Sedo has announced the increase of its domain listing price cap, from $10,000 dollars to $50,000 USD.
Until recently, the lower listing threshold for domain auctions without prior authorization created a lot of red tape for Sedo; with the new limit in place, every Sedo customer can add domains priced up to $50,000 dollars to their portfolio.
The increase will provide domain sellers and buyers with more flexibility, along with faster-to-market times.
An announcement from Sedo shared the following about the background of this change:
“Domain names are an ever-increasing valuable asset. Since we first added the $10,000 dollar limit, it has been more common for sales to reach the five figure range and beyond. As such we have been conscious of this and will react accordingly to the changes in perception of domain name values.”
The new limit will allow bidders of the ongoing Sedo Great Domains auction to bid higher as well.
For more information, visit Sedo.com.
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