The cost of selling your domain name just got lower. Leading domain name marketplace Sedo.com announced that they are slashing minimum commission fees by 50%. Effective immediately, the commission on domain sales in most common extensions (.com/.net/.org/.info/.biz/.at/.ch/de/.us) starts at just $50.

Sedo’s commission fees include payment processing, a secure escrow service, and personal assistance with every stage of the domain’s transfer, all at no extra cost.

"Every domain transaction should be protected by a secure third-party escrow service," advises Matt Bentley, CEO of Sedo.com. "With Sedo’s lower fees, now even buyers and sellers in low-value transactions can afford to protect themselves against fraud or technical error."

Bentley added that the price cuts were made possibly by the tremendous recent growth at the sales venue: "In the past five months, we’ve sold over $4 million worth of domain names," said Bentley. "Now, we’re making our successful marketplace model accessible even for low-value domain names."

Sedo is already the most popular domain marketplace in the world, attracting more than 3 million visitors each month to their database of over 1 million domain names listed for sale. "Sedo is already the best place on the Internet to sell your domain name," said Bentley. "With our new lower fees, it's now also the cheapest for buyers, and the most profitable for sellers."

Complete details of the new lower prices can be found at:http://www.sedo.com/services/prices.php3