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Wanted: Domain sedo buying? tp://www.zeifang.com/

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I had the 'we are buying' email so asked if they were sedo - replied:

"DomCollect is a subsidiary of Sedo GmbH. We are in the business to acquire premium and traffic-earning domains."

:)

You're also in the business to go head to head with me, that's it then, if sedo said that, I'll remove all today once I get confirmaiton and would advise all others to do exactly the same, be careful who you get into bed with.
 
And another thing, do you think they're rebuying up domains dropped that have previously been parked at sedo? to those who dropcatch with systems it won't bother you yet but if they're competing with little old me and they are nad have been for a while, imagine what they're going to do in the future and right now you're all giving them the money so they can.

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DomCollect mystery---any questions??

Not surprised to hear this. If I were Sedo I would plough back most of the profits into domain buying. Means that they don't have to split revenue any more and there is no chance of the domain being placed with another parking provider. I've not had a 'we are buying' email but recently I've had a couple of vague approaches (i.e. no actual offer) from a Sedo broker in respect of a premium finance domain which we're not that interested in selling. I'm not suggesting that the broker was working for a Sedo subsidiary but I think it would help if a Sedo rep came onto the forum to explain their relationship with their subsidiary DomCollect i.e. do they share information? do they use the same staff? will DomCollect have access to SedoPro client account information? will Sedo brokers be used by DomCollect to buy domains? Unless we are given some answers I think we're all going to be a little bit hesitant every time an anonymous buyer approaches us via a Sedo broker on one of our better domains.

NB: Perhaps this thread should be put in the Sedo section so that Sedo staff can definitely read and reply.


Hi there,

By being new to the scene in the domain industry, there appears to be plenty of questions of who we are. :)

I would be happy to go over some points:

** DomCollect Worldwide Intellectual Property AG is a subsidiary of Sedo GmbH. We are two separate legal entities. DomCollect does business with Sedo--we are clients and pay for Sedo products (brokerage, escrow, etc).

** Sedo is a marketplace to buy and sell domains by their registered owners. These domains are not owned by Sedo, but rather by individuals and other firms. Domain Brokers from Sedo will work on behalf of an interested buyer or seller--however please review the information on the brokerage service listed at Sedo.

** DomCollect is in the business to buy domain portfolios (primarily generic and traffic-earning domains, with at least 30,000 visitors per month) and sell domain names. You can check more information on us at www.domcollect.com. The only information we use to determine our sales negotiation is: domain list and stats provided by the seller.

If you have additional questions or concerns or if you are looking to sell your domains/portfolio, then you can contact me at [email protected].

Hope this helps!

Cheers,
Heather
 
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Hi there,

By being new to the scene in the domain industry, there appears to be plenty of questions of who we are. :)

I would be happy to go over some points:

** DomCollect Worldwide Intellectual Property AG is a subsidiary of Sedo GmbH. We are two separate legal entities. DomCollect does business with Sedo--we are clients and pay for Sedo products (brokerage, escrow, etc).

** Sedo is a marketplace to buy and sell domains by their registered owners. These domains are not owned by Sedo, but rather by individuals and other firms. Domain Brokers from Sedo will work on behalf of an interested buyer or seller--however please review the information on the brokerage service listed at Sedo.

** DomCollect is in the business to buy domain portfolios (primarily generic and traffic-earning domains, with at least 30,000 visitors per month) and sell domain names. You can check more information on us at www.domcollect.com. The only information we use to determine our sales negotiation is: domain list and stats provided by the seller.

If you have additional questions or concerns or if you are looking to sell your domains/portfolio, then you can contact me at [email protected].

Hope this helps!

Cheers,
Heather

Hi Heather

Thanks for the post and for answering some queries. You say that you pay for Sedo services but if you are a Sedo subsidiary I assume that you pay for Sedo services by drawing on a pot of money (i.e. the capital) provided by Sedo in the first place. I think the questions I raised earlier in this thread were:

a)Do Sedo and DomCollect share information and staff?

b)Will DomCollect have access to SedoPro account information?

c)Will DomCollect use Sedo brokers to buy domains? (Your answer seems to imply that you may use Sedo brokers to buy domains and you would pay for their services. But have Sedo brokers been given any authority to scour SedoPro accounts to identify nice domains and then report back to DomCollect with a view to contacting the SedoPro account holder in an attempt to buy the domains?)

I think it might help if our Sedo rep also answers this question here. Many thanks.

Kind regards,

Nigel
 
Hi Heather

Thanks for the post and for answering some queries. You say that you pay for Sedo services but if you are a Sedo subsidiary I assume that you pay for Sedo services by drawing on a pot of money (i.e. the capital) provided by Sedo in the first place. I think the questions I raised earlier in this thread were:

a)Do Sedo and DomCollect share information and staff?

b)Will DomCollect have access to SedoPro account information?

c)Will DomCollect use Sedo brokers to buy domains? (Your answer seems to imply that you may use Sedo brokers to buy domains and you would pay for their services. But have Sedo brokers been given any authority to scour SedoPro accounts to identify nice domains and then report back to DomCollect with a view to contacting the SedoPro account holder in an attempt to buy the domains?)

I think it might help if our Sedo rep also answers this question here. Many thanks.

Kind regards,

Nigel

It's in the terms and conditions, policy laid out on the sedo site, no matter what domcollect say it's sedo's right to share all infomation they have with partners and any subsidiary company. So there's your answer.

A bit dubious what with the broker comment as well. And imagine an internal database showing keywords, performing domains and their drop date and when they do, bang, hit hit hit, domcollect own them. It's Pool.com all over again. It's the equivalent of domain tasting for the uk but in reverse and sedo are perfectly placed to do so. There is so much wrong with this, but you'll all still park and market there, but wait until they start catching then you'll get the hump.

http://www.sedo.co.uk/about/policy.php?page=privacy_policy_e&tracked=&partnerid=&language=e
 
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It's in the terms and conditions, policy laid out on the sedo site, no matter what domcollect say it's sedo's right to share all infomation they have with partners and any subsidiary company. So there's your answer.

A bit dubious what with the broker comment as well. And imagine an internal database showing keywords, performing domains and their drop date and when they do, bang, hit hit hit, domcollect own them. It's Pool.com all over again. It's the equivalent of domain tasting for the uk but in reverse and sedo are perfectly placed to do so. There is so much wrong with this, but you'll all still park there, but wait until they start catching then you'll get the hump.

http://www.sedo.co.uk/about/policy.php?page=privacy_policy_e&tracked=&partnerid=&language=e

Hi Lee,

It looks like they may have already started catching under the FASTHOSTS tag. They've certainly registered quite a few in the last few days within minutes of them dropping. I'm not too bothered about this. I think the .co.uk market is already swamped with dropcatchers and if you look at the quality of the domains being registered 'on the drop' every day at deleting.co.uk it's now very poor indeed.

I'm also not that bothered about domcollect being able to detect lapsed domains from a Sedo database. We've got no intention of lapsing any of our decent domains so it's not going to affect us.

What does concern me is any strategy DomCollect and Sedo may have agreed to build up a portfolio of domains from existing SedoPro account holders. I'm looking forward to hearing Sedo and DomCollect's answers to my earlier questions.
 
Hi Lee,

It looks like they may have already started catching under the FASTHOSTS tag. They've certainly registered quite a few in the last few days within minutes of them dropping. I'm not too bothered about this. I think the .co.uk market is already swamped with dropcatchers and if you look at the quality of the domains being registered 'on the drop' every day at deleting.co.uk it's now very poor indeed.

I'm also not that bothered about domcollect being able to detect lapsed domains from a Sedo database. We've got no intention of lapsing any of our decent domains so it's not going to affect us.

What does concern me is any strategy DomCollect and Sedo may have agreed to build up a portfolio of domains from existing SedoPro account holders. I'm looking forward to hearing Sedo and DomCollect's answers to my earlier questions.

Yes sedo pro... and everyone thought it was about parking and better revenue. ;)

Well if they drop caught the one I wanted today, then fair enough because I'm sure I didn't see it when I picked up the Spain domains otherwise it would be mine now, a shame they can't get their own tag, mind you fasthosts is them anyway apparantly but a few other tag holders use that as well, very disconcerting.

Ah well, this is life. Adapt or lose out.
 
I sent them my portfolio, they handpicked hundreds of the best traffic/rev. domains and made an offer of well under 12 months rev. A month later I sold 3 of the domains for more than their offer for the lot! Complete waste of time................

Grant

Hi there,

Prices offered for portfolios are dependent on the type of domains, which are being sold (generic, traffic-earning, typo, TM, legal risky, etc). Dependent on the type of the domain, one doesn't necessarily pay the same price nor would one want to sell at the same price, right?

We aren't looking to buy portfolios at end-user prices, rather resale value and are prepared to invest in domains which match our criteria (generic, traffic-earning domains receiving at least 30k visitors a month).

@ Grant: Our bid, which was at least over 12 months, was not countered.


Cheers,
Heather

[email protected]
 
Hi there,

Prices offered for portfolios are dependent on the type of domains, which are being sold (generic, traffic-earning, typo, TM, legal risky, etc). Dependent on the type of the domain, one doesn't necessarily pay the same price nor would one want to sell at the same price, right?

We aren't looking to buy portfolios at end-user prices, rather resale value and are prepared to invest in domains which match our criteria (generic, traffic-earning domains receiving at least 30k visitors a month).

@ Grant: Our bid, which was at least over 12 months, was not countered.


Cheers,
Heather

[email protected]

I have dealt with domcollect and still are. I managed to negotiate a price for some expired traffic names which I was happy with. Nobody has to sell, but for some this may be a useful way of monetising some traffic names directly.

I haven't tried to sell any generics to them so no idea what prices they would pay for those.

I suggest that it would help any negotiations if you split any potential offereings into suitable categorisations (e.g. traffics, typo, generics etc).

Stephen.
 
Heather,

You have avoided answering Nigel's points. They may not interest you, but they do interest us and so we can have the information to choose whether to trust you or not.

a)Do Sedo and DomCollect share information and staff?

b)Will DomCollect have access to SedoPro account information?

c)Will DomCollect use Sedo brokers to buy domains? (Your answer seems to imply that you may use Sedo brokers to buy domains and you would pay for their services. But have Sedo brokers been given any authority to scour SedoPro accounts to identify nice domains and then report back to DomCollect with a view to contacting the SedoPro account holder in an attempt to buy the domains?)

e.g.
You judge revenue and traffic stats by parking them at sedo.

You, as sedo, also have complete control over what you count as traffic and what you pay out as revenue.

You don't publish this information and it varies anyhow. Your stats are completely different to other parking companies' stats.

and you have close connections to sedo and you even used to work in the sedo offices I understand.

So it is possible - though I am not at all suggesting that you DO do it -that you:
a) can potentially alter the sedo payments to suit your purchasing calculations and arguments

b) ask for portfolios to be valued by asking them to be parked at sedo for a period of several weeks and not buy anything but still gain from the several weeks worth of parking revenue. i.e. it is in your interest to simply ask for valuations and not necessarily do anything - or just offer lowball bids so sedo gets increased revenue even though domcollect "seemingly" gets nothing.

c) sedo has a terrible reputation for customer service e.g. for not completing transfers, for not understanding simple issues like VAT, and for unfairly charging uk domain owners excessively and one would hope that these problems didn't extend to yourselves as well.

In other ways too it indirectly affects us. As a domain trading/sales platform, it is in sedo's interest to promote the price of domains upwards, whereas as a buyer it is in their interest to promote them downwards. So will we expect negative press releases from sedo prior to a buying splurge from domcollect? Will sedo's valuations now be marked downwards when domcollect is involved? Can we any longer trust sedo's paid for valuations?

and not least, when we are talking to sedo reps we want to know whether we are being "warmed up" for a subsequent sales approach from yourself.

These are just a couple of instances where association with sedo and conflict of interest will directly hurt us and benefit you.

What would be of benefit, I think is assurance that the sneaky sedo denials and then subsequent reluctant acceptance that sedo and domcollect are directly associated, does not mean that you are sneaky and evasive in these and other ways.

yesterday
 
b) ask for portfolios to be valued by asking them to be parked at sedo for a period of several weeks and not buy anything but still gain from the several weeks worth of parking revenue. i.e. it is in your interest to simply ask for valuations and not necessarily do anything - or just offer lowball bids so sedo gets increased revenue even though domcollect "seemingly" gets nothing.

yesterday

They do set up a test account for you but you do keep the parking revenue.

I really don't have a problem with any of this - another place to sell my names as far as I am concerned.

Incidentally I have never felt cheated by Sedo parking revenue. I've tried several others and overall my revenue has been as good on Sedo as anywhere - although you need to try different parking programs for different types of domains to get the full value.

Stephen.
 
Heather,

You have avoided answering Nigel's points. They may not interest you, but they do interest us and so we can have the information to choose whether to trust you or not.

a)Do Sedo and DomCollect share information and staff?

b)Will DomCollect have access to SedoPro account information?

c)Will DomCollect use Sedo brokers to buy domains? (Your answer seems to imply that you may use Sedo brokers to buy domains and you would pay for their services. But have Sedo brokers been given any authority to scour SedoPro accounts to identify nice domains and then report back to DomCollect with a view to contacting the SedoPro account holder in an attempt to buy the domains?)


yesterday

Hi yesterday,

I was planning to reply to Nigel's questions today, so I apologize if it looked like I was neglecting it by not having done so by now. Was out last week on holiday and have been busy catching up on work, you can understand, right?

BTW--I will be at DomainFest tomorrow until Friday in Amsterdam, so I will not be in the office for a few days. If anyone is planning to be there, then I look forward to meeting up! :)


Answers to Nigel's questions:

**Sedo and DomCollect do not share staff. These are two completely different business entities. In the past I worked for Sedo, but I now I am employed at DomCollect.

** DomCollect does not receive any information on SedoPro, nor regular clients of Sedo from Sedo, rather the only information provided is that given by the portfolio seller themselves. This is where we ask that interested portfolio sellers provide us with a list of their domains, any traffic stats of their parking program, as well as an estimated price they are looking to sell the portfolio for. This information is necessary for us for further negotiations.

** DomCollect, as a client of Sedo, will purchase Sedo's Brokerage Service at its discretion, however in my experience I have only dealt directly with the registered owners of domains.

Answers to your concerns:

*All parking programs have different ways of measuring traffic stats. In this regard, as a subsidiary of Sedo, we prefer to test domains there, which will show stats that we know. Testing is an advanced stage of negotiations, which can assure our investment, but may not be necessary in all situations.

In regards to all negotiations, it ends with the seller and buyer negotiating a price, which in the end has to be acceptable to both parties, right? No one is forced to buy and no one is forced to sell.


Cheers,
Heather

[email protected]
 
Hi Heather

Thanks for the info.

Kind regards,

Nigel
 
Hi Heather

Thanks for the post and for answering some queries. You say that you pay for Sedo services but if you are a Sedo subsidiary I assume that you pay for Sedo services by drawing on a pot of money (i.e. the capital) provided by Sedo in the first place. I think the questions I raised earlier in this thread were:

a)Do Sedo and DomCollect share information and staff?

b)Will DomCollect have access to SedoPro account information?

c)Will DomCollect use Sedo brokers to buy domains? (Your answer seems to imply that you may use Sedo brokers to buy domains and you would pay for their services. But have Sedo brokers been given any authority to scour SedoPro accounts to identify nice domains and then report back to DomCollect with a view to contacting the SedoPro account holder in an attempt to buy the domains?)

I think it might help if our Sedo rep also answers this question here. Many thanks.

Kind regards,

Nigel

Hi Nigel,

I would like to echo what Heather from DomCollect has said to 'Yesterday', and would like to emphasise the fact that DomCollect, despite being a Sedo subsidiary, receives NO special privileges when it comes to scouring for domains.

There are a few additional points I would like to mention on behalf of Sedo:

Those of you who have being looking at our other threads will know that Sedo is getting an IPS-tag for transferring .uk domains. I would like to point out again that this is to improve our transfer service, and not to help DomCollect.

As far as using the brokerage service goes, it wouldn't be possible to manipulate this in any way even if they wanted to. Brokerage by definition is a go-between for a buyer and a seller; if, for example, DomCollect wants to buy something for €5000 and a seller says he wants €20000, there is nothing that the brokerage service can do whoever the client is.

The Sedo brokerage service also has a commitment to preserving anonymity of seller and buyer that is legally binding no matter who the client is, and no exception will be made for DomCollect.

Shaun

[email protected]
 
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