Sedo Likes GreenTeaVodka.com

Can it be? The last time I ran into sedo.com, they were thoroughly enjoying a cup of green tea vodka! In actuality Sedo helped me sell GreenTeaVodka.com recently and has come knocking on my door to complete the transaction. I paid a Go Daddy reg fee for the wonderful domain, which I found using a domain deletion service called Just Dropped! Although the domain name only sold for $70, Sedo has taken a commission of $7, which leaves me with around $63. After I subtract the costs of the reg fee which was around $10 I made a total profit of $53 off of the domain name. I am bringing these numbers up because of the fact that I have not come close to a 400%+ return in the stock market as of late. Currently I am actually losing money in the stock market with such investments as Citigroup, Haliburton, Citadel Broadcasting and Home Depot. If the stocks were playing as well as this recent domain transaction a $1,000 investment would be at around $5,000. Unfortunately the stocks are nowhere near that level nor will they be in quite a long time. This has lead me to believe that investing in domain names is not only more profitable than investing in a stock, but it is also less risky if you do the proper research before registering a domain name.

Back to sedo! I received this email on June 27, 2009:

Hello,

We are pleased to inform you that the auction of greenteavodka.com has ended with a closing sale price of 70 USD.

You and the buyer have now agreed to a legally binding contract for the sale of greenteavodka.com.

Sedo’s transfer team will now assist you with this transfer, including helping you with your registrar to ensure the transfer is successfully completed.

Please click on the link below and log into your account in order to initiate the transfer:

http://www.sedo.com/member/transferdetails.php4?id=919011

The first step of the transfer process is the payment request. Once we have received the buyer’s payment it will be held in escrow. Then the technical part of the transfer can begin. The transfer agent will then ask you to unlock the domain and ask the buyer to send a transfer request through their registrar. The registrar will then transfer the ownership to the buyer. After the registrar has completed this step, the transfer agent will confirm ownership with the buyer and send you the payment from the escrow account. This process can take about 2-3 weeks.

Your transfer agent will be following up shortly with the next steps of the transfer, if you have any questions or concerns in the meantime, please feel free to contact us at transfers@sedo.com.

Congratulations on Your Sale.

Best regards,

Your Sedo Team

Please note that the Seller assumes all responsibility for the listing of this domain name. These responsibilities include, but are not limited to, any obligations that arise from accepting an agreement to sell the domain name.

Then I received this email earlier today:

Dear Jason Thompson,

A status update with the subject of “Escrow payment received” has been posted regarding the transfer of greenteavodka.com.

Please login through the link below or select the domain from your Transfer Center.

https://sedo.com/member/transfer/overview.php?id=919011

To contact your Transfer Specialist, please do not reply to this message, but log into your Sedo account and submit a message.

Best regards,

Daniel Le Ray
–
Transfer Specialist
Sedo.com :: 161 First Street :: Cambridge, MA 02142
tel: +1-617-499-7200 :: fax: +1-617-499-7202
http://www.sedo.com

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may include confidential and/or proprietary information, and may
be used only by the person or entity to which it is addressed.
If the reader of this e-mail is not the intended recipient or his or her
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Then I received another email today:

Dear Jason Thompson,

A status update with the subject of “Please push domain to Sedo-Account” has been posted regarding the transfer of greenteavodka.com.

Please login through the link below or select the domain from your Transfer Center.

https://sedo.com/member/transfer/overview.php?id=919011

To contact your Transfer Specialist, please do not reply to this message, but log into your Sedo account and submit a message.

Best regards,

Daniel Le Ray
–
Transfer Specialist
Sedo.com :: 161 First Street :: Cambridge, MA 02142
tel: +1-617-499-7200 :: fax: +1-617-499-7202
http://www.sedo.com

Confidentiality Statement: This e-mail, including attachments,
may include confidential and/or proprietary information, and may
be used only by the person or entity to which it is addressed.
If the reader of this e-mail is not the intended recipient or his or her
authorized agent, the reader is hereby notified that any
dissemination, distribution or copying of this e-mail is prohibited.
If you have received this e-mail in error, please notify the sender
by replying to this message and delete this e-mail immediately.

My next step is to obviously push the domain to Sedo, so they can make sure the person who purchased the domain name through the auction receives what they paid for! I must say it is definitely an interesting process and I certainly hope this sheds a little light on what occurs after a Sedo auction with a winning bid concludes. Now I am off to make sure that Sedo gets that shot of Green Tea Vodka they have so patiently been waiting for!