Sedo is one of the worst marketplace

[Bname.com]

Sedo is one of the worst marketplace，If you plan to participate in Sedo's auction, you must pay special attention,If the seller is not satisfied with the auction price, Sedo will help the seller cancel the transaction.
I don't understand. Since the seller wants so much for the price of the domain name, why should the reservation price be set at $99???

 

[Lord Antares]

Any updates on this? I've never heard of a site cancelling a user's auction because the price was too low.