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Seller Financing

Discussion in 'General Business' started by GoldFire, Aug 7, 2008.

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  1. #1
    I have been offered a deal to buy my website by another web development studio on seller financing. Their terms are to pay me 65% of monthly gross income from all of their sites or 100% over $4000, whichever is higher, until the full amount is paid off. Is this a reasonable deal, and is there anything I am missing here or should be aware of when making this deal? Also, what can I do if something happens to the site?
     
    GoldFire, Aug 7, 2008 IP
  2. MikePrice

    MikePrice Well-Known Member

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    #2
    MikePrice, Aug 7, 2008 IP
  3. GoldFire

    GoldFire Peon

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    #3
    That doesn't really have much to do with this. This isn't the first site I have sold, it is just the first on seller financing instead of all up front. Those are just basic tips for selling or buying a website.
     
    GoldFire, Aug 7, 2008 IP
  4. mentos

    mentos Prominent Member

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    #4
    IMO
    you should not push your domain name to the seller account yet
    Only do so after buyer paid you in full amount
     
    mentos, Aug 7, 2008 IP