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Selling website on Flippa - Do you use a contract?

by mrdeflation
6 replies
Is there a standard contract that you use when you sell a large website on flippa to protect yourself?

Do you always use a lawyer and have them draw up one each time depending on the situation?

Is there a standard one somewhere online you like to use?
#contract #flippa #selling #website
  • Profile picture of the author IMTycoon
    I've sold several sites on Flippa, and I didn't use a contract.

    They were all sub $10,000 range so it probably wasn't necessary.

    You don't need to use contracts on Flippa in my opinion.

    If you're worried about getting snubbed you can look into using Escrow.com or a site like it.
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  • Profile picture of the author writeaway
    If the sales are for less than 25K and you use an escrow system, you don't really need a contract

    Now, if there is a lot of FAIR USE content involved or if there's any source of POTENTIAL legal liability, the buyer or seller needs to do a bit of CYA and here's where a contract can come in handy.
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  • Profile picture of the author gvidass
    I haven't used contract, and everything were just fine...
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  • Profile picture of the author hynds
    No need to use contract if the price is lower than $4000, if it's higher you can use flippa escrow or escrow separaly
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  • Profile picture of the author seobuzz
    As you have large website to sell, hence you should take every steps to protect yourself. And always use Escrow for transaction.
    Moreover if your website is making $1K/month or above, you should use personalized brokerage service to get higher value compared to flippa. To me flippa is good for selling mid range websites.
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  • Profile picture of the author mrdeflation
    thanks =-)
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