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19-10-2006, 09:19 AM
| #11 | |
 | Quote:
WWW I take issue with the definately higher prices and brought to buyers attention. There is no guarantee prices will increase and the volume of domains and number of end user purchasers does not suggest that type of market.. Equally if Sedo allow all and everyone to enter the Auction (which has not been clarified yet nor have they mentioned costings) there could be short term gain for some, for others in the long term it dilutes searches What vizzy suggests adds to me being unconvinced.. decreasing value by the back door?
__________________ [SIZE="2"]Selling: CasinoPlaying Wedding AgencyJobs and: ToLet DomainsDirectory Property Wedding [/SIZE] Last edited by olebean; 19-10-2006 at 09:23 AM. | |
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19-10-2006, 09:25 AM
| #12 |
| | OB How ya doin'.... Didn't say a 'guarantee' of higher close out prices, just the opportunity... Likewise with brought to buyers attention... Anything that can increase possible exposure, in my book, is a good thing... Ref: other stuff... The auction process is clearly explained as far as I can see, on the sedoauctions.com page... Ref viz... That's for him to sort with sedo... With 5million names under management, it maybe a case that the person who replied was un-aware that the name was already under offer at the price quoted... Eitherway - IMO, the reply shows that the current offer is good and should possbly be worth accepting... Ref: 'based on performance' comment from sedo... That said, as mentioned earlier, that's for viz to sort / decide on... As obviously from the 10 bids he's mentioned, their appears to be a lot of interest in the name... Last edited by wwwdomain.name; 19-10-2006 at 09:37 AM. |
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19-10-2006, 10:40 AM
| #13 |
| Sedo Staff | Hi Everyone! The auction system will be a way to raise the sales price of the domain once you have received an offer on the domain which is above your minimum offer. By no means does anyone have to enter the auction system. However, if you've received offers on a domain and wish to enter the domain into an auction, you may. @Predator- If you set a minimum offer and then receive a bid above that, you may enter the domain into the auction system. The bidder would then have to outbid any other potential bidders to buy the domain. You may also choose to negotiate. However, the auction lasts 7 days and is, therefore, legally binding. Here's a tip to follow: Should you take the domain to auction, be sure the price you've negotiated to is a price you would be willing to accept (you will have the chance to negotiate before going to auction). Here's an example: You own a domain which you would value at 2,000 EUR. Someone bids 60 EUR for it. You negotiate up to 1,500 EUR, as you would be OK with selling at that price. You then take it to auction to see if someone may want to place a higher bid on it. No one does, so you are legally bound to sell for 1,500 EUR. What is now possible in that scenario is this: You say to yourself you could part with the domain for 1,500 EUR. You then take the domain to auction and someone would pay you 2,500 EUR for the domain. This causes the first bidder to bid 3,000 for the domain and at the end of the auction, that is what you receive for the domain- double the amount of what you agreed to and 1,000 EUR more than you expected. As for pricing, the commission structure stays the exact same. The only exception to this is for the first domains which are added to the auction, which are hand-picked by our brokers based on how they perceive desire for the domain. For the domains which are picked to be in the auction before the 24th, those domains will pay a 3% commission. After the 24th, if a domain is entered into the auction, the commission will be 10% (minimum commission will also stay the same). Vizzy- Demand for acceptance for the first day of the auction has been extremely high. I don't know what the domain name is, only that many domains have been submitted and our brokers must be very selective about which domains show up the first day. After that, once your domains have received an acceptable bid (i.e. over your minimum offer), you will be able to take the domain to the auction. Of course, if there is no sale, there is no fee, but the auction system works in a way that your minimum offer must be met in order to have the domain in the auction (think of this as a reserve price). This means if you put the domain into auction after having your minimum offer met, if no one else bids above, you are required to sell the domain at that price. Kind regards, Brad brad.tilley@sedo.com |
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19-10-2006, 10:44 AM
| #14 |
| | Brad Exactly how I read it from your sedoauctions.com page... Think it's a superb addition to the whole process, that all parties can profit from... Well done. |
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19-10-2006, 01:52 PM
| #15 |
| Banned Join Date: Apr 2005 Location: Dristor, Bucharest, Romania
Posts: 3,713
  Domain Trader Rating: (100% / 14) | I thought it was a proper auction but you've got to have a bid first... it looks like ebay will still get custom then. Sedo may also wish to add in a little security for buyer, some won't bid if they think it will go to auction, then again if the buyer wants the domain, they may avoid sedo altogether, try and contact owner and allow seller not to be buggered by expensive sedo fees. |
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19-10-2006, 02:14 PM
| #16 | |
| | It is nice to see that Brad has cleared up some of the issues... I am unsure he has cleared the issue as to why Vizzy was asked to reduce the starting bid below what had already been bid... Quote:
I agreed, in some ways agreeing a price with a bidder then reneging on the agreement, in order to take it to a seven day action, for it then to fail and you expect the original purchaser to wait seems somewhat unethical.....
__________________ [SIZE="2"]Selling: CasinoPlaying Wedding AgencyJobs and: ToLet DomainsDirectory Property Wedding [/SIZE] | |
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19-10-2006, 02:47 PM
| #17 | |
| | Quote:
What this demonstrates is how someone's negligent opinion on a name value dictates me to sell it undervalued just to be included for the auction launch or wait & relax until auctions become public. Alas, last $5.5k bid will expire before October 23rd, when, as Sedo said, any name could be pushed for auctioning.. | |
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20-10-2006, 10:37 AM
| #18 |
| Sedo Staff | |
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21-10-2006, 02:22 PM
| #19 |
| | Auctions Hi Brad, thanks for clearing everything up. All good points made by everyone. Must admit very good idea in some ways, but i think buyer misses out a fair bit as he can make a good bid & then thrown open to everyone. Good for seller & sedo. Will put off some initial bids me thinks. Just to clear couple of things up: 1/ People have to submit domains at moment to sedo brokers. If they think good enough they will accept & list. Understood. Do they have to be being bid on now? or just if bid on in the past okay & viewed as premium? 2/ If domain being bid on in few days, as a seller, will a button appear that your programmers put in so that we can click 'to go to auction'? Or do we have to mail sedo brokers? Cheers, Predator 
__________________ cheers Guy |
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23-10-2006, 12:26 PM
| #20 |
| | Sedo Nice addition to the front page... Well done... Would have PM'ed but no replies... Appreciate you've been busy with roll-out... Sooooo.... Looks like a tech glitch as 'top domains' now shows auctions too from my end... After page one, the rest don't show... Two of my 'Top Domains' still not showing, even after being told my a member of sedo staff they are definately listed from a previous email to support... All 'Top domains clustered' now anyhow, due to list being replaced with auctions and featured names... FYI - error message that shows when you try to look at page two onwards is: Error: Please provide one or more additional criteria for your search: domain name or keyword, category, or date added. Then it just shows auctions and featured names... Anyone else showing the same?... Last edited by wwwdomain.name; 23-10-2006 at 01:02 PM. |
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