MY SAD STORY WITH SEDO [CASE CLOSED]

[tksfrm]

CASE CLOSED

Yesterday I saw expired domain STOCKSBROKERAGE.COM and I immediately checked on SEDO, if already exists on their market place.
Yes, it was there and it was listed with price of $11,950. I checked on AFTERNIC as well and also there IS (in time of writing this) with exactly the same price.
So I registered it good faith I am registering a good one. And here my story with SEDO company begins:
- I contacted support to remove old owner, because I am a new one now
- I also wrote in this first message, that domain is listed with price of $11,950 and I want the same price!

Answer came from SEDO employee I.A. - Customer Care Specialist. In short, we have a one hour email communication and he refused all the time
to list my domain with prise I asked, because of:
a) As to the pricing, they have a restriction limiting asking prices to less than 10,000 EUR/GBP. This is necessary to maintain the credibility of their site.
b) I can have the domain appraised by SEDO
c) Because of their long history of reasonable and accurate domain appraisals and their position as a worldwide leader in the domain industry,
an appraisal from SEDO is more credible than almost any other

I replied that I took a screen shot of already listed domain - this domain was already listed on SEDO - and already appraised by their team. I do not need another appraisal,
because domain remains the very same and only owner is changed. Needles to say that every my effort was not successful.

I will now wrote here some excerpts from our email discussion by I.A - SEDO Customer Care Specialist - here are some of his answers:

"Where are you saying this valuation is coming from? I don't see this domain in your history, nor do I see any appraisals for it in your account."
"If you could please elaborate on where you got that screen shot, I'd be happy to discuss the matter further."
"I'm not sure why you'd be listing this domain for sale if it was already for sale on our marketplace, with or without that pricing."
"I have no idea where that valuation came from as, as I mentioned in my previous emails, that domain wasn't listed by you in your account, you haven't had it appraised that I can see, and I don't see that you purchased it with us."
"Where, specifically, did you get this screen shot of our site? Also, if it was listed for sale, how did you come to own this domain? If you were the previous owner, what account was this listed on, and when? And why did you remove it only to re-list it?"

Do you see this arrogance, un-politeness, rudeness from SEDO employee I.A. - Customer Care Specialist!?

He forced me into another appraisal - to earn some money, he declined that domain was listed for price of $11,950 on SEDO, he asked me where I got my picture?

So I want to now YOUR opinion on this matter:
a) am I right do demand domain price it was obviously and de-facto listed with SEDO
b) can change of domain ownership cause drop of domain value
c) as I am also very said and angry how I was treated and behaved - I am thinking also on taking legal actions against SEDO - they want to squeeze money for something,
which they should not (at least in my eyes). They should be some standards and this is in my opinion against them. I am small domainer and I have not a lot of money,
but if there is in the world a legal office, they think my rights are refused and it was not a correct behaviour (if not even more!), which could be penalised - I invite them to represent me "pro bono",
or better to say - if they think I am right - they will earn their money on the end of legal court decision

So dear fellow domainers - I invite you to express your own opinion and experience - if a lot of positive feedback - well I will get even more courage to fight with giant, if not, well then I will
self-criticaly shut up and I will take the world opinion

 

[tksfrm]

CASE CLOSED

 

[buyselldoms]

Perhaps the value of the domain has decreased overtime?

Legislation and regulation restraints can be factors for financial domains.

 

[Kate]

No, I just want EXACT listing for $11,950.

In USD dollars!

And why ? And you will sue them over this lol.
My first reaction: who cares.

First of all, sedo doesn't check dropped domains. There are a lot of available domains listed on SEDO. I mean dropped after being listed.

They actually check for domains that have dropped, at least in .com. But it can take a while before you get the notification that they removed one of your listings, because you let the domain drop.
It's clearly hard to keep track of millions of domain names in myriads of different extensions.

 

[tksfrm]

@buyselldoms

- yes, but why was listed for so much
- why would company, who want's to offer an excellent service to buyer's would allow domain is listed for so much - if it is not worth so much
- and remember, we are not speaking about any delay - I registered domain, when still was listed on SEDO for this price

All happened in less then two minutes - and now they asking me for an appraisal.

 

[Atomic Domains]

If it was priced at 11,950 USD... Why didn't you just price it at around 9,000 EUR? You could have just changed your currency for the listing and it would have been basically 12k USD...

 

[The New Guy]

It WAS there in they PUT ME into false behaviour of thinking DOMAIN IS WORTH THAT MUCH.

So Sedo forced you to buy a domain? You wouldn't have registered it otherwise? Then grace delete it and get a refund.

Because they want you to follow their procedures to list the name over $10,000 they are the bad guys?

If they're that bad, why do you still want to do business with them? If you really believe the name is worth that much, why give them thousands of dollars in commissions if they're a bad business? Just go to afternic or godaddy and list it for whatever you like.

The more you post, the less sympathy I have for you.

 

[tksfrm]

You know guys, I am not a professional domainer, just a little hobby with about 300 domains, in real life I sell steel. When I sell steel to another reseller, who will deliver steel to end user - he do not need to go to factory and ask for a new certificate: he will deliver the first one factory delivered for this exact still.

I already asked on top for your opinion to answer me - in percentage perhaps - what do you think - how many of high priced domains on SEDO are listed with a price that really represents the hight value of domain.
Do you think, they exist no privileges?
Do you think - at the current state - is just fine and good for all?
Do you think, it should be some more exact standards set - so the play would be equal for all?

I am just asking you for your honest opinion - nothing more.
Answers please

 

[gilescoley]

Take this as a lesson learnt and move on...you can't sue them for this..

 

[tksfrm]

CASE CLOSED

 

[Kate]

You can put any price tag that you want, this domain will never sell if nobody wants it.

The fact that it was dropped by the previous owner, and that you were able to register it, should make you wonder whether it's got any potential for resale after all.

 

[The New Guy]

You know guys, I am not a professional domainer, just a little hobby with about 300 domains, in real life I sell steel.

You also seem to be selling whine.

You don't know when or how the domain was listed at sedo. It may have been grandfathered in, may have entered via a different venue, etc. The problem is now that you're the new owner it needs to be re-submitted under their current guidelines. That's not their fault - it's just something you need to do. Stop acting like you're being picked on - you're just being asked to follow their rules like everybody else.

Others have given you a workaround for this but instead of following their advice or selling via a different auction platform you continue to whine and waste your time like you're on a holy crusade to tell the world how awful sedo is for making you follow their publicly available rules when you list a domain with them.

 

[tksfrm]

CASE CLOSED

 

[Ted.T]

Stop, just stop this circus, please. Enough is enough! You believe your domain is worth 11950. That's great, list it on other marketplaces and wait for it to sell. Nobody is gonna give you an appraisal here...

 

[tksfrm]

CASE CLOSED

 

[The New Guy]

@The New Guy

And now my question to you New Guy:

If I would be a buyer and not seller - and I would by this domain for $11,950 on SEDO - what do you think - would I buy it overpriced or I would made a best buy for a worth I can truly believe domain is worth!?

Just answer me on this question please!

I think however you want to waste your money is up to you.

However you want to waste your time is up to you.

But nobody here has to agree with you - and you can see that no one is.

All you're doing now is making yourself look bad. If you try to sell a domain on this board and people see how badly you're whining about having to follow sedo's rules, how eager do you think they will be to do business with you? You're in the wrong, you refuse to listen to advice, and you keep acting like the victim when everything that is happening is because of decisions that you and you alone have made.

 

[The New Guy]

You Shelby missed my point - it started with my domain yes, but I opened more wide discussion on true worth of domains listed on SEDO for 1 million or even more.

I do not intend from now to answer on really each post separately, but I would really like to now your opinion - fellow domainsers - how much of percentage of high priced domains is really worth of their high "certification"

Translation: You've made a fool of yourself and now you want to change the subject.

 

[tksfrm]

CASE CLOSED

 

[cdboard]

no answer :D

 

[HeyNow]

Don't forget to give them some more business by continuing to use them even though you've been frustrated and disappointed with them. That'll show 'em!

 

[Miks]

I am pretty sure when you list domain on sedo, even if it's been there before you can type in your asking price!!

For example I picked up dropped UK domain GIES.co.uk - was already listed at SEDO for £600 and had one bid. SEDO automatic valuation suggested it worth £ 2,900.

I contacted SEDO about received bid turned out it was for £ 50 while ago. So I listed domain for sale
for £ 129. Simple as that!

As for certificates and domain value You can have domain valued $ 10, 000 but depends what buyer is willing to pay it can be more or less not based on appraised valuation ! Domain names are not Cars, electronics, etc.


Sounds to me you just making problem where there is none.