SEDO Domain Escrow Fees

[DN_Hunter]

Just a heads up if you plan to use SEDO's Domain Escrow Service.

Someone contacted me via WHOIS info, and we negotiated via emails for several days and finally reached a sale amount.

I wanted to use an Escrow service, and decided on SEDO. Before intiating the Escrow Service, I wanted to make sure that it would only cost 3% of the sale price (btw, we agreed to split the fees).

Looking at the SEDO Price list, it turns out that even if I negotiate the sale via emails (not using the SEDO Offer/Counter Offer process), if the domain is listed on the SEDO Market place, they will still charge 15%. Luckily the domain name I sold was never listed in my account -- otherwise they would have charged 15% of the sale amount.

I wonder if I negotiate outside SEDO, and go to my SEDO Account and delete the name from my listings before initiating the Escrow, would they still do it for 3% (or can they see I just deleted the name prior to initiating the Escrow Service and they will still charge 15%)?

Here is the text from their site:

Please be advised that if you reach an agreement outside of the Sedo marketplace but you want to use the Sedo escrow service to conduct the transfer, and the domain is listed for sale on the Sedo website, the commission fee is still 15%

Regards,
DN

 

[alien51]

I wonder if I negotiate outside SEDO, and go to my SEDO Account and delete the name from my listings before initiating the Escrow, would they still do it for 3% (or can they see I just deleted the name prior to initiating the Escrow Service and they will still charge 15%)?

Is that different from simply changing the status of your domain in your Sedo account as "Not For Sale"? If the status is "Not For Sale", then it is taken off the Marketplace, but the domain is still listed in your Sedo account. Their rule says 15% comm if the domain is listed "For Sale".

 

[DNBro]

in case domain listed and parked with sedo then before sending escrow details make sure to delete domain from sedo and change dns setting to any other one.

 

[DN_Hunter]

Thanks for your replies!

I am wondering if anyone has actually done one of the suggestions before requesting the escrow service (with the 3% fee)

1) Mark the domain as "NOT FOR SALE"
2) Delete the domain from account and change DNS

Does this actually work?

My concern is they keep track of the domain name, and knowing it was just removed as "for sale" on their market place, they try to charge the 15% for the Escrow Service.

TIA,
DN