Offer accepted on Sedo

[cjcjcj]

Scenario:

Made and offer which was accepted on sedo. I understand I am bound to make the purchase.

1. But, how long do I have to make the payment?

2. If I was the one selling the domain, can I cancel the negotiation?

3. What if we both wanted to cancel through mutual consent?

 

[hbalagh]

good questions... i actually had someone make an offer on one of my domains and im still waiting for it to go through good luck

 

[Tippy]

Well, after reading about a sedo sale on another forum, it seems that buyers can back out even after agreeing to buy a name as long as its not the usual practice for the buyer (that came from a sedo rep), thus I would assume the same goes for the seller.

Sedo will provide you with all paper work to go after the buyer but they wont ban them from making more bogus offers, who has time to chase after these dead beats.

Sedo has to crack down on this, whatever happened to the whole binding thing... binding terms, when submitting an offer, it dont seem to apply.

I'm not sure about ? #1 myself.

 

[Chris]

1. But, how long do I have to make the payment?

I found you the answer in their FAQ's section, http://sedo.com/faq/index.php?action=artikel&cat=27&id=246&artlang=en&language=e

Hope that helps!

 

[jamminsport16]

yeah i was wondering this also lol i got 2 domains on sedo =]

 

[Gene]

2. If I was the one selling the domain, can I cancel the negotiation?

Yes. Seller can cancel anytime.

3. What if we both wanted to cancel through mutual consent?

Yes, because seller has the final say.