Setting your price on SEDO

[namethreads.com]

How do you decide your offer price on Sedo?

I have a variety of .info and .net 3-letter domains.

 

[Keynes]

You can manually input your min offer and/or asking price in the domain management section once you log in. If you're not in a hurry to sell, I would recommend setting a min but not establishing a firm price quite yet.

 

[namethreads.com]

Rocketfly,

I know how to use the user interface. I mean, what price should I set there?

 

[IAmAllanShore]

What price should you set?
You do see that this varies greatly depending on what the domain is....
So I could say $60 so folks could get steals on any domains that are worth more than that, or $9,999 and you'll never get a sale unless the domains are like info.info ... Without knowing the names, you won't get a targetted response, :imho:
-Allan

 

[stscac]

I would set it to "Make Offer" unless you are setting a fair price because you want the domain to sell soon. I think that leaving it open lets the potential buyer offer more than you are internally asking for it.

This way, you stand to make more of a profit, but can fall back on a lower price if you are in need of some quick cash.

As for a "letting-go" price, that is compltely between you and the domain

-Steve

 

[AHA7]

I would set it to "Make Offer" unless you are setting a fair price because you want the domain to sell soon. I think that leaving it open lets the potential buyer offer more than you are internally asking for it.

This way, you stand to make more of a profit, but can fall back on a lower price if you are in need of some quick cash.

-Steve

Agreed!
Most of my domains, especially the ones that have potential are set to "Make Offer" on sedo. You don't know how much interested end-users are willing to pay for your domain, so I'd set it to "Make Offer" or specify a fair asking price if I'm looking for a quick sale :imho:

 

[gazzip]

You need to decide what you are willing to sell them for first - If you set it to make offer and someone offers you, say $200 - You will have to either accept or reply with a counter-offer price (the counter-offer price you set will be binding)

Unfortunately you cannot just turn down the offer without countering with your desired price.

 

[Epic]

"Make Offer" often discourages potential buyer, a lot of times they don't have a clue on how much to bid

 

[stscac]

"Make Offer" often discourages potential buyer, a lot of times they don't have a clue on how much to bid

Which can sometimes be a good thing. If you've got someone who really wants one of your domains, expect that the money be there to back them up. Test them, see how much they are willing to spend. I think, or at least when I make an offer on Sedo, I do offer the max amount I am willing to pay for a domain. I think I offer around 70% and am willing to counter back and forth until I reach my max buying price. More "power" buyers offer around 40-60% of the total price that they are willing to pay for the domain, depending on how much they want it.

There's a trick though. On sedo, you do no know who you are dealing with, because transactions are kept quiet, and private until a transaction price has been agreed upon.

-Steve