54

Sedo Not The Company I thought it was… Perfume.org canceled

Posted September 20th, 2007 by Jeremy Schoemaker

So I just got a call from sedo.com reguarding the perfume.org auction. (guess who was the top bidder ya it was me)

They said they apologize but they are going to have to cancel the auction on perfume.org.

Here is what the dude told me. There was this thread on dnforums where the user posted it and put a Buy it now price. After getting a few offers the user decided to close that Auction and post it on Sedo.

After I posted the Auction someone went to dnforum and since the thread was still live they claimed the BIN (buy it now) price.

Dnforum contacted sedo and had them remove or cancel the auction.

They actually called me 2x to clarify exactly what happened because I think they thought I would post it or something. Imagine that. But guess what I kind of feel like a jackass for having a contest for a domain for sale that now is canceled.

I just thought Sedo was a reputable domain seller where if there was a domain for sale with no reserve… it was actually for sale.

I mean if they will take a auction down just because of some stuff going on at a forum then I am guessing they would for sure take it down if the seller requested which kind of defeats the purpose of a no reserve auction? blah!

Im such a newb at domaining (on this level). I have registered thousands but sold very few on a site like this most of the domains we have sold have been mass quantity .

We will figure out another way to do the contest…. (OR maybe the lowest bidder should win since it sold for 0 on that auction??)

Disclaimer

Before acting on this post, be sure to read my Disclaimer.

- Comment Likes - Comment Dislikes

54 comments. What say you?

  1. Good Comment?
    mark

    today… sedo announce ” last mobi aution ” void before of their server problem

    and I wonder what will be their next move

  2. Good Comment?
    MyGoodFinds

    they just wanted you to blog about it?

  3. Good Comment?
    Neon

    as a buyer, we always hoped to get a good deal.
    at sedo, when we trying to purchase domain even with listed fixed price there, as long as seller dont like the price at that moment, he can still reject. nothing can be done about that and sedo cant really enforce anything. buyer will feel frustrated.
    unless there is some sort of contract which states, once price reached a certain reserve, it cannot be withdrawn and must be sold…

  4. Good Comment?
    tommy t

    i saw the domain name bitched.net for sale on sedo. that is a pretty good name for a new blog. you should pick that one up.

  5. Good Comment?
    Neil Duckett

    Agreed, Sedo play funny buggers all the time.

  6. Good Comment?
    CatherineL

    That’s a shame – it would have been nice to see how much it would have made.

    Beauty Girl – Etextiles is not a bad domain – at least it’s quite easy to remember – but I did read that 8 letters or less is more valuable. Anyway – I suck at choosing domains so I’m probably not the best person to ask.

  7. Good Comment?
    Joeychgo

    I am curious also

  8. Good Comment?
    Beauty Girl

    Hmm .. dude unable to make out what you wish to state … Care to elaborate ?

  9. Good Comment?
    Beauty Girl

    I have recently started domaining a lot … Have already got some good domains with GREAT age and authority …
    What do you think should be the value of Etextiles.com ?

  10. Good Comment?
    Jonathan Volk

    Any updates on this issue with sedo?

  11. Good Comment?
    Bulbboy

    The new buyer must be trying to capitalise on the current interest / screwup and hoping for a quick flip.

  12. Good Comment?
    Brian

    I’m wondering why it’s back up for sale on Sedo. Doesn’t make any sense if it sold for that $24,000 bin (unless the buyer is already trying a resell).

  13. Good Comment?
    Kyle

    Sedo has yet to impress me. Sure, they have a huge database of high-quality domains, but what’s that worth when they make stupid mistakes like this. I have (and never will) sell my domains on Sedo… I hate the idea that Sedo charges 10% for doing nothing.

  14. Good Comment?
    Bulbboy

    Sedo can suck both ways. and it wasn’t even for very much, but repeated attempts to contact the buyer went unanswered. I thought these things were supposed to be legally bound? Obviously not.
    >.

  15. Good Comment?
    Grivon

    So my somewhat jokingly “$1 bob” comment was right?!?

  16. Good Comment?
    Jim Spencer

    It sounds like Sedo didn’t know everything about the seller’s activities with the domain.

    Outside the auction space, just selling a domain at Sedo is not a binding commitment. You are not required to sell the domain. Some folks put domains for sale just to see at what level the fish will bite.

    Hey, at least they told you what happened and you got a free education. They could have just as easily told you that the seller removed the domain from the auction and it is no longer available.

  17. Good Comment?
    Monty

    I agree with Robert G, this isn’t Sedo’s fault, I think they went out of their way to help clear things up, they don’t have the authority to force a transfer of the domain to someone else, seems like the seller and dnforum are the bad guys here, not Sedo.

  18. Good Comment?
    Kanute

    “Non si piange sul latte versato ” an Italian would say

  19. Good Comment?
    Jonathan Volk

    Wow this reminds me sorta of my experience with Milliondollarwiki. Got shafted out of a page even though I bought it first.

    http://forums.digitalpoint.com/showpost.php?p=4475357&postcount=8

  20. Good Comment?
    Credit Card Offers

    This is too bad. This is unprofessional on the part of Sedo.
    I just hope I dont face any problems while selling my domains. I have a few domains up for sale on Sedo.

  21. Good Comment?
    Tracy Robinson

    I was gonna guess $27000, did I win?

  22. Good Comment?
    Robert G

    Try Namedrive.com

  23. Good Comment?
    maurizio

    No one wins because even 1$ is more than 0 and you said that the winner is who the nearest amount but not more than the amount paid. Ok. my english is bad so:
    $amount_paid = $_GET['amount'];
    $guess = …;
    $winner = 0;
    while ($guess as $gu => $i) {
    if ($gu $winner)
    $winner = $gu;
    }

    Ok. maybe it’s not a correct PHP syntax but I’m so bored that I wanted to post it without checking.

  24. Good Comment?
    BrendanC

    I recently had the pleasure of purchasing a domain listed at Sedo. The seller accepted my bid and then Sedo took the money from me via Paypal. Two days later Sedo emailed me to say that the seller wasnt the registered owner of the domain so the sale couldnt go through.
    Then it took a full month for me to get my money back from Sedo, when all it really takes is to click the refund button in Paypal.

  25. Good Comment?
    lyricsreg

    “called me 2x to clarify exactly what happened” … they were scared, and they should be ! :)

  26. Good Comment?
    Joeychgo

    that really sucks Jeremy

  27. Good Comment?
    Deepak Dutta

    I have a few domains parked at sedo. I don’t know where else to park it.

  28. Good Comment?
    Travel Notebook

    Wow sedo sucks. No way they should have canceled a no reserve auction.

  29. Good Comment?
    The Dino

    Well I think it is good since the seller had kind of deal with DNforum when he put price there… But on the other hand I would like to get also as much as possible and I think Sedo would get more money for him.

  30. Good Comment?
    Word Hugger

    DP + sitepoint > sedo.

  31. Good Comment?
    jim

    It already sold to someone else I would think? that’s why it was canceled in the first place…

  32. Good Comment?
    jim

    What a joke but not much Sedo can do right? What happens on eBay? Same thing…

  33. Good Comment?
    Lee Dodd

    I got the same call from a guy named Brian. I had placed a bid as well, so I guess they contacted all the bidders.

  34. Good Comment?
    LeGo

    $24,000 according to the link posted…

  35. Good Comment?
    LeGo

    I was going to bump it up to 3 g’s before end of day. Then thought of how high I would actually go. I guess someone got it at the $24,000 buy it now. I wouldn’t have gone that high.

  36. Good Comment?
    doolally

    Dnforum contacted sedo and had them remove or cancel the auction.

    Was it Dnforum or the user on Dnforum who cancelled the auction? It seems a bit strange dfn acting on the users behalf

  37. Good Comment?
    Robert G

    What was the BIN price? Can you tell us your bid?

    I don’t see what SEDO could do in this situation. The owner has control of the domain. They can’t force the owner to sell it unless the domain was transferred to them, like using escrow. SEDO is a good company. And this is a tough situation.

  38. Good Comment?
    Theo

    Can’t you contact the seller, and buy the domain from him?

  39. Good Comment?
    CPA Affiliates

    Thats crazy man I was getting ready to bid on it :) as i could pass it up on sedo.

  40. Good Comment?
    Mike Mothner

    At least now the rest of us can be more wary when considering where to bid for domain names. It seems to me that there must be a more dependable way to ensure that you are working with a legit company that won’t pull this type of stuff. Better luck next time!

  41. Good Comment?
    Nick Sullivan

    I think I should win because although it went for 0 and I said $4,500 which wasn’t the lowest probably either. I should win anyway. Just because… I sort of… want to win like. So… yeh.

  42. Good Comment?
    webprofessor

    dnforum isn’t exactly a great place either.

  43. Good Comment?
    Justin

    Sedo sucks.

    Spend a little time around NamePros or DNForum, you’ll see quite a few people saying the same.

  44. Good Comment?
    Eric Lander

    I think I should win, only because I say so. Then, in return, I need to buy something from Amazon that YOU recommend, and I’ll have to provide my unbiased review of it. Think of it as… reinvesting $25 for a product review that you can slap some affiliate links on to make into MORE money.

  45. Good Comment?
    Contest Beat

    SEDO have some extremely bad business practices if you get down to it.

    Looking forward to your next comp!

  46. Good Comment?
    Instant Community

    Well congrats on winning it and losing it Shoe, talk about domaining i am in your newb shoes too. Lol

    Sedo… this post cracked me up.

  47. Good Comment?
    Gecko Tales

    That sucks. Buying used domains can be a total pain. It’s about the only way to get a good name anymore though.

  48. Good Comment?
    Cheapgirl

    Well that sucks. I was looking forward to seeing what you were going to do with it. (I had a feeling that you might have been bidding on it :D )

  49. Good Comment?
    Ken Savage

    bastards! isn’t there something in their use policy that says that someone can pull an auction or every bid is bonded after going in. Then what’s to stop me from dropping my domain in there and pulling it if I don’t get enough for it.

    What would you do with perfume.org anyways, man? i cant think of an affilaites out there selling perfume online in bulk. SRSLY

  50. Good Comment?
    Nick Leavens

    I’d say all ‘bets are off’ – as the domain didn’t actually sell via Sedo. Or, if you can verify that it was sold via the BIN price on the forums, use that amount as the winning amount.

Join the Discussion

*Discount rate good on new registrations only. Credits or refunds cannot be issued on previous registrations. Discount rate good through February 6, 2010, prevailing rate applies after that.