Sedo’s monthly Great Domains auction for May is concluding in a few hours, and there are 233 domain names up for auction this month. At the time of this post, just over 100 of the auctions have bids on them, although many have not yet hit their reserve prices. There are quite a few ccTLD domain names in this auction.
I want to share 5 of my favorite domain names from this auction, with the reserve price range taken into consideration. I may bid on one or more auction.
As I’ve discussed in the past, there are a number of ways people can list domain names for sale at Sedo. They can request offers, post a “listing price” that doesn’t have to be in the ballpark, they can have a buy it now sales price, and they can also have my favorite type of Sedo listing, which I’ve shared an image of above.
There are a couple of things I like and respect about this type of sale listing.
First, I can buy it for the listed price, no questions asked. I don’t have to inject myself into a possibly frustrating negotiation, and I don’t have to hope that the buyer honors the price he is asking. If I click the buy now button, the seller and I are locked into a contract, and I can take him to court if he backs out.
Second,
There are many things I like about Sedo, especially the people who work there. Two things frustrate me about the platform. The first point of frustration is the send to auction feature that I wrote about before. I strongly dislike that someone can make a private negotiation public, allowing others to participate. Others have like it, especially sellers, so that’s probably more of a personal opinion.
The second area of frustration for me is how Sedo’s “Listing Price” feature can easily be disregarded. When I see a Listing Price somewhere, I expect that to be similar to the asking price, which to me anyway, translates to what the owner wants for his or her domain name. I would expect this means that if I am willing to pay the listing price, that I will be able to buy the domain name. On Sedo sales threads
Just co-brokered breathalyzer(.)com for $115,000 with Steve Smith of Domain Holdings!!Congratulations to buyer and seller!!
— dave evanson (@SedoDaveEvanson) April 16, 2013
Sedo and Domain Holdings are two of the best domain brokerages, helping to broker millions of dollars in annual domain sales. More often than not, these two companies work independently on behalf of their clients.
Sedo broker Dave Evanson just tweeted that the two companies worked together to co-broker the domain name, Breathalyzer.com, which sold for $115,000. Dave Evanson worked with Steve Smith from Domain Holdings to secure the deal.
The transaction is still in escrow at Sedo, so the buyer isn’t yet known. The seller appears to have been longtime domain investor Roy Messer.
It’s great to see companies like Sedo and Domain Holdings working together to help their clients close deals. I am sure all parties are happy with the outcome of this transaction.
This is a guest Post by Dave Evanson, Senior Domain Broker at Sedo. I asked Dave to write about the differences between working with a large domain name brokerage and an independent domain broker. Previously, Andrew Rosener wrote an article about the benefits of working with an independent domain broker.
There are certainly some capable independent brokers in this business, and I commend them for their ability to deliver for both domain buyers and sellers. However, even though there are situations where an independent broker’s services may be preferred to those of a large brokerage firm, there are some crucial benefits to working with a large firm. Having been an independent broker myself, I joined Sedo knowing that the vast resources the company has at its disposal would enable me to get better results for clients. At the end of the day, working with Sedo, I have better tools and more time than I would working independently, and so I get higher prices for sellers and great deals for buyers.
First and foremost, Sedo has the largest and most comprehensive
