OnlineDomain.com Domain Name News & Opinions
Sedo created a fuss today about removing the minimum fee for sold domains. First of all, it is not for all domains AND this “promotion” runs only through the end of 2019!
This promotion runs from May 6, 2019 through December 31, 2019. During the promotion period, the standard minimum fee requirements only for Category 1 domain names are waived. Expiring Domain Auctions, External Transfers and Category 2 domain names are excluded from this promotion.
So now is your chance to sell all your valuable $100 domains! I am of course joking…
I never cared about what the minimum fee was on Sedo or any other marketplace. I don’t ever sell domains under $600.
I don’t really understand what this is about… Is Sedo becoming too desperate? Are they running a test? And if they are running a test, are they so clueless that they don’t know what impact a change like that will have on their revenue? Oh my…
Please note: Domains listed for sale on a Make Offer basis without a set minimum bid will automatically be set to a $20 minimum bid during the promotion period.
Here are some details of the removal of the minimum fee in 2019:
“Until now, with every domain sale you had to pay a minimum fee of $60. That meant selling a domain for a few hundred dollars might not have been worth your while. At least that is the feedback we received from our valued customers. We listened, and that is why we are doing away with the minimum fee!
This makes listing and selling your lower-priced domains especially lucrative. Now you can earn twice as much with one domain sale!
- Commission: 10%, 15% or 20%
- Minimum Fee: None
- Promotion runs through end of 2019“
Sedo only charges a one-time commission for domains traded on its platform. The amount of the commission depends on the type of sale and TLD, see price list. Plus, our Transfer Services are included at no charge. Commissions in this price list exclude VAT.
Our cheapest selling option: Park your domains and designate a fixed price. You’ll only pay 10% commission on a successful sale.
Sedo charges a fee of 15% of the gross selling price on the sale of a domain at a Buy Now or Make Offer price.
Sedo charges a fee of 15% of the highest bid if the reserve price is reached and the domain is sold in a Direct Auction. The amount of commission is based on the domain’s gross selling price.
Domains listed for sale on Sedo’s platform are also automatically advertised on our international websites and the worldwide SedoMLS® marketing network. Sedo charges a fee of 20%, based on the gross selling price, on sales completed by one of our SedoMLS partners.
The Fine Print
This promotion runs from May 6, 2019 through December 31, 2019. During the promotion period, the standard minimum fee requirements for Category 1 domain names are waived. Expiring Domain Auctions, External Transfers and Category 2 domain names are excluded from this promotion. For more info on minimum fee requirements, see our price list.
In conjunction, the Domain Marketplace minimum bid requirement of $90 for buyers has been lowered to $20 during the promotion period. This means you can offer and sell your domains for as low as $20! Please note: Domains listed for sale on a Make Offer basis without a set minimum bid will automatically be set to a $20 minimum bid during the promotion period. Please determine a minimum bid for all of your Make Offer Domains. Here’s how to. Contact your account manager if you prefer for your domains to stay at a $90 minimum bid.
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Hi
I sold a domain through Sedo for $10k and it was a nightmare, the attitude of staff who either treat you like children or like cattle is pathetic. I also do not like the conflicting information on their website and eye watering fees.
To be honest I have been a bit lazy by using Sedo.
I am now looking for a better platform to list my domains for sale other than GoDaddy who I detest.
I do not want my domains listed on 3rd party partner sites just so Sedo can make an override commission.
I would ideally like to have the lowest fees possible, 15% seems very high for me and you have to pay VAT on that fee.
I also want to be able to shut down the speculative wankers who waste my time with low ball offers that Sedo forces you to respond to, the idiot then does not respond and I have to wait a week, then the cycle of emails etc when I just want to close the negotiation because it is not a negotiation at all.
Any good alternatives to Sedo would be appreciated.
Sedo is the worst. I have been saying this for years.
Try DAN.com.