Non Compete Clause for Flipping Sites?

by bizideas

Posted: 15 years ago 5 replies

INTERNET MARKETING

I saw a someone put up a statement on sitepoint that they were willing to sign a non compete clause:

"I'm willing to sign a non competition agreement that I will not own, operate, or be involved in another related site within the next five years".

Is this the norm or is it only for higher end sites?
Surely this wouldn't be for blogs also. Right?

Thanks

#clause #compete #flipping #sites

Charles Washington 15 years ago

I think in this instance, it is more of a clever sales angle than anything else. You could sign one, then register sites under aliases.
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- stevenh512 15 years ago
  
  Originally Posted by Charles Montgomery
  
  You could sign one, then register sites under aliases.
  
  Of course if you do that and get caught, you can also be expecting a lawsuit for breach of contract since you signed the agreement.
  
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  Hamida Harland 15 years ago
  
  I've sold alot of sites and I was only ever asked to sign a non compete agreement once - it was for a site I sold for about $7000. My site was dominating the particular market it was in, so technically if I'd gone into competition with my buyer I could have probably beat him in the SERPs (not that I'd ever do that) but I think he was right to cover his back. I don't think it's the norm although I've seen it mentioned occasionally for more expensive sites.
  
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Charles Washington 15 years ago

Yea...but, if the two parties involved are from different countries - there really isnt anything binding.

Depending on the amount of the sale (most sites do not sell for all that much), who is going to spend $xx,xxx trying to have that person prosecuted for breach of contract?
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