Fascinating. Anyone switched over to Undeveloped having been with Uniregistry previously? The landing pages aren't so different - both miles ahead of Sedo, obviously. (example)
I'm just starting to try out Undeveloped after the good reviews on here, how are you setting the BIN its refusing to allow me to set it to below 1000?
You may need to change the 'Default starting offer' amount:
Account settings > Portfolio > Default starting offer
Thanks for your offer but I only think it’s worth £450. I’ve no idea what I would use it for at this stage
In not sure we'll make much from the domain. Would you consider trading it? I have beerxxxxx.co.uk or xxxxbet.co.uk
Sundried.co.uk sold on Undeveloped last week for £2.4K BIN, chickenhut.co.uk sold today for £185
Payment received
We have received (buyer name) payment. Can you please inform us where the domain is currently registered and if you prefer a domain push or transfer?
Undeveloped takes care of the whole transaction process by providing a safe and secure Escrow service. As soon as you come to an agreement with a buyer, we send the buyer an invoice. We kindly ask you to provide us with the transfer code or push the domain to our escrow account as soon as we’ve received the funds. The next step is sending the authorization code to the buyer or pushing the domain from our escrow account into the account of the buyer. Finally, if the domain is successfully transferred we will transfer the payment to the account of the seller.
Hi Kevin,
Thanks for your message. Can you please initiate a Nominet transfer to [email protected]? Please notify us in this chat once you initiated the transfer.
Nigel, the seller/buyer guides are here:
https://undeveloped.com/help/seller-guide
The commission is 9% + VAT, but unlike Sedo, there's no minimum commission fee. I'd messaged them about that and they said no minimum fee at the moment, but it may be introduced in future.
If a domain is taken at BIN, when payment is received you get this message:
I tell them the domain is held on my own Nominet registrar TAG and tell them what my tag is. I assumed by transfer that they meant transfer to them to hold in escrow, like it says on their sellers page:
Instead, they give you the buyers email address like they do on Sedo, as they send this message next:
Lat them know the transfer has been sent, and when the transfer is accepted, let them know the buyer has accepted it and that it's now under their control, they presumably check the Who-Is and/or ask the buyer to confirm that, then you get paid.
Agree with that. I recently had a 4k offer at Sedo, but...minus 10% for them, another 10% for domaintools, then 20% VAT on top, so about 3k net. I wouldn't mind so much if they chased the deals, but it's just a glorified classifieds site with very expensive escrow tacked on.I have no problem paying 9% or 10%
Seems a bit steep - 9% +vat to sell a domain that you would have sold anyway.
Seems a bit steep - 9% +vat to sell a domain that you would have sold anyway.