At Last - Sedo Update Their Offer Details Page!
August 25, 2008 by DNBuff
Sedo have recently updated their offer details page with the aim of creating more transparency on the marketplace.
New features include a meet the seller section and both a buyer and seller activity index.
The meet the seller section will provide prospective buyers with some useful information, such as the month and year the sellers Sedo account was created, aswell as the time the domain or website has been listed for sale on the marketplace. Buyers also have the option to send a comment to the seller once negotiations begin.
The new seller activity index section displays a 5-star rating system which is based on the members transaction history and sales volume on Sedo over the last 6 months. Keep in mind that a lower star ranking does not mean a seller is unreliable, it simply means they have sold fewer websites and domains than members with a higher ranking. The buyer activity index is determined by the amount of offers a user has submitted, aswell as the quality and value of the domains they have purchased.
European buyers can now also view the VAT (Value Added Tax) status of a domain name or website before submitting a bid, and sellers have the option of including a link to their entire portfolio on the offer details page, which increases their chances of making a sale.
Overall, I think the changes were much needed as the old offer details page was dated and didn’t include enough information to help prospective buyers make an informed decision.
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