- Impact
- 882
What? - You cannot change the reserve price once a bid has come in.
This post is not to overly critize a new market place but to give you some valuable information if you are listing in freemarket.com I really like their freelisting feature because when we do the end user marketing what left is to direct them to a place to buy and sell securely. Also sale commission is just 5%
Case - I recently did a listing there. I had an XXX start so I wanted to keep the low ballers away. FreeMarket is full of low ballers, I noticed. Unfortunately I had an XXXX reserve because I did not know we cannot change the reserve. It was not mentioned anywhere. I received 1 XXX bid and that is when I noticed the problem. I informed their staff here as well as their customer support. Let me tell you they are very helpful and friendly but they couldn't do anything about effecting a change in their platform. They refunded the featured listing fee and offered free upgrades if I were to re-list the domain in the future.
As far as the listing goes, it ended unsold. The one bidder is not traceable so far. It would have been a profit sale for me if it was sold for that one bid; I got the domain in closeouts.
This post is not to overly critize a new market place but to give you some valuable information if you are listing in freemarket.com I really like their freelisting feature because when we do the end user marketing what left is to direct them to a place to buy and sell securely. Also sale commission is just 5%
Case - I recently did a listing there. I had an XXX start so I wanted to keep the low ballers away. FreeMarket is full of low ballers, I noticed. Unfortunately I had an XXXX reserve because I did not know we cannot change the reserve. It was not mentioned anywhere. I received 1 XXX bid and that is when I noticed the problem. I informed their staff here as well as their customer support. Let me tell you they are very helpful and friendly but they couldn't do anything about effecting a change in their platform. They refunded the featured listing fee and offered free upgrades if I were to re-list the domain in the future.
As far as the listing goes, it ended unsold. The one bidder is not traceable so far. It would have been a profit sale for me if it was sold for that one bid; I got the domain in closeouts.
