Do I or Don’t I: The “Send it To Auction” Gamble | Domain Shane

Here lies the fun and games. I feel that Sedo auctions represent the closest thing to the true value of a domain. Sure, there are good and bad deals that pass through but in general, it’s worth what it sells for on Sedo. When you get an offer at Sedo you can negotiate. At any point you receive an offer from the other party you can send it to auction. If you counter offer and they don’t respond or cancel the negotiation, you cannot send it to auction. Once they have made an offer you can either counter, take the offer, or send it to auction with the guaranteed sale to the original bidder if the domain doesn’t receive a higher bid. This sounds like a no brainer if the offer is high enough. You would think you have nothing to lose….except that 50% of the time if you send it to auction and get no bids, the original offer never pays….ie backs out.

This where the art of the Sedo negotiation comes in.

This was written by (author unknown). Posted on Tuesday, March 9, 2010, at 7:21 am. Filed under Feeder. Bookmark the permalink. Follow comments here with the RSS feed. Trackbacks are closed, but you can post a comment.

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