I'm looking for some assistance with a potentially high profile domain name sale. I would like to keep the transaction a private sale to avoid being pushed into a quick sale from a broker.
Are there any others that have gone through the process privately? Did you eventually contact a lawyer? What was the process of taking offers for the sale of the domain? How did you deal with multiple offers?
Bryan
[edited by: buckworks at 7:59 pm (utc) on Aug. 15, 2007]
[edit reason] no URLs please. [/edit]
Do you have a confirmed "big number" (let's say >$25,000.) concrete offer?
A bona fide offer, from someone known, whom all indications are "has the money"?
Someone with a fixed address, a hardwired phone number and a business or other identifiable address.
The size of the bona fide offer matters when it comes to advice.
We don't need to know your domain name.
For over $50k you can do without a lawyer, depends on whether there is a website that goes with it with rev!
Disclaimer: Please don't consider this as legal advice or anything, these are just my experiences.
I recently brokered a sale (80K+) between two private parties via a lawyer using a trust account. It worked well and you will know whether the other party have the money when you send them something to sign legally obigating them to give your the money (cleared funds) within a timeframe or they may incur damages as an agreement. If they sign this they should have the money, but with everything you can never ever be certain until it's cleared funds.
Remember that as the domain owner you are in the box seat. Negotiate them against each other if you think it will increase the value of the domain. Also if you have multiple bidders time may be on your side.
