Posts Tagged ‘bidding war’

Low Reserves on Sedo

Posted in Auctions, Sedo on July 15th, 2008 by Michael – Be the first to comment

Sedo is notorious for making sellers pick low reserves to “encourage more bidders” and while it sometimes work, frequently there aren’t enough bidders in the first place, so names end up with low prices. This mostly refers to GreatDomains auctions.

Next GreatDomains event has these names in the list, among others:

Attended.com no reserve
Calcium.net $1-$499
Debbie.net no reserve
Doctor.net $5,000-$9,999
Illicit.com $1,000-$4,999
Doorway.com $1,000-$4,999

Now some of these reserves are just ridiculously low, someone will get bargains!
I think low reserves only hurt the sale, there should be either no reserve at all, like on snapnames and bido, or a fair reserve like there is usually in TRAFFIC auctions and good sedo auctions. Low reserves will just reduce the domain’s value in the eyes of the buyer. A quick example is when I recently sold my coriander.com for just $5100 on greatdomains auction with reserve $5k, after it went up to $9k on a sedo auction previously, shy of reaching its reserve. There are simply not enough bidders to create a bidding war to get the price up, especially now due to summer, recession, election, global warming..

Fehu.com vs. Rihu.com

Posted in LLLL.com, Opinions, Sedo on April 22nd, 2008 by Michael – 5 Comments

I was just checking the recent sales of cvcv.com at tdvr.com and noticed a strange thing.

rihu.com $1,566.00 Apr/16/08 04:00 PM EST Sedo
fehu.com $3,000.00 Apr/14/08 10:53 PM CEST Sedo

Both sold on sedo, same week, almost same letters and similar quality, yet such a big difference in price, why?

“Fehu” has 162K results in google and there is a developed site over at fehu.org, with alexa below 1 million, so it has some traffic. It also seems to have some mystical meaning, but that can hardly contribute much to a reseller price. read more »