Sedo - Most useless platform?

[william]

I believe Sedo is the most useless platform of all.

Some of you may disagree and feel free to share your experience below, but from my experience, Sedo has been utterly useless. It has long relied on its well-established brand and the luxury of being one of the first players in the game. Since then, it has done nothing to improve user or buyer experience. They have not found ways to innovate their platform, attract new buyers, and have solely relied on type-in traffic.

In over 10 years of using Sedo, I can count all the offers and sales on one hand. Most of the arguments for Sedo are "they are popular with oversea buyers". Sedo may sell more names to european buyers because they allow extensions such as .de, and have translated versions of the site for buyers for other countries. That's about it. But Sedo has (insert number of partners)! Does that result in many sales for an average seller? Nope.

Sedo currently charges 10% commission for parked domains, 15% for marketplace listings, and 20% for MLS sales. For that comission, they do absolutely nothing.

What I can give them credit for, is for negotiations of inbound offers. But when you get one offer per 5 years, does that really benefit us? Are other marketplaces worse at negotiations? I don't think so.

You may say, well who cares, it's an additional marketplace to list your names on. So why not? Because even their submission process is a headache. Each name has to be manually verified through forwarding or txt record. It doesn't work all the time and takes way too long.

But that's my personal experience. For those of you who park their names at Sedo, why? How has your experience been?

 

[DNabc]

Unfortunately big companies don't seem to care when we lose deals or not. They move on 5 mins later while we have to deal with the consequences.

 

[Igor Gabrielan]

Unfortunately big companies don't seem to care when we lose deals or not. They move on 5 mins later while we have to deal with the consequences.

That's why I left for a small company.
You can see where the last two .ai name sales were on NameBio.

 

[DNabc]

I noticed, and I try the same but some buyers won't even budge... and I've lost a few sales that way. They put on their mind they only want to use company x but don't want to help pay the heavy cost.

 

[Igor Gabrielan]

It's also funny that Sedo does not work with the state of Texas. The Texans offered me $35k for worlds.ai , but in the end, they didn't buy it. Probably Sedo is afraid that hot Texans will shoot them for a bad job. And this has a certain meaning.

 

[DNabc]

That is interesting and funny xD

 

[DNabc]

I have had cases like that too, where buyer pays and doesn't initiate transfer 1-2 weeks later.
I also have had cases where brokers didn't even reply to good initial offers, obviously didn't tell me about it until I got that info from the buyer or somewhere else, and the number of times they don't follow-up on negotiations is absurd.

 

[biggie]

I also have had cases where brokers didn't even reply to good initial offers, obviously didn't tell me about it until I got that info from the buyer or somewhere else, and the number of times they don't follow-up on negotiations is absurd.

Hi
what platform did this occur?
how did you know there was an offer, did you receive email or notice on the platform?
why did offer go to broker and not you?

imo..

 

[BrandEntrance.com]

they get low sales nowadays ..
they should reduce the fees to 8% to compete dan.com ..
our landing pages goes to dan.com today regards the low fees ..

compete with GoDaddy

 

[DNabc]

Hi
what platform did this occur?
how did you know there was an offer, did you receive email or notice on the platform?
why did offer go to broker and not you?

imo..

Uniregistry, lead came from Godaddy, they said they would investigate why I got no notification of offer around mid $n,nnn (no explanation several weeks later).
Also, do you know that Godaddy's plan has been to remove the self-service brokerage system Uniregistry has and was the reason why I went there and listed thousands of domains in the first place? This was confirmed.

 

[Sacoplc]

When I started in 2017 SEDO was very strange to me,after some years I closed a German word for 1498 euros and $5000 auction and many in 2k range..

Now my best platform is SEDO ..I spent quality time in sedo than any other market place


I spent xxx to xxxx in buying domains for listing at sedo..

Many are having problem listing at SEDO.

The secret is this ...before You list your domains at SEDO market..first remove the whois privacy on your domains ..
Then after listing you apply the privacy on your domain.. if there is any need.

I have never sold any hand registered on sedo except one enquiry I got one day in .de extension..

No sales in .de yet..

Ask me your question..

Best

 

[Sacoplc]

Recently..I saw a domain I like very much after few days sold..

Firstproperties.com listed at $500 buy now ..after two days the domain was sold ..I missed the deal..

 

[Andreas B.]

So, @Sedo listened to our criticism here ; )

which is great, new landers, fresh design, some new inputs.


What I would also advice, is to show the ' <10 ' (when no traffic occurs) in smaller letters.
[compared to when traffic is measured]

Would look better.

Regs

 

[devma]

There is a big issue regarding showcase domain name, when you receive a sale, and the sale is canceled your domain name will no longer active.
You should contact them again and again.

 

[topdom]

Marketplaces/registrars ,..their purpose is not to sell domains of their users. Their purpose is to get leads, and control/abuse them. But after your domain is paid, you will get the money - commission - fees. All major marketplaces are honest in this sense, but the main thing happens behind the scenes and before payment, and this would mean, lowballs, unpaid sales, unsold domains.