They inquired through private message about listing a domain for auction on Sedo. I thought this information could be helpful to many others as well. Here's what I've gathered:

Sedo has three types of auctions available - marketplace, premium, and occasional. Marketplace auctions take place daily and last exactly 7 days. You can list any of your domain names for auction here and if someone makes a bid that you're comfortable with but you want to test the waters, you can try to draw more buyers and receive higher bids. If no one matches or beats the original bid, then the domain is sold to the first bidder who made the original offer.

Great Domains/Premium Auctions are exclusive auctions where only high-end domains are listed. They usually happen once a month and require you to reach out to technical support with a request for your domain to be considered for auction. These auctions also last 7 days.

Occasional Auctions are less frequent and can be without minimum prices, based on country or domain zone, or centered around a certain industry like travel or recreation.

Sedo acts as both a marketplace and broker for domain name sales, providing a platform for sellers to list their domains at a fixed price. It's similar to putting your car up for sale in a dealership with a price tag on the windshield. If you receive a bid that you're comfortable with, you have the option to start an auction and try to get a better offer.

All domain names are initially listed in the catalog, categorized by topic or category, and are available for sale unless you manually move them to "not for sale" status in the panel.

I'm curious if anyone has experience buying domain names on sedo.com. I recently applied to purchase a domain for $70, but after waiting 6 days, I received an email with two options: extend the auction period for an additional $60 or raise the bid and wait indefinitely for another offer.

I expected instructions on how to finalize the purchase since I was the only interested buyer, yet I received these two options instead. Has anyone else had a similar experience? How long does it typically take to acquire a domain name on sedo.com? Is it possible to buy it without raising the bid?

You'll need to add your domain to your Sedo account, to do this, click on "Domains" in the top navigation bar, then click on "Add Domains", enter your domain name, and select the registrar where your domain is currently registered, Sedo will then send a verification email to the admin email address associated with your domain, you'll need to click on the verification link in that email to confirm that you own the domain.

After your domain has been verified, you can create a new auction listing, to do this, click on "Auctions" in the top navigation bar, then click on "Create Auction", select the domain you want to list from the dropdown menu, and choose the type of auction you want to create, Sedo offers a few different types of auctions, including a standard auction, a fixed price sale, and a make offer sale.

For a standard auction, you'll need to set a start price, a reserve price, and an end date for the auction, the start price is the minimum price that you're willing to accept for your domain, the reserve price is the minimum price at which the auction will be considered successful, and the end date is the date and time when the auction will close.

You'll also need to add a description of your domain, this should include any relevant information about the domain, such as its age, its traffic statistics, and any revenue it generates, you can also add screenshots or other images to the listing to help attract bidders.

Once you've created your auction listing, it will be reviewed by Sedo's staff to make sure it meets their guidelines, this usually takes a few hours, after your listing has been approved, it will go live on the Sedo website, and bidders will be able to place bids on your domain.
It's also worth noting that Sedo charges a commission on the sale price of the domain, this commission varies depending on the type of auction and the sale price, but it's typically around 10-15% of the sale price.