Comments on: Show me a broker and I’ll show you the money

By: Mike

Mike — Sat, 20 Jun 2009 23:21:23 +0000

At least with Sedo there’s a reasonable amount of safety and security, and beyond their high cut you know how much the acquisition will cost. I’ve dealt with a couple of ‘brokers’ specialising in domains after ‘the drop’ e.g. when a domain has expired.

With those guys you have no visibility or transparency, and they’re almost certainly shill bidding.

By: Abdul

Abdul — Sat, 10 Nov 2007 11:06:38 +0000

I personally don’t like brokers although they provide a lot more security, mainly for their high percentage fees.
Nice list of one word domains there. They certainly are worth a bit.

By: Domaining

Domaining — Fri, 09 Nov 2007 22:34:27 +0000

John, it may be the industry standard, and I can’t blame Afternic for charging the same as Sedo, but that does not make it good value for money.

By: Neale

Neale — Fri, 09 Nov 2007 13:07:27 +0000

I started to park domains over at sedo a few months back simply cause i wanted to see what kind of traffic they where getting.

As i have quite a lot I was expecting the odd offer but nothing as you say they could do a lot more.

By: Scott

Scott — Fri, 09 Nov 2007 09:09:28 +0000

I would say that 10% would be expensive for an Escrow, but it would be cheap for a broker, they don’t actually fit the bill as a broker and for that reason I feel there is a gap in the market.

By: John Motson

John Motson — Fri, 09 Nov 2007 08:46:34 +0000

I would have to agree with you only partially.

Yes Sedo has crappy templates, and they are slow, and the interface is pretty dodgy…. but 10% commission?

That seems like a standard in the industry. Afternic takes the same and they don’t do anything more to promote your sales then Sedo does.

By: Dan

Dan — Fri, 09 Nov 2007 00:14:09 +0000

I like this idea, very tempted to put some more thought into it….!

Great post, thank you.

By: Domaining

Domaining — Thu, 08 Nov 2007 20:34:36 +0000

I agree. Sedo is very limited-

the parking pages are very average looking
the PPC revenue is poor
I find the site slow and not as easy to use as it could be

…….and yes 10% is far too much – $100 goes to Sedo for every £1,000 sale. I’m sure there are quite a few high profile domainers who could do well working as brokers in this niche. I’ve even thought about it myself. But only the most experienced domainers are likely to have the skills necessary to make it as a ‘commission only’ domain name salesperson – and they are probably busy running their own successful domain name businesses.

The only ‘good’ thing about the Sedo business model is that you don’t pay until a sale is made.

By: Become A Domain Name Broker | Business Opportunities And Ideas

Become A Domain Name Broker | Business Opportunities And Ideas — Thu, 08 Nov 2007 17:44:55 +0000

[...] over the years I’ve never really gotten into the domaining scene, but Scott over at Self Made Minds suggest that it presents a great internet business opportunity for someone with the right vision [...]

By: Artist

Artist — Thu, 08 Nov 2007 17:32:00 +0000

I have been thinking this is a great place to build a business. Last night I registered http://www.findbusinessdomain.com with a hope of building something more out of it. But knowing me, I will most likely just sit on it and wait for it to expire next year. After spending time looking at sedo, and other middle-players I can see so much room for opportunity here and I wish I could play a part in building it.