Starting tomorrow and running through the end of 2019, Sedo will be doing away with the Minimum Fee for all Category I domains* sold through Sedo! Additionally, the minimum bid of $90 previously required by the buyer when bidding at Sedo, will be lowered to $20.
Sedo gave an example below:
Benefits for both Domain sellers and buyers:
- Sellers: Earn more net profits from domain sales priced on the lower end of the price spectrum, i.e. the 3-digit range.
- Buyers: Bids start at just $20 instead of $90 creating more purchase opportunities for all budgets.
Example of a sale with the new promotion in place:
You sell your domain for $100:
a) The domain had a Buy Now price AND was parked at Sedo AND the buyer came from the Sedo platform: There is only 10% commission, so $10. You earn $90. With the minimum fee eliminated, you earn $50 more!
b) The domain was bought through a negotiation or via auction on the Sedo platform: There is only 15% commission, so $15. You earn $85. With the minimum fee eliminated, you earn $45 more!
c) The buyer came from a SedoMLS partner site: There is a 20% commission, which is $20. You earn $80. With the minimum fee eliminated, you earn $40 more!
This means: For a domain sale of $100 you earn between $80 and $90, instead of $40 like in the past. In all three scenarios, you earn at least twice as much as before.