ABC.io in #Sedo auction after $50k bid – A chance for higher selling price?

The domain ABC.io has received a $50,000 dollar bid on Sedo. The domain’s registrant had the chance to take the offer, or counter higher.

Instead, they sent ABC.io to a Sedo auction.

Lasting 7 days, such Sedo auctions are great when there is potential to involve other parties in a bidding war. But the seller has to do plenty of outbound sales pitching.

Not to mention that “ABC” is also a trademark. Expanding the pool of parties involved in an auction can increase the chances of a C&D and even a UDRP.

So did the seller simply waste time and risk a sale, or was it a fair, smart response?

Let’s have a poll. 😀

Would you have taken the $50,000 offer outright?

• Yes! It's crazy not to
• No! I would have countered though
• No! Sending it to auction was the smartest choice

View Results

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