Suggestions for an Auction feature on Sedo needed

[Damion]

Hi guys,

I am planing to write a letter to Sedo containing a request and suggestions for implementing an Auction option for selling domains.

For the obvious benefits Sedo can provide i would very much like to see and use such an option on Sedo.

I mean wouldn't it be great to have just everything under one roof so to speak?
Therefor i would like everyone that feels the same to speak their minds and post suggestions in this thread regarding what you like or dislike about domain auctions.
If Sedo would implement such an feature what is it what would be positive or negative in your view?

I would highly appreciate it if you could post your views on this matter!

Thank you!

 

[NP41215]

I would hope Sedo will launch it right away if the basic, essential features (like those on eBay) are in place.

Additional refinements can be added later on. I don't think it is desirable to delay the launch because of some special features that could be added.

I am all for extra features, but they should come in future upgrades. The important thing is to get the essential features implemented and then launch ASAP.

Otherwise, on DN Journal Domain Sales reports, BuyDomains and SnapNames will end up taking all the limelights, burying Sedo in the process --- as it is happening now.

Go Sedo!

 

[kev]

this happens quite often with me:

Somebody bids say $1000 and i accept, but i get a sedo rep replying

Dear Mr. Macpherson,

Unfortunately, Sedo must cancel this transaction as the buyer made an unintended
bid for the domain XXXXXXX.com. Depending on the circumstances of the bidding process Sedo may suspend the buyer’s account as a result.

Please accept our sincerest apologies for any inconvenience caused and please do
not hesitate to contact us should you have any further queries.

Does the new buyer certification system prevent this from happening

 

[NP41215]

One solution to transaction cancellation by buyer is to assess a small fee (small, but significant enough to deter) to be paid to seller (or split between Sedo and Seller), even when it is an honest mistake. If it is not an honest mistake, account suspension is probably warranted to discourage such behavior that will lead to chaos.

 

[floatingworld]

how about auctioning off public viewing places for a public hanging of 1+1 your sister company? lots of keen buyers round here for sure.... :sold: