe someone here can tell me from experience how long it takes from the time the buyer has paid the money to Sedo's account to the time the seller gets the money. In my case Sedo reported to me that they had received the money from the buyer on the 28/4 It is now 1 week later and I have heard nothing more. I have received no instructions about transferring the domain or anything. Anyone here have any info or experience with this?
Here are the details so far

Transaction History:
04/13/06 Agreement reached
04/19/06 The buyer of the domain has yet to confirm his personal details and contract type. Every effort is being made to contact the buyer in order to get him to complete this information. Once this has been done, the transfer can proceed to the next stage.
04/24/06 We have invoiced the buyer for the sale of your domain. As soon as the payment reaches our escrow account we will inform you and begin the technical transfer.
04/28/06 We have received full payment for this domain. Please await further instructions from your transfer agent. It is often the case that we have to wait for certain details from the buyer so please be patient during this period.

 

[Grrilla]

04/28/06 We have received full payment for this domain. Please await further instructions from your transfer agent. It is often the case that we have to wait for certain details from the buyer so please be patient during this period.

I haven't run into that one yet. It is possible that, although, the payment has been received, the buyer has failed to provide Sedo w/ registrar or transfer details. I would contact them via email. If you have had previous transactions w/ Sedo and have an email from the person who normally handles your transfers, I'd contact the transfer agent directly.Please keep us posted.

 

[Jo]

Thanks Kerrijo and greetings. I hope your 1st sale is right around the corner for you. There are some members around here who have sold within a month of their first registration. As for my own experience, I'm a slow learner so discounting the small $10 sale that I would get here and there, it took well over a year before I had my 1st substantial sale and substantial meant $100. at the time. My best advice to anyone new is to spend as much time as possible getting a grasp of the fundamentals. The work and exposure to the marketplace will increase the level of understanding and the sales will evolve from that. It seems that a good number of the people who focus totally on selling or ppc income right out of the gate are quick to lose patience, become upset when reality doesn't measure up to their expectations and they burn out as the initial glow fades and the reality of how difficult this business really is, sets in. My best wishes for you. May you to be one of the successful ones!

Thanks for the good wishes and warm welcome! I am sorry I missed your reply before, and I am glad this thread got bumped!

Just to let you know and keep my post on topic :hehe: I received an offer on sedo for a domain last saturday which I accepted. I have not heard anything since so I am thinking it was bogus.

However, the offer or name has been looked at 8 times since May 1st. One of those was me (I clicked on the name in my listing to see if it said anything.)

Does that mean the buyer is looking at the domain/offer? I just don't understand how it can have views when it is not currently listed for sale. Thanks for any help,

congrats on everyones sales!

Kerri

 

[harpo]

There was a time when i believed in percentages and numbers

 

[Grrilla]

There was a time when i believed in percentages and numbers

:lol: When was that harpo?

 

[harpo]

''to every thing turn turn turn
there is a season turn turn turn
i time to be born a time to die
a time to sow a time reep
a time to every purpose under heaven''

 

[Grrilla]

"a time for some bummers
a time to crunch numbers
a time to make money
some time for your honey"

and...

 

[Malaysia]

another wiki sale... great to hear that...

 

[Jo]

However, the offer or name has been looked at 8 times since May 1st. One of those was me (I clicked on the name in my listing to see if it said anything.)

Does that mean the buyer is looking at the domain/offer? I just don't understand how it can have views when it is not currently listed for sale. Thanks for any help,

anyone?

 

[Grrilla]

anyone?

Visits can come from several sources and it's difficult to pinpoint where the traffic is coming from when the domain is on a parked page, particularly, if there isn't a traffic history that would allow comparisons can be made w/ other months. And even w/ a domain that has a track record you can only, at best, make a projection of where the traffic might be coning from.

For instance, when a good-premium domain nears expiration, there will usually be a spike in traffic and it can, safely, be assumed that the visits are coming from other domainers who are following it as a potential drop. There have also been traffic spikes before and after a name receives an offer. But it is necessary to have traffic results for, at least, 3-6 mos before ythere is enough info to make a read and ,even than, you can only make an educated guess about where the traffic is coming from.

 

[Jo]

Visits can come from several sources and it's difficult to pinpoint where the traffic is coming from when the domain is on a parked page, particularly, if there isn't a traffic history that would allow comparisons can be made w/ other months. And even w/ a domain that has a track record you can only, at best, make a projection of where the traffic might be coning from.

For instance, when a good-premium domain nears expiration, there will usually be a spike in traffic and it can, safely, be assumed that the visits are coming from other domainers who are following it as a potential drop. There have also been traffic spikes before and after a name receives an offer. But it is necessary to have a traffic history of, at least 3-6 mos before you have enough info to make a read from and even than, you are only making an educated guess about the source of the traffic.

Ok thanks but I thought since it says "NOT FOR SALE" that my listing is NOT listed at this time (to give the buyer a fair chance?.) That's why I was asking.

I realize it is impossible to figure out where traffic is coming from on listed domains unless they expired etc.

 

[Grrilla]

Ok thanks but I thought since it says "NOT FOR SALE" that my listing is NOT listed at this time (to give the buyer a fair chance?.) That's why I was asking.

I realize it is impossible to figure out where traffic is coming from on listed domains unless they expired etc.

Ahh! If it's listed, it is listed and viewable whether it is designated as "Not For Sale", "Make an Offer", or set at a "Fixed Price". I think that is what you were trying to get at, right?