Low-ball offers now must be a bit higher.
Domain name marketplace Sedo is increasing the minimum offer people have to make on a domain name as well as the minimum commission sellers pay.
Effective April 9, the minimum offer for most domains will increase from $60 to $90 (or EUR) or 75 GBP. Sellers will pay at least a $60 commission on all sales.
The minimum offer price will likely be greeted positively by those people frustrated about getting $60 offers on their domains. I’m not sure that $90 will feel much better, though. Sellers can always set whatever minimum offer price they’d like.
Afternic recently made the opposite move, lowering minimum buy now prices to $50 and minimum offer prices to $20. Both had been a rather high $250. Afternic charges a minimum commission of $15.
SOfreedomains says
This should be taken into consideration by sellers when fixing their sale prices.