Comments on: One Of The Best Set Of Law Domains To Hit The Markets Sold This Weekend On Sedo.com For $200K http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/ Sun, 12 Feb 2012 20:38:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sedo.com’s Contract Protects Sedo, But Not Sellers Or Buyers | Domaining Manual http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-48009 Sedo.com’s Contract Protects Sedo, But Not Sellers Or Buyers | Domaining Manual Sun, 20 Jun 2010 14:19:43 +0000 http://www.thedomains.com/?p=8869#comment-48009 [...] Almost 2 months ago I won an auction at Sedo for TrademarkLawyer.com for just under $10K.  This was one of 7 legal domains one seller put up for auction.  The total winning bids for the 7 domains totaled almost $200K.  (You can read the entire story here). [...] [...] Almost 2 months ago I won an auction at Sedo for TrademarkLawyer.com for just under $10K.  This was one of 7 legal domains one seller put up for auction.  The total winning bids for the 7 domains totaled almost $200K.  (You can read the entire story here). [...]

]]> By: Sedo Needs To Do Something About Defaulting Domain Sellers http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45726 Sedo Needs To Do Something About Defaulting Domain Sellers Fri, 04 Jun 2010 16:23:40 +0000 http://www.thedomains.com/?p=8869#comment-45726 [...] Seven legal domains sold for $200K in early May 2010. The domain seller has defaulted on the deal and has refused to [...] [...] Seven legal domains sold for $200K in early May 2010. The domain seller has defaulted on the deal and has refused to [...]

]]> By: Sedo Needs To Do Something About Defaulting Domain Sellers - Product Domains http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45716 Sedo Needs To Do Something About Defaulting Domain Sellers - Product Domains Fri, 04 Jun 2010 15:39:38 +0000 http://www.thedomains.com/?p=8869#comment-45716 [...] Seven Legal domains sold for $200K in early May 2010. The domain seller has defaulted on the deal and has refused to [...] [...] Seven Legal domains sold for $200K in early May 2010. The domain seller has defaulted on the deal and has refused to [...]

]]> By: Stephen Douglas_Successclick.com http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45655 Stephen Douglas_Successclick.com Fri, 04 Jun 2010 08:31:05 +0000 http://www.thedomains.com/?p=8869#comment-45655 @Tanygeo Thanks for repeating my May 26 comment here and agreeing with it. @Tanygeo

Thanks for repeating my May 26 comment here and agreeing with it.

]]> By: tanygeo http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45609 tanygeo Fri, 04 Jun 2010 03:55:58 +0000 http://www.thedomains.com/?p=8869#comment-45609 That way, the domain name is NAILED when the price as agreed is reached. No hunting down the buyer, lawsuits, etc etc. All auction houses should use some sort of system that guarantees the top bidder wins the domain. You never hear about Sotheby’s reporting “well, someone bid $3mill on this Picasso, but the seller decided not to give up the painting.” Sotheby’s already has the painting. ============================================================= <a href="http://bestlawhelp.com" rel="nofollow">Law Help</a> That way, the domain name is NAILED when the price as agreed is reached. No hunting down the buyer, lawsuits, etc etc. All auction houses should use some sort of system that guarantees the top bidder wins the domain. You never hear about Sotheby’s reporting “well, someone bid $3mill on this Picasso, but the seller decided not to give up the painting.” Sotheby’s already has the painting.
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Law Help

]]> By: John Doe http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45576 John Doe Fri, 04 Jun 2010 00:23:32 +0000 http://www.thedomains.com/?p=8869#comment-45576 I am curious to see if you do sue and the final recourse ... I am curious to see if you do sue and the final recourse …

]]> By: MHB http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45490 MHB Thu, 03 Jun 2010 17:42:20 +0000 http://www.thedomains.com/?p=8869#comment-45490 Domo I think there is only so much an auction house can do if a seller won't sell. One thing they can do and I expect them to do is sue for their commission. Another thing they can do is bar them for life from their system, which I'm told is being done. Domo

I think there is only so much an auction house can do if a seller won’t sell.

One thing they can do and I expect them to do is sue for their commission.

Another thing they can do is bar them for life from their system, which I’m told is being done.

]]> By: Domo Sapiens http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45488 Domo Sapiens Thu, 03 Jun 2010 17:34:46 +0000 http://www.thedomains.com/?p=8869#comment-45488 MHB: remember when you posted about your first sedo auction? and the comments about dead beats? you were quite skeptical... their system is quite faulty, yeah... and all other auction houses but you will be suprised (or not) on Sedo ratio on non-payers.. MHB:
remember when you posted about your first sedo auction?
and the comments about dead beats? you were quite skeptical…
their system is quite faulty, yeah… and all other auction houses but you will be suprised (or not) on Sedo ratio on non-payers..

]]> By: Seller Defaults In Sedo.com Auction of 7 Domains For A Total of Almost $200K | Domaining Manual http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-45477 Seller Defaults In Sedo.com Auction of 7 Domains For A Total of Almost $200K | Domaining Manual Thu, 03 Jun 2010 17:00:33 +0000 http://www.thedomains.com/?p=8869#comment-45477 [...] Last month we wrote about 7 legal domains that sold at auction at Sedo.com for almost $200K. [...] [...] Last month we wrote about 7 legal domains that sold at auction at Sedo.com for almost $200K. [...]

]]> By: Stephen Douglas_Successclick.com http://www.thedomains.com/2010/05/10/one-of-the-best-set-of-law-domains-to-hit-the-markets-sold-this-weekend-on-sedo-com-for-200k/comment-page-1/#comment-44264 Stephen Douglas_Successclick.com Fri, 28 May 2010 09:31:08 +0000 http://www.thedomains.com/?p=8869#comment-44264 @Em-Bee I understand the "huge volume" of domains that SEDO controls, but we're talking about a system that can easily be implemented by their coders that push any domain name that is bid on for over, let's say, $3,000 - into a forced domain transfer by the seller to the Auction site's "holding registrar". The reason for this is obvious, which makes it even more important for SEDO to address. Moniker/Snapnames has realized this and makes it pretty easy. Now if Moniker by itself would force this on its private or extended auctions, then they would complete that "confidence" needed for buyers. I had a client that needed to complete a Moniker auction purchase where the seller wouldn't give up the name. I made a few calls, emails, and found out some inside issues to satisfy both parties... and the domain was released. But my time was paid for, and although that's good for me, it shouldn't be required for someone who buys a domain at an auction with good intent, and gets ripped. You should TRUST that the auction site has your back. Period. Why leave the onus of obtaining a domain you bid on, with YOUR money, and agreeing to SEDO's sale TOS, (where they get a % of the sale) but get no warranties or guarantees in the deal? SEDO should protect THEIR business model of "selling domains by auction or listing" if they want to get that 10,15, 20% commission. What's getting tiring is seeing all the domain selling websites and services, including live auctions, NOT doing anything to "categorize" or seriously market the domains they are brokering. Where's their work to justify their refcomm? If anything, SEDO and the rest, Afternic, Snapnames, TDNAM (what the hell is that?) should GUARANTEE that if a domain name is bid on by their customers, that domain name WILL BE OBTAINED for the highest bidder. Yeah, we have a long way to go to reach truly "professional" systems for doing big business domain sales. I think that anytime when a company wants to sell domains, and if they're main business is doing this (not talking about a simple newsletter listing of domains for sale), then these businesses should secure the domains that reach a certain "price point". Yes? @Em-Bee

I understand the “huge volume” of domains that SEDO controls, but we’re talking about a system that can easily be implemented by their coders that push any domain name that is bid on for over, let’s say, $3,000 – into a forced domain transfer by the seller to the Auction site’s “holding registrar”. The reason for this is obvious, which makes it even more important for SEDO to address. Moniker/Snapnames has realized this and makes it pretty easy. Now if Moniker by itself would force this on its private or extended auctions, then they would complete that “confidence” needed for buyers. I had a client that needed to complete a Moniker auction purchase where the seller wouldn’t give up the name. I made a few calls, emails, and found out some inside issues to satisfy both parties… and the domain was released. But my time was paid for, and although that’s good for me, it shouldn’t be required for someone who buys a domain at an auction with good intent, and gets ripped. You should TRUST that the auction site has your back. Period.

Why leave the onus of obtaining a domain you bid on, with YOUR money, and agreeing to SEDO’s sale TOS, (where they get a % of the sale) but get no warranties or guarantees in the deal? SEDO should protect THEIR business model of “selling domains by auction or listing” if they want to get that 10,15, 20% commission.

What’s getting tiring is seeing all the domain selling websites and services, including live auctions, NOT doing anything to “categorize” or seriously market the domains they are brokering. Where’s their work to justify their refcomm?

If anything, SEDO and the rest, Afternic, Snapnames, TDNAM (what the hell is that?) should GUARANTEE that if a domain name is bid on by their customers, that domain name WILL BE OBTAINED for the highest bidder.

Yeah, we have a long way to go to reach truly “professional” systems for doing big business domain sales. I think that anytime when a company wants to sell domains, and if they’re main business is doing this (not talking about a simple newsletter listing of domains for sale), then these businesses should secure the domains that reach a certain “price point”.

Yes?

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