Why You Might Want to Make Your Sedo Listings Buy It Now
I don’t love having buy it now prices on my domain names, but I want to share a reason why you might consider changing your current listings to buy it now. Keep in mind this applies to domain names that have received offers via Sedo in the past.
Back in 2010, I bid on a domain name that was listed on Sedo. I didn’t even receive a reply from the owner with a counter offer. The bid thread expired without any further dealings.
Yesterday evening out of the blue, I received the following email from Sedo:
Thank you for your interest in the domain name [redacted].
We would like to inform you of some great news. The owner of the name you are interested in has set a Buy Now price for the name. That means that you have the ability to purchase this domain with no negotiation necessary!
This is the opportunity that you may have been looking for; no pressure, no haggling, and no wondering if your offer will be accepted. Simply agree to the price and the domain is yours.
The domain name was listed for sale at a reasonable price, and I bought it. Had I not received the email, I likely wouldn’t have known about the price change, and I probably would have been surprised if it had sold for that price and was reported on DN Journal.
If you have domain names that received offers on Sedo in the past, it might be a good idea to make them “Buy It Now” listings – even if it’s only for a short period of time. Sedo will automatically ping the companies and people who made offers on the name in the past, and perhaps you’ll close a deal.