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Old 25-02-2010, 05:25:09 PM     #1 (permalink)

 
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False Seller's Listing Price

Saw a domain with a 'Seller's Listing Price' of 200 GBP so offered the full asking price.

The seller countered with 5000 GBP!

I'm really surprised that Sedo allow this sort of misleading practice; that's the last purchase I ever try to make on Sedo.
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Old 25-02-2010, 05:28:58 PM     #2 (permalink)

 
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Similar topic here about names for £200, possibly the same seller: http://www.acorndomains.co.uk/new-do...rice-sedo.html
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Old 25-02-2010, 06:01:03 PM     #3 (permalink)

 
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Thanks, yes same seller but different domain.

I'll raise with Sedo first to see what they have to say and depending on their response see what Trading Standards and the Office of Fair Trading have to say.

It's clearly dishonest and so I'd have thought unlawful which is why I'm surprised Sedo allow it.
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Old 25-02-2010, 06:15:11 PM     #4 (permalink)

 
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I thought on sedo that if it was a fixed price domain and the asking price was offered then it was a binding offer, not a negotiation.

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Old 25-02-2010, 07:37:17 PM     #5 (permalink)
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SEDO explicitly states (in the thread below) "A fixed price is a buy it now price. No negotiations are possible through the system."

http://www.acorndomains.co.uk/sedo/6...-facility.html (sorry can't get this link to display properly...but it's the topic headed New Search Facility)

However, maybe when SEDO say 'fixed price' they are only referring to specific promotions where prices are shown e.g. the recent 'Keyword Domains promotion'.

Please can someone from SEDO clarify?

Last edited by archibel; 25-02-2010 at 07:49:18 PM.
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Old 25-02-2010, 07:52:05 PM     #6 (permalink)

 
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The £200 he's seeing is not a fixed price, its the old 'sellers expected price' reworded. Fixed price domains have a buy it now button, these are just normal open to offers domains, the £200 is supposed to be a guide I guess but is obviously useless!

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Old 25-02-2010, 10:05:46 PM     #7 (permalink)

 
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I can't see how this benefits anyone... waste of time all round.

I can only imagine the small benefit for the seller is that once they raise price to genuine expectation it will still show on sedo as having received a few bids which may work to make any potential buyer more comfortable to buy ?
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Old 25-02-2010, 11:30:15 PM     #8 (permalink)

 
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I agree with Peacock, everyone loses here which is why I'm finding it hard to believe Sedo are supporting or even allowing this practice.

My Sedo Buyer Control Panel shows "Desired Price: 200 GBP" so the whole thing seems to be a right mess.
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Old 27-02-2010, 10:15:39 AM     #9 (permalink)

 
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Hmmm, over 36 hours since I raised this issue with Sedo and still no response, very poor.
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Old 27-02-2010, 10:30:26 AM     #10 (permalink)

 
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Quote:
Originally Posted by HariSeldon View Post
Hmmm, over 36 hours since I raised this issue with Sedo and still no response, very poor.
Just wondering - there are quite a few of us on here who are clearly a bit unhappy with certain Sedo features. I sell one or two names per week through Sedo - as I seller I am constantly trying to manage the fine line between upsetting potential buyers and getting a fair price for my domains. I would happily spend some time with Sedo reps at their offices in London if it meant that we could address some of the problems we collectively have picked up - both from a buyer's and seller's point of view.

Would anybody else be interested, and would Sedo be interested in hearing from us?

Stephen.
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