Sedo.com, announced today its partnership with Boston Ivy domain registry for an upcoming auction of new gTLD premium domain names.
The online auction, which will run from 27th October until 3rd November 2016, will mostly feature financial domain names, reflecting four of Boston Ivy’s six Top Level Domains -.markets, .trading, .forex and .broker.
However the list of 45 names also includes some appealing web addresses for other sectors – eg food.markets, property.markets and oil.broker. The auction platform can be accessed via bostonivy.auction.
Alastair Hine, Boston Ivy’s Managing Director said in the press release:
“Premium Domains such as forex.trading, top.broker and exchange.forex offer a unique opportunity for those that operate in the highly competitive industry of online financial services to rise above the noise with a highly specific web address. This auction is a one-time chance to secure a memorable and meaningful domain for your business”.
I see Mike Berkens dropped Private.School, I guess you didn’t feel like pay $800 per year gtld renewal anymore.
The sedo page makes no mention of renewals, they could be $60,000 per year, this is nonsense, this is not a guessing game anymore.
Names listed on SEDO are the renewal price, least for the current lists.
Negotiated a .markets down to a renewal of $160, which seems to be their bottom line, not that you have a clue about renewal costs unless you specifically ask about renewal costs.
The problem is in transferring.
A registrar that supports the extension does not support premiums, this may change once the registry works out what they are doing.
In the meantime the registry recommends another registrar which charges in excess of what they stated the renewal will be ($600 vs $160)
SEDO holds you to your agreement to purchase and won’t refund the purchase until you work out the transfer by either using the recommended registrar or negotiate with another registrar to provide a service they are apparently incapable of providing because the registry hasn’t determined what they are doing on that front or if they do know, are themselves not able to negotiate with the registrar.
I negotiated for a domain I don’t think I will ever get and be out of pocket for the couple of hundred dollars I already paid which is held in SEDOs escrow
I no longer trust SEDOs escrow nor am I comfortable with the registry in question and am currently re-evaluating my position on standard priced domains from them.
Hoping I am wrong, but the longer this takes the more annoyed I am getting.
*won’t refund period as you are held responsible for final transfer (obviously if you achieve transfer, you won’t get a refund) apparently
We have been working with Verisign, our backend provider, to implement a registry fee extension to the EPP for our domains, including our premium names. This will be in place within a month and will facilitate the handling of domains with our registrars and hopefully resolve any premium name transfer issues that have been seen so far. Apologies for any inconvenience to date – it has been very frustrating for us as well.
Our standard premium name renewal policy – which is available on our website bostonivy.co – is that premium names are renewed at the premium price paid, unless agreed otherwise with the Registry. And for this auction with Sedo, which is running 27 Oct to 3 November, the domain renewal price will be at the general registration price, and not a premium fee renewal. This is typically the case for any auctions that we will run.
Hope that helps.