Mastering Multichannel Marketing: Akron U Getting TKG.com, Continued
May 08

From 1997 - 2002, there was nothing we could do because www.tkg.com was owned by another company - then things got a little interesting…

2002 - The company that had the domain was acquired by a Fortune 500 (I’ve got some hope)

Nothing happens for a few years, but I keep watching it.

2005 - tkg.com becomes inactive and is up for sale on SEDO.com (even more hope); while on SEDO.com, the domain is used for spamming purposes (more on that later)

Now it’s early 2006 and I decide to make contact via SEDO to no avail - noone responds, not even SEDO. So I hire a SEDO “domain broker”, a service they offer and made my payment so that I could start moving forward with this whole process. Noone contacts me saying they received my payment, what the next steps were, nothing!

Several days later, I receive a “domain appraisal” for 33k! and an email telling me that they need to know the highest price I am willing to pay and that if it isn’t at least 60% of the appraised value i shouldn’t even bother. Of course, this is all so they can “negotiate on my behalf”. I translated: jack the price up as much as possible to increase their commission.

After going around a few times, I offer 25k for the domain and the SEDO representative disappears, never to be heard from again.

The seller contacts me directly, and says they will only consider 6 figure offers. I, of course, give up at this point.

I check the domain periodically over the next 2 years, and it hasn’t sold of course. Then comes April 2008, when my frustrations with SEDO hit an all time high!

Another post coming soon, with the rest of the details.

One Response to “Getting TKG.com, SEDO’s painful process”

  1. Buying Domain from SEDO | Domain Name Change Timeline | TKG.com Site Migration Says:

    [...] 17th - We Purchased TKG.com from SEDO April 22nd - SEDO Receives Payment April 23rd - SEDO Receives Authorization Code from Seller April [...]

Leave a Reply