ratboy

I'e just countered on a derisory offer on Sedo for a good solid generic, and I want £15k for it. But they want £2,250 commission for the part in the deal.

Now I'd rather stick pins in my eyes than complete on that even with a good profit. It hardly encourages people like me to sell via their platform does it... and no I'm not going to park it with them.

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sdsinc

The commission is higher when the potential buyers came through a partner (registrar).
I know the commission is high but pass it on to the buyer.

More exposure = more sales but it comes at a price.

rob

Do they still charge comission on VAT?

Cant wait for all .uk names expired on 1&1 to pop up on sedo, or at least be independently sold via domcollect.

I shall start saving my comission payments now!

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foz

Delete your domains with Sedo if it's too much

I've severed my business with them.

thudufushi

But they have a trust factor for the buyer IMO. Is there a solid alternative with much lower comm?

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ratboy

Yeah I know fozzy... I see Sedo as a good place to sell, I'm just saying they are trying to take too much!

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foz

If they have upstream partners generating the leads and wanting 10% of the 20%, then that's the way it has to be (figures are approximate).

ProDomains

How about removing it from Sedo and forward the site to a designated page on your company website?

Leave it up for a few days and perhaps the buyer will contact you directly.

If not, continue the Sedo negotiations and be prepared to pay ze germans a large chunk of the sales price

websaway

On the assumption that's it's an all day long 15k domain.

If you sold it without sedo you would most likely have to pay 3% escrow=£450 so the difference is £1800. For that you have an option to go to auction and get more, maybe a lot more,whereby you would have to make a final decision if you were to sell away from sedo.

Just pointing out the positives.

Sean

I'm not having a dig here but it's not rocket science. Contact Sedo and negotiate the commission on the deal, tell them you'll pay 10% but 15% is too high. It puts the ball in their court and they can decide whether to take £1500 or nothing, then come back and tell us how greedy they are if they say no.

Personally I don't think it's unreasonable to pay 10% commission on a sale that includes a Escrow service.