Sedo sellers expectation ?

doodlebug · 23-11-2008, 04:15:54 PM

If a seller on Sedo as set an expectation price of eg, $150
Do they have to sell at that price if you offer it ?

Thanks !!!
Doodlebug

Systreg · 23-11-2008, 04:45:56 PM

@ Doodlebug, Yes, I believe if they set a price, and you match their price, they are legally bound to sell to you.

This is what is says in my Sedo account if I click on "price" if I want to offer a domain for sale:

Quote:

Price:
You can set a price for your domain in this field. As soon as you enter a price, you are also required to choose the corresponding currency. It is also necessary to specify whether the price is a fixed price or open to negotiation ("make offer"). Leave the field blank if you wish not to specify a price (though you still need to specify a currency).

Keep in mind that no listings can exceed 10,000 USD/EUR/GBP. This policy is in place to help keep the marketplace fair and balanced for both buyers and sellers. If you believe your listing is worth more than 10,000 USD/EUR/GBP, please first order an Appraisal. Upon receipt of your appraisal, our Customer Support staff can manually change the price on your behalf.

Fixed price:
Offers are only accepted if they match your exact price. However, you are legally obligated to accept this offer. Should you decide to set a fixed price, please enter the fixed price in the "Price" field.

No price specified (leaving all fields blank):
All offers, irrespective of amount, will be forwarded to you.

Minimum offer:
This field is where you can specify which incoming offers are forwarded to you.

Once you have specified a minimum offer, all offers which do not match or exceed this amount will be automatically rejected by the system. Prospective buyers are then encouraged to make a higher bid. If the 'fixed price' option has been selected, entering a minimum offer will not be possible. Once you have specified a minimum offer, all offers which do not match or exceed this amount will be automatically rejected by the system. Prospective buyers are then encouraged to make a higher bid. If the 'fixed price' option has been selected, entering a minimum offer will not be possible.

Keep in mind that no listings can exceed 10,000 USD/EUR/GBP. This policy is in place to help keep the marketplace fair and balanced for both buyers and sellers. If you believe your listing is worth more than 10,000 USD/EUR/GBP, please first order an Appraisal. Upon receipt of your appraisal, our Customer Support staff can manually change the price on your behalf.

Setting a minimum offer is not essential if you wish to sell your domain. You should only enter a minimum offer if you wish to filter out a large number of low offers.

Please note:
Entering a minimum offer is not the same as entering a reserve price for an auction. Any changes made through the My Sedo > Domain Management section of your account will not affect your Premium Auction application for the domain.

pugyrob · 23-11-2008, 04:52:59 PM

sellers price expectation is different to setting a fixed price.

If a seller has a price expectation, they can still ask for more than this when you offer that expectation. this has happened to me a few times.

If however it is a fixed price sale, they are forced by sedos rules to sell it for that price or in theory that is how it should be.

doodlebug · 23-11-2008, 05:23:30 PM

Thanks to you both.
I thought i had found a bargain, it does say sellers expectation
Ah well !!!

23-11-2008, 04:15:54 PM	#1 (permalink)
doodlebug Join Date: Mar 2007 Location: This time next year we'll be millionaires ! Posts: 4,652 No Classified Ratings Domain Trader Rating: (100% / 32)	Sedo sellers expectation ? If a seller on Sedo as set an expectation price of eg, $150 Do they have to sell at that price if you offer it ? Thanks !!! Doodlebug __________________ No links for me thanks !

23-11-2008, 04:52:59 PM	#3 (permalink)
pugyrob Join Date: Nov 2005 Posts: 1,488 No Classified Ratings Domain Trader Rating: (98% / 60)	sellers price expectation is different to setting a fixed price. If a seller has a price expectation, they can still ask for more than this when you offer that expectation. this has happened to me a few times. If however it is a fixed price sale, they are forced by sedos rules to sell it for that price or in theory that is how it should be. __________________ what is an iva? Do you need to cover your wedding? which car insurance group do you fit into? learners, get insurerd! click here for motor trader info Factoring

23-11-2008, 05:23:30 PM	#4 (permalink)
doodlebug Join Date: Mar 2007 Location: This time next year we'll be millionaires ! Posts: 4,652 No Classified Ratings Domain Trader Rating: (100% / 32)	Thanks to you both. I thought i had found a bargain, it does say sellers expectation Ah well !!! __________________ No links for me thanks !

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