Sedo: Sold, pushed and credited in 23 minutes
Yesterday I witnessed an example of Sedo’s efficiency in completing domain transactions on their marketplace, at Sedo.com
With $23 million in domain sales during the first quarter of 2010, Sedo remains the #1 place to buy and sell domains in the secondary market.
But back to the sale of a two-word compound .com
The $x,xxx offer was made at 2:49pm and a few minutes later I accepted it. Apparently, the transaction manager was checking his email quite often. By now Sedo knows that when I purchase domains, I pay swiftly; when I sell, I have the same high expectations from the buyer 
The buyer paid promptly and Sedo informed me to push the domain to their escrow account. Minutes later I did just that and also created the invoice that the buyer had requested. Sedo confirmed the domain was in their account and created a credit note.
Sale completed – easy like 1-2-3.
Total time from placing the accepted offer to payment to my account: 23 minutes.
Once again, I’m very impressed by Sedo and looking forward to the SedoPRO conference in Boston at the end of the month!
August 18th, 2010 at 12:49 am
I have generally found SEDO transactions to be pretty fast with delays more often being the fault of the buyer who isn’t familiar with the domain transfer process.
August 18th, 2010 at 5:04 am
I am waiting 3 days for sedo to confirm me that payment is arrived in escrow, I am in contact with buyer and he send me proof of payment that was made 5 days ago. Different account manager obviously.
August 18th, 2010 at 7:14 am
@Stefan
It is my understanding that escrow managers handle these transactions, not your account manager. You should call Sedo and inquire. Good Luck!!
August 18th, 2010 at 8:19 am
Sweet! I was happy with a less than 24 hour transaction so I guess I have to expect more now
Congrats as it is nice when it goes that fast but it takes all three (seller, buyer and Sedo) to make it happen and that is the biggest factor.
August 18th, 2010 at 11:32 am
It’s absolutely impressive for the ownership transaction in Sedo,
too bad i haven never get a bid for 4 figures.
Good luck for the sale though.