Typical sales will see a 5% fee increase.
Sedo has increased its commission rate on most transactions occurring directly on its site.
The typical sale on Sedo.com will now carry a 15% commission, up from 10%. The commission is still 10% if the domain is parked at Sedo and it is sells through a fixed price.
Sales on Sedo’s MLS system carry a 20% fee.
These commissions seem directly in line with Sedo’s biggest competitor, Afternic, with a couple differences. Afternic’s sales charge is 10% after rebate if the domain is parked with the service but it doesn’t have to be a fixed price sale. Also, sales on Afternic’s distributed listings service are only 15% after rebate if the domain is parked with Afternic. Sedo does not offer a commission break on MLS domain names.
The fixed price offer is certainly an effort to get more people to price their domains names, which will help increase sales on Sedo.com but also create more inventory for Sedo MLS.
On the plus side, minimum fees for a number of ccTLDs have been reduced.
I don’t see the commission increases having much of an impact on domainers’ choice to list domains on Sedo, although they might consider the fee difference when negotiating a sale.
Andrew Douglas says
With all that “extra” commission maybe they’ll invest in their affiliate network…hahahahhhaaaa. Incredibly bad timing for many reasons if you ask me. I wonder if the average sales price for domains has been going down on Sedo so the commission rates need to be jacked to retain previous profit margins etc?
Anyone know the status of registrar + MLS integration?
Selecting Moniker still shows “Registrar not yet supporting all SedoMLS…” etc.
Not sure but I really hope they integrate with NameCheap.
Domainer Extraordinaire says
Why pay Sedo 15% for almost nothing? Screw Sedo and all the rest of the outrageously priced brokers. The best place to sell your domain names is at the domain name.
If your domain name has any value it will result in traffic from potential buyers. When potential buyers arrive via the domain name it creates immense pressure for them to buy soon.
I developed a system to create a single sales page that creates an escrow at Escrow.com where the fee for $25K + transactions is less than 1%.
This eliminates the negotiation dance. This system is working very well for me. Check out http://www.83.com to see it in action.
LOL @ domainers still using Sedo. Enjoy their crappy automated broker service suckers!
Bryan G. says
As a seller I’ll take offers from any source I can. As a buyer on Sedo you should expect a 15% higher bottom line price than direct negotiation.
I don’t know how much of Sedo’s business is domainer to domainer but that is where it will really hit hardest.
hope they hire some human brokers.
so that they can answer to domain transfers within 1-2 days of the questions.
Wow, I just got hit with a $50 commission on a $60 domain name sale… I had no idea they put back the minimum commission! I had reduced my domains to sell and set Buy Now Prices because of this heavily advertised feature. Looking at the web site price list document now, I see that they hid the reinstated minimum $50 fee behind a link in the box and not mention it when they DO mention it in the other boxes below… so underhanded! I like the domain escrow.com sales page idea and will look into it.