Sedo removes the minimum fee through the end of 2019

Sedo

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.

10% Sale of a Parked Buy Now Domain on the Sedo Marketplace

Our cheapest selling option: Park your domains and designate a fixed price. You’ll only pay 10% commission on a successful sale.

15% Domain Sale on the Sedo Marketplace

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.

15% Domain Auction on the Sedo Marketplace

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.

20% Domain Sale via SedoMLS Partners

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.

Sold.Domains

About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He loves domains and building websites. He is online since 1995, learned about html in 1996 and got into domains in 2002. He started the OnlineDomain.com blog in 2012.

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