Changes should add liquidity to domain market.
Sedo is making two big changes to its domain name marketplace. It’s a trial in place until the end of the year for now.
First, it is lowering its minimum bid from $90 to $20. If you complained about receiving $90 offers in the past, then you might want to set up a custom minimum bid for your domains. You can do this through the online system or contact your account rep to make this change.
Second, it is removing the $60 minimum commission on most domain names. (It calls these “Category 1” domains.)
This should add liquidity to the low end of the market. It didn’t make sense to sell a domain for $90 if you only netted $30.
Afternic previously lowered its minimum offer to $20. It charges a $15 minimum commission.
John says
Nixing min comm’s is a good move.
Louis says
Too late.
Sedo has been milking the domaining cash-cow for many years with their absurd fees and “old” 1996 style platform.
We paid too much for too little and not that people have moved to other venues they are running around.