Sedo Sucks and Works like a SCAMMER - Doesn't accept PayPal payment from honest member

[HcDomains]

There have too many complains for Sedo's on all main domain Forums, and what happened today for me just helps me to make the decison to leave Sedo forever.

I won a Sedo auction a day before yesterday at $405. I was happy for winning my favor domain at reasonable price so was going to send payment immediate right after the auction closed.

To my suprise, there has no Paypal payment link on the transfer documents. Wire transfer is the only option there. However I never use wire traansfer for any deal under $500 because of 1) It waste my time to go to bank 2). About $30 service fee will be charged by my local bank for a $500 wire transfer wihch just add the cost.

I heard times that members complains they can not send payment to Sedo through Paypal even Sedo put a beautiful Paypal Logo on its homepage to teel us Paypal is a convinient payment way. But I never think this would happen for me in one day. I have my account with Sedo for more than 4 years. I have sold 76 domains on Sedo and bough 8 domains there (At a toal value of $40K+ ), and I have paid 7 domains I bought there through Paypal without any problem (The 8th is by wire transfer because is a $4k domain so Paypal is not good choice).

And without any notice in advance, Sedo suddenly don't accept Paypal payment for lowball deals. That looks very unreasoable.

I wrote to Sedo and here is the communication:

It is enough to work with this Sh*t company. I will focus my time on promoting on other marketplaces from now on and don't waste my time iwth a SUCK SCAMMER

 

[-db-]

"Security concerns surrounding the seller mean that we cannot accept PayPal paymet."

At least they've indicated you were not the problem.

 

[owntype]

Sorry to hear it.

I won a domain name for $2xx yesterday, paid immediately via paypal and received the domain in 1 hour.
You may contact the rep who managing your deal or simply send paypal to SEDO's paypal account with transaction # in title. I tried this before when they told me they only accept GBP for my payment. I send USD directly and there's no further issue.

Keep us updated and good luck!

 

[HcDomains]

Thanks -db- and owntype.

Sedo's reply is very vague on this and nobody knows what is the truth. We know that Sedo's rep never really answer questions

semillar as -db- pointed out, another member on DNF also sais the same

Sedo said they were woriied about the seller, not you. Maybe they suspect the name was stolen?

IF that's what they really worried about, what is the difference for me to send payment by Paypal or wire transfer?

The diffence and answer is: Sedo knows clearly that the domains has problem but they still want to go on for the deal and earn commission for this. Then I can not make charge back in the future in case of I have trouble because of the domain?

If that is the truth, it confirms that SEDO is a SCAMMER also !!!

 

[mwzd]

If the domain has problems, why do you want to buy it?

I think your communication to sedo leaves a lot to be desired in a business sense.

I also think that if you're even contemplating a chargeback, Sedo is well within its rights to ask for a wire transfer, if they're liable for the funds, why wouldn't they protect themselves?

 

[labrocca]

So they want a more secure payment from you? OMG how terrible of them.

That's definitely just like a scam.

 

[JoshuaPz]

Based on your communication with your rep, NameLinker, I can see why Sedo has raised their minimum to $50. I'm not even sure I'd want to be in Daniel's position for $500, unless at least $400 of that were channeled into getting you lessons in business etiquette.

But I digress.

 

[has2hands]

Your last response to the Sedo agent had me laughing out loud...thanks

Paul

 

[nomak]

You said that you paid with Paypal for 7 domains you bought from Sedo. There was obviously something suspicious about this deal since they asked for wire payment and I can't blame them. Anyway, the way you talked to Daniel was horrible, and I don't think that speaking like that can get you anywhere, IMO.
Good luck with the transfer.

 

[Ronald Regging]

Based on your communication with your rep, NameLinker, I can see why Sedo has raised their minimum to $50. I'm not even sure I'd want to be in Daniel's position for $500, unless at least $400 of that were channeled into getting you lessons in business etiquette.

But I digress.

"what a sh!^ you are taking about!" Are you kidding me Joshua? Very few jobs provide free entertainment such as that. I think I want to work at Sedo now.

 

[Tippy]

Well, if Sedo is worried about the seller why are they allowing them to remain members... that doesnt make sense to me, just ban/delete them, are they that hard up for $...

I'd be ticked as well if they offered payment via PayPal and after buying a name told me I'd have to use another method of payment but in the end if I wanted the name I'd oblige but not happily perhaps.

Ive laid into the Sedo reps a few times but never that hard.

 

[labrocca]

lol..I didn't even bother to read his communication with Daniel in my first response. Hilarious. It's his first time being rude to someone but he did a great job ehh.

Something obviously triggered Sedo to require a more secure payment. I don't think they were wrong for doing so.

 

[HcDomains]

If the domain has problems, why do you want to buy it?

I think your communication to sedo leaves a lot to be desired in a business sense.

I also think that if you're even contemplating a chargeback, Sedo is well within its rights to ask for a wire transfer, if they're liable for the funds, why wouldn't they protect themselves?

Dod you read the post carefully?? My friend?

I won the domain through Sedo Auction, How can I know it is a Domain with Problem??

If SEDO thinks that domain have problem, why they still let that auction be cntinued, and try to take payment from me in a secure way them push a problem domain to me??

 

[mwzd]

The diffence and answer is: Sedo knows clearly that the domains has problem but they still want to go on for the deal and earn commission for this. Then I can not make charge back in the future in case of I have trouble because of the domain?

I won the domain through Sedo Auction, How can I know it is a Domain with Problem??

If SEDO thinks that domain have problem, why they still let that auction be cntinued, and try to take payment from me in a secure way them push a problem domain to me??[/B]

I'm just going by what you said above, not making any suppositions.

You also did say that "I can not make charge back in the future in case of I have trouble because of the domain?" - which leads me to think that maybe Sedo is right in asking for a wire transfer.

In any case NameLinker, I've been doing business for over two decades, if a client ever spoke / communicated w/ me the way you did w/ sedo, I'd drop him like a hot brick, I have done it in the past w/ people for WAY less.

 

[Michael]

I don't see what security concerns with the seller has to do with how they accept funds from the buyer. Are they worried about the domain being stolen, and the OP being able to do a chargeback when the domain gets returned to the real owner? I can't think of any other scenario that would make sense.

If they have a good reason to be worried, they should be protecting the integrity of the marketplace by not allowing the sale to go through, not just making sure the honest customer loses money instead of Sedo. That'll lose them buyers pretty quickly.

I think if you had carried yourself in a more professional manner you might have gotten your way though. You took out your frustration on a rep that did not make the policy, and could be risking his job if he doesn't enforce it. Why should he do that because you don't feel like taking the time to go to the bank? I know it sucks, but abusing the rep doesn't solve anything.

 

[equity78]

Michael you are 100% correct.

And for anyone championing SEDO here is just totally nuts.

Sedo is basically saying:

Hello upstanding member, we need you to pay by wire, because we think there is a chance down the road you are going to be screwed by the seller, and we want to make sure you have no way to get your money back.

 

[maxeaus]

I don't see what security concerns with the seller has to do with how they accept funds from the buyer. Are they worried about the domain being stolen, and the OP being able to do a chargeback when the domain gets returned to the real owner? I can't think of any other scenario that would make sense.

If they have a good reason to be worried, they should be protecting the integrity of the marketplace by not allowing the sale to go through, not just making sure the honest customer loses money instead of Sedo. That'll lose them buyers pretty quickly.

I think if you had carried yourself in a more professional manner you might have gotten your way though. You took out your frustration on a rep that did not make the policy, and could be risking his job if he doesn't enforce it. Why should he do that because you don't feel like taking the time to go to the bank? I know it sucks, but abusing the rep doesn't solve anything.

This is the situation as i understand it (as suggested above), it is not a reflection on namelinker IMO, but Julian, you must keep a cool head in these situations, getting (that) angry never gets you anywhere, i hope you can smooth things over, and i would suggest an apology to Daniel is in order.

The seller of the domain OOJJ.com on SEDO is none other than former NP member "miller", who was banned at least twice for multi accounting, and once for shill bidding. He has also been involved in selling stolen domains over at DNF, which he bought himself at digital point forum.

The seller is quite frankly a high risk amateur, and it's my take on the whole deal that SEDO will not risk a charge back by Julian if later it is found out OOJJ.com is stolen. I'm not saying this in itself is anyway fair or just, but that is the policy at SEDO it appears, in regards to this case.

 

[equity78]

Good info Maxeaus, the policy should be, We cannot allow this name to transact on our marketplace as we have many doubts about the validity of ownership. Auction cancelled. Name removed from SEDO. Sedo is acting like a fence that wants to be paid in unmarked bills. They know the merchandise is not legit, but will take the commission.

 

[HcDomains]

Thanks for all comments / suggestions

- I am not going to apology to any Sedo staff for this since be cool and be nicely to Sedo never resolve issues.
Just search the Forum and it is so easy to find there are many ladies and gentlmen have kinds of trouble with their Sedo account and tried to resolve it nicely and professionally without any result. Myself also have onetime expirence to talk to Sedo very nicely and get nothing but a reply just likely make by bot.

So no use to repeat what we failed in the past. If Sedo is the company "Knows that the deal may have trouble in the future but still want to earn the commision so go forward for transaction, and only do what they need to make sure Sedo is safety no matter what will happend for the buyer in the future", It means that Sedo is help the seller to SCAM me and Sedo is Co-Scammer in this case. I don't want to evaluate more options but F*ck it and stop using it.

 

[Ms Domainer]

Thanks -db- and owntype.

Sedo's reply is very vague on this and nobody knows what is the truth. We know that Sedo's rep never really answer questions

semillar as -db- pointed out, another member on DNF also sais the same

Sedo said they were woriied about the seller, not you. Maybe they suspect the name was stolen?

IF that's what they really worried about, what is the difference for me to send payment by Paypal or wire transfer?

The diffence and answer is: Sedo knows clearly that the domains has problem but they still want to go on for the deal and earn commission for this. Then I can not make charge back in the future in case of I have trouble because of the domain?

If that is the truth, it confirms that SEDO is a SCAMMER also !!!

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Maybe the domain was stolen/hacked, and Sedo just found out about it.

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