There are different things that can be perplexing or frustrating while navigating aftermarket sites.
One of then on Sedo for me is where the make an offer listing includes what I deem improper wording.
When you look at ZZE.com, this is a make an offer name. It says Seller’s asking price 500 GBP, asking price is the price being asked to complete a sale.
Now we all know ZZE.com is not selling for 500GBP, so why not have it say minimum offer like VQX.com
There is no reason for this in my opinion. It looks bad. Look something is either make an offer. Buy it now or accepting offers this is the asking price/Buy it now.
Per Bankrate
Asking price
What is asking price?
The asking price is the amount a home seller wants a buyer to pay to purchase his home. The asking price is generally part of the property listing and is not the final price paid by the borrower.
Deeper definition
Also called the list price, the asking price is the amount of money the home seller hopes to obtain from selling his or her home. The amount of the asking price depends on various factors, including market conditions.
Ask price, also called offer price, offer, asking price, or simply ask, is the price a seller states they will accept.
The seller may qualify the stated asking price as firm or negotiable. Firm means the seller is implying that the price is fixed and will not change.
Sedo does not provide that extra verbiage to qualify the asking price. Normally it means the price can be lower not higher. Just say make an offer, minimum offer accepted.
Agree with your title Raymond.
Sedo should not have this option.It is confusing and deceptive.
It’s completely ridiculous, what’s the sense when you already have the option of Buy it now or Make an offer? It’s used to be deceptive, the best of all worlds, why set a buy it now? Do this someone hits the ask price, then you have a week to shop it, get advice etc… then say oh sorry no thank you I want $100,000.
It is a bad system, especially the way that an offer the meets the “sellers asking price” can then be sent to auction. This has definitely put me off making offers on Sedo in the past, it is better to contact the seller directly.
Is the purported seller actually the owner of the domain? Maybe the domain remained in someone else’s Sedo account even after when it changed ownership. Especially when the seller seems to be in the US but has priced it in pounds.