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Originally Posted by fraggle123  John that sounds really interesting. I am relatively new to the whole domain game but I have a few projects in the pipeline that a leased rev share option would be perfect for.
Do you have any more details on contracts, partners, reporting etc?  |
It depends on the sector.
Obviously get a NDA (Non Disclosure Agreement) in place regarding the mechanics and any confidential data shared.
Agree on ownership and responsibility. Who does what etc. Who is responsible for what etc. Will the lessor for example be responsible for hosting and domain renewal.
Depending on the sector and if operated in the affiliate sector, put in place a separate account to which both parties have access to verify performance. Alternatively agree a fixed "rental" and have no access. If retail then agree to put in place analytics software like stufftracker which the lessor has access to (that way the lessor does not access the admin back end of the ecommerce site) to verify performance.
Agree an option whereby depending on performance, after a set period, the lessee may acquire the domain on an agreed formula.