Sedo...24 days later, no money yet...

[italiandragon]

Bloody hell.....not only PayPal froze my accounts.....but Sedo is taking ages to get this payment for $330......look at this:



3 August : OZUD.com auction at SEDO ends at $330


5 Aug : Sedo rep. Ara writes me....

Dear Mr. Cesarei,

Both parties have now confirmed their contact details and the sale of ozud.com can now proceed. A payment request has been placed in the buyer's user account and an email has been sent asking them to make payment for this domain as soon as possible. We ask buyers to make payment within 10 working days.

Should the buyer not make payment within the first 7 working days they will receive an automatic email reminder and your transfer agent will make every attempt, both via email and telephone, to contact the buyer in order to determine when payment will be made. You will be contacted once your transfer agent has received confirmation that the payment has been received and processed.

Please rest assured that every effort is being made to ensure that the buyer makes payment promptly, and we shall contact you when there are further developments to report.

This is an automatically generated notification. Please do not reply to this email.

Best regards,

Ara Zusky
Domain-Transfers
--
Sedo GmbH :: Im Mediapark 6 ::50670 Cologne (Germany)
tel +49 221.34030.170 :: fax +49 221.34030.109
http://www.sedo.com :: mailto: [email protected]



12 August: I write her back...

Hello Ara,

I`m wondering if there is any progress on this transaction as I need some money to purchase another domain.

Could you please push a little bit the buyer to harry up with the payment?

Thank you in advance

Best regards,


14 August: she replies...


Hello Lorenzo,



Please be informed that we have contacted the buyer in regards to the outstanding escrow payment that is needed in order to proceed with the transfer. You will be contacted immediately upon receipt of more information.



Thank you for your continued patience.



Best regards,



Ara Zusky

Key Accounts Manager / Transfer Consultant

Sedo.com :: 161 First St :: Cambridge, MA 02142

tel 617-499-7227 :: fax 617-499-7202



Few minutes ago: I`m pissed off...about PayPal so I need to argue with someone hell !! :yell: :hehe:


Dear Ara,

thank you for your reply, I`m sure you and the other staff at Sedo are wellaware of the general compleining status that many sellers have towards these delays that Sedo faces too often comparated to other Brokers like Afternic/Buyomains.com

I understand that sometimes these buyers are not so fast but many people are spreading rumours that Sedo is understaffed.

There also should be some more rigid rules where both buyers and sellers should meet and waiting more than 2 weeks for a $330 payment is simply unacceptable.

I have been a very active member of many online communities specialised in domain names such as NamePros.com and I know what I`m talking about.

I also understand that you are not the SEDO director but maybe it`s good to forward to him some of our complains and not only to read all the good news about the millions of names Sedo has for sale.

Thank you

Best regards,

Lorenzo Cesarei

 

[sirengirl]

Oh...I also wanted to add it can also depend on the registrar. If your name is with 1&1 and it is being pushed to a Godaddy account, thats an extra 5-7 days.
Are you in the States and the buyer is in France...thats can add 2-4 weeks becuase of the wire transfer and currency. Did you forget to unlock your name...another 3 days. It's not just Sedo BTW its the escrow process. I'm just happy to have a sale, and happier still when I receive the monies.

 

[italiandragon]

Oh...I also wanted to add it can also depend on the registrar. If your name is with 1&1 and it is being pushed to a Godaddy account, thats an extra 5-7 days.
Are you in the States and the buyer is in France...thats can add 2-4 weeks becuase of the wire transfer and currency. Did you forget to unlock your name...another 3 days. It's not just Sedo BTW its the escrow process. I'm just happy to have a sale, and happier still when I receive the monies.

that`s not true.

It took me less than 24 hours for me to reply and push the name to the Sedo account .

They paid me by PayPal so there would be no delay.

1&1 ? I`m surprised people don`t sue them!

 

[Sam]

It`s not about the amount of money that matter but it`s not acceptable that we have to wait more than a month to complete a sale, that`s my opinion anyway, if you`re happy with that , then good for you.

I meant that , while for a pronunciable LLLL.com you get many buyers these days, it is not that easy to sell a domain like www.bo , despite you managed to sell it fr more money.




thank you......eh you`re right, some people must be millionaires but I`m not and have to pay bills every week.

It is very easy to sell any www.** for mid $XXXX. VERY EASY.

 

[sirengirl]

that`s not true.

It took me less than 24 hours for me to reply and push the name to the Sedo account .

They paid me by PayPal so there would be no delay.

1&1 ? I`m surprised people don`t sue them!

What's not true? I try to post helpful information and all the variables as to why there can be a delay and you continue to be antagonistic. It's a process, there are possible reasons for a delay. I know it's frustrating, but yes...sometimes it takes several weeks or even longer.

Porta pazienza

 

[Domagon]

...Are you in the States and the buyer is in France...thats can add 2-4 weeks becuase of the wire transfer and currency...

Wire transfers don't take more than 1 or 2 business days to most countries.

Intermediary banks do slow wires down, but not that much.

Bottom line is, for inexplicable reasons, Sedo often just takes their time when it comes to payments, which is unacceptable...

Another reason many buyers / sellers avoid Sedo to start with, or finish their deal outside of Sedo, since they don't penalize parties that do so beyond perhaps suspending their account, maybe.

Ron