Selling domains

bb99 · 28-05-2005, 03:55:55 PM

Hi

Just wanting some opinions from some experienced domain sellers (or indeed buyers)...

When you sell the domain, do you have any sort of contract in place between you and the buyer?

To be more specific - and where you do have a contract in place - have you ever used a clause whereby if the domain is resold and/or transferred within, say, two years then you are entitled to a further percentage of the consideration of that second sale/transfer?

This sort of thing is common when buying/selling land and I was wondering how prevalent it is with domains....

Thanks in advance

admin · 04-06-2005, 12:29:59 PM

Never used a contract, rely on trust and checking out who you are dealing with (no webmail only emails accounts / PO Boxes).

Anyone else had any experience of using contracts?

Godfrey · 25-07-2005, 09:18:11 PM

When its a .uk domain you pay the £35 transfer fee to Nominet to make it official.

How do you handle .com sales. Who is the regulatory body for change in ownership?

Thanks

domainleases.co.uk · 02-12-2005, 09:48:21 PM

You shouldnt really need a contract for a simple domain name sale, you agree in an email or letter a price and method of payment, and you agree who pays the transfer costs and that is then a contract between you and the buyer.

If you're selling a brand name or trademark domain name you might need to consider a proper contract drawn up then or at least a disclaimer so that you're not legally liable if the buyer gets sued and decides to sue you.

28-05-2005, 03:55:55 PM	#1 (permalink)
bb99 Join Date: Mar 2005 Posts: 1,506 No Classified Ratings Domain Trader Rating: (100% / 1)	Selling domains - contract of sale? Hi Just wanting some opinions from some experienced domain sellers (or indeed buyers)... When you sell the domain, do you have any sort of contract in place between you and the buyer? To be more specific - and where you do have a contract in place - have you ever used a clause whereby if the domain is resold and/or transferred within, say, two years then you are entitled to a further percentage of the consideration of that second sale/transfer? This sort of thing is common when buying/selling land and I was wondering how prevalent it is with domains.... Thanks in advance

04-06-2005, 12:29:59 PM	#2 (permalink)
admin Administrator Join Date: Jun 2004 Posts: 7,190 No Classified Ratings Domain Trader Rating: (0% / 0)	Never used a contract, rely on trust and checking out who you are dealing with (no webmail only emails accounts / PO Boxes). Anyone else had any experience of using contracts? __________________ 9p Domains \| Domain Appraisal \| Droplists \| Domain Brokerage \| Find Valuable Domains \| Link to us \| Domain Software New to UK Domain Names? - Go Here \| Diet \| Domain Transfers \| Domain Auctions Make more money from your Domain Names with SedoPro - PM for a free activation code!

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25-07-2005, 09:18:11 PM	#3 (permalink)
Godfrey Join Date: Jul 2005 Posts: 444 No Classified Ratings Domain Trader Rating: (100% / 1)	When its a .uk domain you pay the £35 transfer fee to Nominet to make it official. How do you handle .com sales. Who is the regulatory body for change in ownership? Thanks

02-12-2005, 09:48:21 PM	#4 (permalink)
domainleases.co.uk Junior Member Join Date: Nov 2005 Location: United Kingdom Posts: 13 No Classified Ratings Domain Trader Rating: (0% / 0)	You shouldnt really need a contract for a simple domain name sale, you agree in an email or letter a price and method of payment, and you agree who pays the transfer costs and that is then a contract between you and the buyer. If you're selling a brand name or trademark domain name you might need to consider a proper contract drawn up then or at least a disclaimer so that you're not legally liable if the buyer gets sued and decides to sue you.