Sedo began yesterday charging a $10 fee for each domain submitted at the Great Domains auctions.
This fee will not be reimbursed, regardless of whether the domain is accepted or rejected.
Sedo says that the reason for this change in the application and selection process is that they have seen a huge increase in the number of suggested domains submitted to them each day.
I found an excerpt of a Sedo article on my RSS aggregator yesterday that seems to announce a new €10 for each domain name that is submitted at the monthly Great Domains auction. The problem is that the complete article is nowhere to be found. So I am not sure if the article was postponed or that Sedo decided not to charge this new fee.
Anyway, not a lot of people bother with the Great Domains auction and a few people have complained about it. Will this fee help Sedo pick better names, will people get discouraged to submit bad names or is it meant merely to reduce their work?
Immediately I remembered reading this article in February called “Why I Am Done Wasting Time with Sedo’s GreatDomains Auction” from TLD.org.
Here is the complete Sedo announcement:
Change in applying for GreatDomains auction
Fee for domain applications for GreatDomains auctions
There will be a change in the process for submitting domains to GreatDomains auctions, starting with the upcoming GreatDomains auction to be held in July. An application fee of $10 will be charged for each domain submitted. This fee will not be reimbursed, regardless of whether the domain is accepted or rejected. Charges apply starting June 18, 2015.
The reason for this change in the application and selection process is that we have seen a huge increase in the number of suggested domains submitted to us each day. Each month, we successfully auction off an exclusive, handpicked selection of premium domains in our GreatDomains auctions. Our domain experts check every individual domain suggestion beforehand with an eye to numerous value-related factors. Our goal is to continue to maintain this quality for you now and into the future.
This means we are able to offer buyers and investors a good, fast overview of the auction domains that are currently most sought after. Domain sellers have the peace of mind of knowing that a GreatDomains auction gives their domains the best sales platform with the highest visibility worldwide. For an example, read the success story on the sale of app.nl in a GreatDomains auction.
The next GreatDomains auction is scheduled to start on July 16, 2015. Submit your premium domain now! It’s easy – simply go to your account and click Domain Management.