Permissable Indifference - Sales In The Dark

[retired_member6]

How long after an offer at sedo would it be presumed ok to accept an offer for a domain and go back to the possible buyer and do the deal outside of sedo? I'm talking low sales, with any possible high sale I work the 10% in on top.

It's only a thought but here was the situation, I receive an offer through the sedo system, it's £110 so I'd have lost £35 already. I reply with a few thousand to wake the person up. They then enquire as to why so high, but at the same time decide to email me on the domain address.

They've probably called their business something else by now but it would still be nice to know what the 'polite' pause duration should be. Does anyone have any thoughts on this?

Incidentally the highest they would go at that point was £120 and a £25 loss to me so it wasn't worth it, they were also willing to give me three other domains but I just said no rather than tell them that it would cost her a further bulk transfer fee.

So a month? six months, a year? even after a month it would probably be a waste anyway.

Cheers
Lee

 

[aqls]

you must give them due credit for the fact that the buyer found the domain through their system

At least 15 minutes

And you must give the buyer credit for being able to find you through their system.

If buyer typed in your domain to find a sedo listing page then that could have been any page you had put up.

Make that 5 minutes.

Also you'd be 10% better off and have a quicker more efficient transfer.

-aqls-

 

[retired_member6]

Yes, I have started to come round to thinking these past few weeks that there's no point having low traffic or no click domains pointing towards sedo and instead my own site. Because I know at least half of the offers recently landed there because they typed in the domain name, in both cases I would lose 10% in the event of a sale.

However, that's not to say I won't attract attention from elsewhere by being on sedo, that's where the other offers may have come from. In that respect it's worth noting that sedo charge 3% for natural offers outside of sedo and 10% when an offers come through sedo. So if I redirected to my own site, better to lose 3% than 10% if I wanted more security at exchange.

 

[Admin]

price your domains for sale?

Do you think we would get more interest in our lesser value domains if we set (realistic but worthwhile) fixed prices a-la FCdomains?

I don't mean FCdomains has only low value domains, far from it, what I mean is would people be more likely to buy if they could see a target price rather than "make an offer" - then we get offers of £50 or £100 and get all offended to the point of not even replying to their bid. I bid low on 3 domains last week (not on Sedo) and didn't get any replies.

It's like looking in a jewellery shop window that doesn't put any prices, I always assume it's because everything costs £x,xxx or more and don't even bother to go in the shop.

Thoughts?

 

[retired_member6]

The key is knowing what a low value domain is, I see some being bought up and wonder how on earth the seller got the price right, let alone why the buyer paid the amount.

And when a buyer claims - "I'm only a poor little student and I'm doing a college project", how can that make domainers look bad when both sides are looking for the better deal? Everyone's a blagger when it comes to money.

The reason why I couldn't sell to this person, even if I wanted to for £120, was I'd have lost money and that's not the idea of the game, plus I did feel it was worth more. It's a well known phrase in certain industries.

You mention FC domains and there's also DomainBargains, but as there's very little in the way of sales reporting in the pricing area they work in, a standard of pricing isn't going to come about unless everyone dives in.

Of course you could sit there, note their collection and monitor how well they do over a couple of months. If they sell through sedo, it might be worthwhile putting their site name down as well. Then again they may wish to keep silent.

But of course, that one domain you thought worth several hundred may have gone for several thousand but that's the decision these individuals take - it could be said it's just as risky when at offer stage - at least in their mind, they've priced their goods so there will be no disappointment, even if a domainer buys it and then sells it for more, they made their choice and are happy with it.

I'm pretty certain I'm rubbish at negotiating having gone through this process now and lost possible sales at offer stage - not all my fault mind, they just stopped bidding

But back to the main point, I suppose I should ask sedo what they think directly. In my view the buyer contacted me outside of sedo so I'd be in my right to sell once the offer ceased on sedo. I thought someone would have an answer with sedo being around for a while.

On sedo you're looking at £200 to £400 minimum bid to even be listened to because fees alone ensure it's not worth the seller's time. It would be nice if there was a standard but I don't think it would be as much fun, it's not a buyer's market nor a sellers market, I'm finding it's a more discerning blagger's market where both can win.

Some sites state "your bid needs to be at least over £400 to start negotiations" so perhaps that's a road to go down instead of/as well as fixed pricing. Edwin does the £2,500 minimum quite well... he knows what he gets out of bed for.