Tarry, I thought that any domain at Sedo that was bid on automatically went into auction, I didn’t know it was an option. I have so much to learn!

Although my comments here will give away some tips I give my clients who pay me well, here’s the breakdown:

1) With all auction sites that basically sit your domains until somebody shows interest, be sure to set your domains at a MINIMUM price for your reserve. You can always counter with a higher price if the specifics on the domain change, as Andrew Olds stated in the first comment. Your minimum should be a price that you can live with. (I think I’ll make a blog myself on the subject of “seller’s remorse” in this industry).

2) Andrew Allemann makes a good point about wasting time on lowballers. I get the feeling that they are just people who want to “get back at those domain pirates”. So set a healthy low minimum on your domains on Sedo and Afternic.

3) If you have domains you want to sell rapidly for a low price ($15 – $99), no better place is with Snapnames Private Domain Auction systems. I used to like Afternic’s Bazaar, but Name Media has downplayed that system now, hardly any sales pass thru there more than $50.

4) Sedo’s customer service has been hurting lately. I just sold a domain name over a week ago on Sedo… the “10 day payment from buyer” period has passed, and still no information or updates from Sedo, even tho I emailed for status updates.

5) Everyone should take a serious look at Rick Latona’s domain sale newsletter and try to get some domains featured on it. Fair prices for sellers and buyers on some very good domains. Digipawn.com

Another great post, Andrew. I think I’ll shut my blog down now.

Stephen Douglas
http://www.successclick.com

I don’t allow people to shop my offers – if we come to an agreement on price – then we do a deal. With Sedo you can agree on a price and then at the last second the seller can effectively say “hey thanks for your offer – I accept it – unless of course someone else is willing to pay more than you are in the next 7 days” – great for the seller – unacceptable for the buyer….

Some might think of this as ranting but all of the above is good information to me. I haven’t had much luck selling domains at Sedo (at what I think are fairly low prices) so I’m open to hearing about any alternatives. I’ve looked at Moniker Marketplace but there are so many terrible domain names listed there or ones that have ridiculous prices ($50 million? Really?).

Is Afternic a better agent for sellers?

Seems as though you touched a nerve with your Sedo post