We ask you to send us financials from the last 3 years along with our NDA.
HERE is a basic template for financials, in case you want to
be prepared before
contacting us.
Then we assess the value of the property based on financials and sometimes when
financials don’t tell the entire story, traffic.
If you decide to accept our assessment and want to use us, we draft a broker
agreement, you sign it, and we go to work to sell your property.
We have an email list of over 13,000 people that we use to promote the property (as
a blind listing, in other words, until the potential buyer signs an NDA, we do
not
tell them the identity of the property or any other specific information.)
We also target the property to specific people we think might be interested. We keep
a list of buyers and types of sites they are targeting.
We also list our offerings
on our website. Again, as you’ll notice these are blind
listings.
Once there’s a buyer and you accept the buyer’s offer, we draw up a letter of intent
(or LOI) and put the relevant details of the sale in the LOI, sale price, terms
(whether it’s a cash deal or there is a down payment and the buyer buys with
payments) and any other details of the deal.
After that, one of the parties gets their attorney to draft a sales agreement, the
agreement is signed, and an escrow is opened. We use escrow.domains as our
primary
escrow provider.
After escrow receives the funds and the domains involved in the sale the deal is
consummated and the escrow closes. The seller gets his or her funds and the buyer
gets the property.
