SEDO Brokers!

[TOXX]

:hi:

I'm in "talks" regarding several of my names with a Sedo broker.
...
Does anyone have any experience with these guys (maybe even sales)?
...
Any input would be greatly appreciated.

Thanks!

 

[Broker]

Yes I do. From my talks they will not allow you to put a domain into auction that has no bids. If they do push one into auction with no bids, i'm told you can not set a reserve. A minimum bid of $60 set and if leads to a $60 dollar sale on a dot mobi name, minus sedo's $50.00 cut, the seller is out $20.00 I'm told they are forwarding this info to the proper people in sedo to see about either allowing a set reserve price or charging a small fee for auction push and allowing a reserve. Even in that same cituation with a dot com name leaves the seller with only a couple dollar profit from a reg fee name. Not worth it right now to put a name on auction without a starting bid.

Yet, I see names on auction with no bids and a set reserve price. whether or not thats the $60 minimum bid or not I dont know.

 

[Brad|E]

Are you in talks to send names to auction or contacted by the brokers on behalf of a buyer?

 

[TOXX]

Are you in talks to send names to auction or contacted by the brokers on behalf of a buyer?

Actually, now BOTH!

 

[scandiman]

A Sedo broker can send a name to auction with an agreed upon reserve. Also, they can opt for 7 or 14 day intervals. My experience is they do not follow their own rules regarding submissions and you must monitor your auctions as they have removed reserve pricing from my domains mid auction.

 

[Brad|E]

Sedo brokers will work with you regarding reserves pending, of course, the quality of your names. Even if they propose a no-reserve stipulation negotiating is worth the effort, especially on high fee registrations (e.g. .mobi) since a potential closing cost of $60 minus their minimum commission is a net loss for the seller.

Good luck.

(Sorry for repeating parts of Scandiman's assessment. I was typing as he posted. )