sedo loop holes

[charliecharlie is verified member.]

if anyone enters into a sedo organised deal beware
sedo deals are time limitless!

that is if someone puts an offer in on your domain and puts the money into their escrow system then that domain sale is legally bound indefinitely!!

and you'll never lose your money - you just have to keep hold of the tranfer documents - if you can keep that offer open with polite emails then you will get that money back in the end when the deal collapses.

so its a no loose situation - if you think you are in opposition with another key domain on sedo then bid for it (as long as you can afford the cash) and take it out the loop.

You can then limit the opposition and increase the value of your offering.

Personally i think this is ridiculous but thats the way they like it.

 

[charliecharlie is verified member.]

also this could be very handy if in discussion with one other party

the domain could be in sedo neogiation until the other party offer enough to make it worth while cancelling the "current bid"

 

[charliecharlie is verified member.]

this might have been a bit of a rant - remember you might end up losing your money, i'm sure its not fail safe