Sedo Spanish Domain Auction Coming Up

[- me -]

Hey,

Got an email from Sedo promoting their Spanish domain auction.

No .ORGs, or .TVs may apply.


It reads in part,
"....Don't miss out on the chance to list your domain for sale! You should apply to this auction if your domain meets the following criteria:


The domain is a generic term
The domain is a Spanish word .com, .net, .es .com.ar or .com.mx
Your reserve price expectations comply with current market trends...."

 

[blaknite]

Your reserve price expectations comply with current market trends...."

Just curious if someone can elaborate on this for me?

I've never sold or even attempted to sell a domain on sedo, let alone an auction. I am setting on what I believe to be a valuable .com.mx name and I'm thinking of submitting it but I don't really know how the whole sedo auction reserve price thing works. I don't want to screw it up and end up under contract to sell an $XX,XXX name for $XXX. Its a spanish dictionary term. The english plural of the same word sold for $1 Million last year.

What exactly are the current market trends and what kind of reserve price expectation can I set in this situation?

 

[Phio]

I wonder if they will allow Spanish IDNs in the auction...anyone know?