For domain sellers, news that Sedo eliminates minimum fees is great news. Case in point, if you sold a domain name for a few hundred dollars in the past, you paid a $60 fee. As you can see, this would hardly be worth the effort to sell a domain through Sedo. However, those days are gone, you only pay a commission now that Sedo eliminates minimum fees on domain sales.
It’s always a good day when a large company like Sedo listens to their customers. So how will this all look at the end of the day? To illustrate, take a look at the following example.
#1 – Before the elimination of the fee: You could sell a domain name on Sedo for $100, you would pay Sedo $60 and profit $40 (minus the registration and any hosting fees).
#2 – After the Sedo minimum fee: You sell a domain on Sedo for $100, you now pay a commission at 10%, so you profit $90 (minus the registration and any hosting fees).
It doesn’t take a rocket scientist to see that a $90 is better than a $40 profit.
With that being said, will you start to list more domain names through Sedo? Send us a message on Twitter, and let us know @jasonbpedersen or on Facebook at BrandableDomainGuide.
As always, you can read our other related website domain auction news by clicking here.
