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I'm one of those who has decided to ignore the £100 bids. The bidder knows that after commission the seller gets £30. In the past I used to go back with a counter bid but it's a timeconsuming and pointless exercise.
I don't want to put up min prices for our domains as a potential bidder may believe that the min bid is close to the asking price and the domains value may change over time i.e. it becomes a major search term.
I've asked sedo in the past to allow us to cancel a bid immediately i.e. "your bid is unacceptable" but they still want us to counterbid even when the offer is derisory. I do have an alternative and that is for an owner to be able to put up a min bid level across the whole portfolio. i.e. "the owner of this domain has a min bid level across his/her whole portfolio of domains at sedo of £500".
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