Sedo : Dealing with well-known domainers on neutral platforms

Today’s most established domain investors span about 25 years of trading domain names for profit, if we account for a 1995 launch of the commercial Internet. Hello, Rick Schwartz!

Some of us began their journey a bit later on, and are close to clocking two full decades of active domain investing. Activity status isn’t gauged by a person’s age, but by how long they’ve actively delved in domains.

Others are just now completing their fourth or fifth rotation around the domain sun, and the domain investor universe is growing rapidly.

With that in mind, I recently completed a domain acquisition using Sedo. The domain was listed with the same BIN price on Sedo, Afternic and SAV; I wanted to test the latter, but in the end I went for the good old faithful, as I’ve been a Sedo member since 2004. I’m a very light user of Afternic, but this will be changing now that Uniregistry portfolios are being listed there.

During the exchange of messages with the Sedo system, I was told not to worry because the seller is a “well-known” domain investor. Upon checking the seller’s details, I realized that he’s among the top echelon of domainers, due to his ability to roll out successful projects.

Upon paying, I received the auth code quickly, and then waited the full five days for the transfer to complete. My seller didn’t approve the transfer out manually, and that’s ok. I wanted to experiment with how immersed a seller of this caliber would be into the exchange. It seems that once on autopilot, domain portfolios of busy investors are left solely in the hands of domain selling venues.

I could not have reached out directly to them before the sale, due to WHOIS privacy. And I decided not to bug them during the sale, despite being LinkedIn contacts. I wanted to have a neutral experience, on a neutral platform and wasn’t particularly rushed about it.

It’s good seeing Sedo handle the domain exchange process as smooth as ever.

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