I noticed something odd with Sedo’s Commission fees for a Domain Name sale at Sedo.
I parked a domain recently with Sedo. Surprisingly got an offer of $120 which i countered. The prospective buyer made a second offer of $450 after a couple of days.
Sedo’s fees is “$50 or 10% Sale Price whichever is greater” as i parked this .com domain only recently. Sedo also says “No minimum fee if the domain is parked with Sedo; only the flat 10% rate applies”.
For the first and the second offers the Sedo fees listed in my Sedo account was as follows.
For the offer $120 – $50 is the Sedo fees
For the offer $450 – 10% of Sale Price i.e $45 is the Sedo fees
I found it a bit odd. After a bit of thinking i came to the following conclusion.
When the first offer of $120 was made the domain was in the “$50 or 10% of Sale Price” slab. Hence they calculated the commission fees as $50.
After two days when the second offer of $450 was made the domain moved into the “No minimum fee. Only 10% flat fee” and hence the commission fees of $45.
Tags: Sedo
