tips My opinion about selling on Auction at Sedo: 59$ per domain + 15%

[BelgianGuru]

Hi,
just think it is important to discuss what Sedo offer to buyers on their latest auctions

so if you want to sell a good domain fast on auction, you have to pay 59$,
and if you sell the domain they collect 15% on top of that(with a minimum fee of 60$)

let put some numbers:
suppose your domain sell for
0$ | you lose 59$ | sedo pocket 59$
200$(min fee apply=60$) | your profit = 80$ | sedo% = 60%
500$ | your profit = 375$ | sedo% = 25%
1000$ | your profit = 800$ | sedo% = 20%
1500$ | your profit = 1225$ | sedo% = 18.34%

it will make sense if they had like a 19$ or even 10$ per domains, they will likely have much more domains on auctions, and still collect the 15%.

i would have gladly paid 200$ to put 20 domains on auctions, but not 1200$

my conclusion: this option is a good one if you have a domain that you want to sell fast and are sure it will sell for 1000$+ by leveraging their market reach

my 2 cents, what's your take on this

ps: i will put a domain on this auction plattform, and will provide more details on the process; and will keep you updated on the results

 

[Joseph Green]

I agree with you; it's not worth the money.

If I were you, I'd sell my domains on NamePros and keep all the profit for myself.

 

[BelgianGuru]

I agree with you; it's not worth the money.

If I were you, I'd sell my domains on NamePros and keep all the profit for myself.

depend on the domain, for some you can sell it at a higher price on Sedo,
you need to know each marketplace trends before deciding

 

[NameFit]

I may be wrong, but I do not think buyers at NamePros are willing to fork over couple of hundred dollars for the best of your lot.

 

[Joseph Green]

@NameFit

If that's true, then the entire "lot" probably shouldn't be renewed. A couple hundred dollars is nothing for a decent domain name.

I buy at least one short, common, single word .com domain for $10,000 to $30,000 every month. If your names aren't selling for $XXX, then stop renewing them. Use the money that you save on renewals to buy a valuable domain name.

 

[J9]

IMO Flippa is better marketplace for domain auctions....

 

[S-B]

Stop auctioning and start selling direct.

 

[BelgianGuru]

Stop auctioning and start selling direct.

you can auction 100 domains while doing other business,
selling direct require skills that most occasional domainers don't have

 

[NameFit]

Selling direct - either you reaching out or buyer reaching to you... is a different ballgame but has its own rewards (Multiple of 5-10 at least)

 

[S-B]

Both are ballgames.

One just involves minor league money.

 

[doubleU]

If SEDO reduce direct auction fees to $10, there would be inundated with crap domains that have little chance selling and their marketplace would suffer from a bad reputation.

 

[BelgianGuru]

If SEDO reduce direct auction fees to $10, there would be inundated with crap domains that have little chance selling and their marketplace would suffer from a bad reputation.

people pay 59$ for very bad domains, just browse their actual list
their auction run for 7 days

if they put it at 10$, educated domainers will publish more of quality domains on these marketplace

 

[S-B]

people pay 59$ for very bad domains, just browse their actual list
their auction run for 7 days

if they put it at 10$, educated domainers will publish more of quality domains on these marketplace

Yeah... Flippa's been a model of quality with $9 pricing.

 

[doubleU]

people pay 59$ for very bad domains, just browse their actual list
their auction run for 7 days

if they put it at 10$, educated domainers will publish more of quality domains on these marketplace

Not necessarily so, a lot of domain owners would not like to have quality domains listed beside a heap of garbage.