15% commission on fixed price parked domain

[websaway]

I have a domain name on sedo which is both fixed price and parked and sedo are trying to charge 15% commission on the sale. I think 15% is obscene in any event but surely this is taking the urine.

 

[GreyWing]

Have to vote with your feet mate, quite a few of us have over the last few years.

 

[fish]

I have a domain name on sedo which is both fixed price and parked and sedo are trying to charge 15% commission on the sale. I think 15% is obscene in any event but surely this is taking the urine.

I thought that if you stated a (fixed) price then you pay a lower rate ?

 

[Edwin]

I have a domain name on sedo which is both fixed price and parked and sedo are trying to charge 15% commission on the sale. I think 15% is obscene in any event but surely this is taking the urine.

They have to also be set to "Buy It Now" according to Sedo's pricing page in order to qualify for a 10% commission rate, i.e. fixed, parked AND buy it now!
http://sedo.co.uk/uk/about-us/price-list/

 

[websaway]

They have to also be set to "Buy It Now" according to Sedo's pricing page in order to qualify for a 10% commission rate, i.e. fixed, parked AND buy it now!
http://sedo.co.uk/uk/about-us/price-list/

Thanks Edwin, I suppose this is supposed to explain it.


Buy Now sale originating on Sedo's Domain Marketplace
in which the domain is also parked3 with Sedo

 

[foz]

If the purchase lead has come from upstream (third party) I think 15% may apply.

 

[websaway]

I could perhaps understand 15% if the name is not parked with them, after all they have provided a base for the sale to originate from and if you don't want to complete the sale you don't have to. However, when the name is directed to sedo, it provides income for them from PPC and a route into there site from potential domain investors, also of course giving them free exposure.
I think 10% can be justified for this, breaking it down to be 5% for the sale and 5% for escrow but !5% to me is a bridge too far.

 

[websaway]

Established that the rules are.

15% for listing price.
10% for buy it now.

But surely if you put a listing price and the buyer cannot offer less than your listing price, which is the mimimum the offer page will accept, then that's the price you will sell at, so effectively they are confusingly the same thing.
Or am I missing something ?

 

[sedo]

You can list a price and have the domain set as make offer so negotiation is enabled (the price is a suggestion not a minimum price) or you can list a price and have the domain set to fixed price which enables the customer to buy the domain without negotiation.

 

[websaway]

You can list a price and have the domain set as make offer so negotiation is enabled (the price is a suggestion not a minimum price) or you can list a price and have the domain set to fixed price which enables the customer to buy the domain without negotiation.

So look at www.RetirementApartments.com it's a listing price with a make an offer button but you have to offer the listing price, is that a bit contradictory?

 

[sedo]

You do not have to offer the listed price you can offer less.

You can set a minimum offer price though.

Fixed price = buy now.

Make offer = negotiate

 

[Rich]

Expect some 20% commission sales too

.uk domains ARE promoted via SedoMLS (Basic not premium)

 

[websaway]

Expect some 20% commission sales too

.uk domains ARE promoted via SedoMLS (Basic not premium)

If a domain name is pointed at sedo then 10% should be the max charged.
I won't deal at 15 or 20% Where I have the name pointed at sedo.
It's an easy find for a purchaser, it's continual exposure for sedo on top of ppc earnings. I'm now begining to wonder that when a co uk domain is pointed at a buy it now page ( co uk names are quickly and easily transfered ) how they can justify even the 10%. They are, under most circumstances taking the pee.

 

[Edwin]

If you want to have your cake and eat it too, you could in theory* point the domain directly at a sales page, but also list it at a fixed price on Sedo that's 20% higher than your own "direct" price - so if somebody turns it up via a Sedo partner you make the same as if you sold it direct, and if anyone spots it on Sedo then types it in they think they're getting a "bargain" by paying 20% less to buy it straight from you.

*I've not tried this but I can't see a flaw in the logic (assuming you're not VAT registered - Sedo don't handle VAT well)

 

[websaway]

If you want to have your cake and eat it too, you could in theory* point the domain directly at a sales page, but also list it at a fixed price on Sedo that's 20% higher than your own "direct" price - so if somebody turns it up via a Sedo partner you make the same as if you sold it direct, and if anyone spots it on Sedo then types it in they think they're getting a "bargain" by paying 20% less to buy it straight from you.

*I've not tried this but I can't see a flaw in the logic (assuming you're not VAT registered - Sedo don't handle VAT well)

To me the most logical course is to cancell any offer that includes a 15 or 20% tag and then direct the name to a landing page with a buy it now price at the offer they have made, not very gentleman like but neither is charging 15% when the offer has been acheived through a direct link by the target domain.

 

[Edwin]

You misunderstood me - I meant point the name at YOUR sale page, not Sedo's sale page...

 

[websaway]

You misunderstood me - I meant point the name at YOUR sale page, not Sedo's sale page...

I did see your point.