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Buying domain name for $ 6500 on Sedo

Started by Abhinavjain, Jul 06, 2022, 04:40 AM

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AbhinavjainTopic starter

I want to buy a domain for $6500 and want to follow the usual process. Can someone help me with the following questions:

1. If I pay for the domain from a different payment method than what is indicated on the Sedo invoice due to incorrect buyer data, will there be any issues?

2. Sedo rules state that invoices above $5k are in pdf format which is difficult to pay. Can the invoice be split for card payment? Also, are there any other payment methods available apart from the pdf invoice?

3. What is the best process to acquire the domain if the data on the Sedo account is incorrect? Can I push it to another registrar after acquiring it?

4. Which registrar would you recommend for transferring a .com domain related to cаsino, pоker or sports betting? Which one provides insurance against abuse?
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Bravoman1

1. It is not going to happen.
2. They will not divide the bill.
3. Push can only be done within the same registrar. Once your payment is verified and the domain is received from the seller, it will be transferred to your account with the current registrar. You will be able to take any action you want with it. The transfer will take 60 days as the contact details change.
4. You may consider giving internet.bs a try.
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MY

Sedo offers four payment options for their services: PayPal (up to $10k), Wire Transfer (any amount), Direct Deposit (ACH) and paper receipt. According to my experience, getting a voucher is the most convenient option.

Before listing on Sedo, you should evaluate your idea upfront.

1. You will be charged $7 for "certification" to confirm your data.

2. It is not possible to sell a domain name for less than $60.

3. The Sedo commission ranges from 10% (for buy-it-now) to 15% (20% for SedoMLS) but will not be less than $50.

4. If you decide to use the Sedo Escrow service, there will be an additional 3% charge, but it won't be less than $50.

In other words, it's worthwhile if you have an exceptionally good domain name. If you participate in thematic premium auctions, you can earn good money. But in most cases, it makes more sense to sell your domain name within your network, on forums or on domain name websites.
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femalex

1. Paying for the domain from a different payment method than the one indicated on the Sedo invoice is generally not recommended, as it can cause issues with the transaction processing and ownership transfer. The Sedo invoice is specifically generated for the buyer's registered payment details, and using an alternate method may raise red flags or cause delays in the sale process. It's best to use the payment method on file to avoid any complications or potential disputes down the line. Sedo has robust anti-fraud measures in place, and deviating from the specified payment details could be seen as a suspicious activity, leading to the transaction being delayed or even canceled. To ensure a smooth and efficient domain acquisition, I would strongly advise you to use the payment method indicated on the Sedo invoice.

2. Sedo's policy of requiring PDF invoices for transactions over $5,000 is a security measure to ensure the integrity and traceability of high-value domain deals. While it may be inconvenient, there are usually ways to accommodate the payment. I would suggest reaching out to Sedo's customer support team to inquire about the possibility of splitting the invoice for card payments or exploring other available payment options, such as wire transfers or escrow services. Sedo's team should be able to provide guidance on the most suitable and secure payment methods for your specific situation. It's important to note that Sedo's policies are designed to protect both buyers and sellers, and adhering to these guidelines will help ensure a successful and compliant transaction.

3. If the data on your Sedo account is incorrect, the best approach is to proactively update the information before initiating the domain purchase. This will help ensure a smooth transaction and avoid any delays or issues during the acquisition process. Once you've successfully acquired the domain, you can typically transfer it to another registrar of your choice, provided you follow the appropriate transfer procedures and adhere to any applicable policies. However, it's crucial to ensure that the registrant information is accurate and up-to-date throughout the process to avoid potential complications, such as disputes or domain suspensions. Consult with Sedo's support team or an experienced domain broker to navigate the process seamlessly.

4. When it comes to registrars for domains related to cаsino, pоker, or sports betting, it's essential to choose a provider with extensive experience and a strong reputation in handling high-risk domains. I would recommend considering domain registrars like GoDaddy, Namecheap, or Epik, as they have a proven track record in this industry and often provide additional security features and abuse prevention measures. These registrars may also be able to advise you on the best practices and regulatory requirements for domains in the gambling and sports betting niche.
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