sedo.com domain selling site wants credit card info?

David · 07-17-2009, 05:25 PM

I let a domain go a few years ago, when I got back on my feet again I checked out how much the person who bought it wanted for it.
That figure was too much, out of curiosity I checked again and the asking price went down by half.

The domain name is being offered by Sedo.com

during the process of my making an offer Sedo.com is asking for my cc info, presumably to "certify" that I actually have the money to back up a bid offer.

Does anyone know about or has done business with sedo.com?

I'd hate to find out they are in Russia or some country with no treaty with the civilized world or legal world...

can any one vouch for and warn me off sedo.com?

thanks

jakesellers · 07-17-2009, 05:50 PM

They're fine have done transactions via their setup

ExRat · 07-17-2009, 05:57 PM

Hi David,

I've sold a few domains on there - they use escrow. They're a well known site. The majority of parking pages you see are theirs. Put a site on there and view the templates and you'll probably recognise the lady.

You should have a read of their terms before bidding, just so that you are well informed.

Thomas · 07-17-2009, 06:03 PM

Quote:

Originally Posted by David

Does anyone know about or has done business with sedo.com?

I'd hate to find out they are in Russia or some country with no treaty with the civilized world or legal world...

can any one vouch for and warn me off sedo.com?

SEDO is a very large company with about 200 employees and operates in both the U.S. and Europe. They're a completely legitimate operation. I've bought domains through there and park some with them too.

Tommy.

P.S. - Russia is uncivilised!?

Lawrh · 07-17-2009, 06:27 PM

They don't use your CC to see if you have enough money, it's just to see if you are legitimate. They send a charge and cancel it immediately. Kind of like Paypal.

07-17-2009, 05:25 PM	#1
David Local Google Advertising War Room Member Join Date: Apr 2003 Location: Frederick, Maryland, USA. Posts: 808 Blog Entries: 11 Thanks: 210 Thanked 13 Times in 13 Posts Social Networking Contact Info	sedo.com domain selling site wants credit card info? I let a domain go a few years ago, when I got back on my feet again I checked out how much the person who bought it wanted for it. That figure was too much, out of curiosity I checked again and the asking price went down by half. The domain name is being offered by Sedo.com during the process of my making an offer Sedo.com is asking for my cc info, presumably to "certify" that I actually have the money to back up a bid offer. Does anyone know about or has done business with sedo.com? I'd hate to find out they are in Russia or some country with no treaty with the civilized world or legal world... can any one vouch for and warn me off sedo.com? thanks
	David Bruce Jr of Frederick Web Promotions Maryland Search Engine Optimization \| and Local Organic Search Ranking

07-17-2009, 05:50 PM	#2
jakesellers HyperActive Warrior War Room Member Join Date: Jun 2009 Posts: 164 Blog Entries: 2 Thanks: 5 Thanked 23 Times in 19 Posts	Re: sedo.com domain selling site wants credit card info? They're fine have done transactions via their setup
	Free Email Marketing Software - How to blast on a budget

07-17-2009, 05:57 PM	#3
ExRat Dare To Be Different War Room Member Join Date: Nov 2005 Location: U.K. Posts: 7,553 Thanks: 512 Thanked 1,205 Times in 427 Posts	Re: sedo.com domain selling site wants credit card info? Hi David, I've sold a few domains on there - they use escrow. They're a well known site. The majority of parking pages you see are theirs. Put a site on there and view the templates and you'll probably recognise the lady. You should have a read of their terms before bidding, just so that you are well informed.
	Roger D 'There are no more prizes for predicting rain. There are only prizes for building arks.' Lou Gerstner 'Money can't buy you happiness but it will buy you a yacht big enough to pull up alongside it.' David Lee Roth 'Most people are walking around, umbilical cord in hand, looking for a new place to plug it in.' Cavett Robert

07-17-2009, 06:27 PM	#5
Lawrh HyperActive Warrior War Room Member Join Date: Oct 2008 Location: Edmonton, Alberta, Canada Posts: 144 Thanks: 144 Thanked 44 Times in 33 Posts	Re: sedo.com domain selling site wants credit card info? They don't use your CC to see if you have enough money, it's just to see if you are legitimate. They send a charge and cancel it immediately. Kind of like Paypal.
	“Strategy without action is a day-dream; action without strategy is a nightmare.” – Old Japanese proverb -