Sedo changes TOS to reflect changes.
Sedo sent a notice to customers today about changes to its terms of service. Although I haven’t read the entire revised TOS, the company highlights three key changes:
1. Buyers have the ability to submit offers on fixed price listings below the “buy now” price. This could be good, but it’s all about the execution. If it’s clear to buyers that they can offer something less than the asking price then it could defeat the purpose of “buy now” listings.
2. Sedo parking now has zero click (transfer visitors directly to an advertiser without a clicks). Customers are automatically opted in.
3. Changes to the standard sales contract.
The new terms of service go into effect March 16.
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