Sedo, leading source for buying and selling domain names, announced a new auction service for domain name sales. The new online auction aims to maximize sales value for high-value premium domain names

October 20, 2006 – (TopHosts News Brief) – Sedo introduced an eBay-like auction service for domain name sales. Sedo’s first online auctions will begin on October 23.

Sedo’s new online auction is designed to maximize sales value for high-value premium domain names and will run parallel to the company’s traditional direct negotiation model.

Sedo’s new auction service is a response to the surge in businesses and professional investors purchasing millions of dollars of premium domains each year. Sedo’s seven day online auction period and domain names will be exposed to a global community of nearly 400,000 buyers who collectively spent over $25 million purchasing domain names through Sedo’s marketplace in the past year.

“Sedo’s auction model generates maximum return for premium domain owners by pairing active marketing of the domain name to large corporations, domain investors, and other potential buyers with a transparent, trusted, and universally accessible online platform,” Christian Kalled, director of domain brokerage at Sedo, said in a PR Leap release.

For more information visit www.sedo.com.