The term domain name means any alphanumeric designation which is registered with or assigned by any domain name registrar, domain name registry, or other domain name registration authority as part of an electronic address on the Internet. (15 USCS § 1127)
A Chicago Illinois Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a legally binding document that establishes a partnership between a domain site owner and a broker in Chicago, Illinois, for the purpose of selling the domain site. It grants the broker exclusive rights to market, advertise, and negotiate the sale of the internet domain site on behalf of the owner. Keywords: Chicago Illinois, Listing Agreement, Broker, Sell, Internet Domain Site, Exclusive Listing Types of Chicago Illinois Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing: 1. Standard Exclusive Listing Agreement: This is the most common type of agreement where the domain site owner exclusively lists their property with a broker for a specific duration. During this time, the owner cannot engage any other brokers or market the site themselves. 2. Exclusive Agency Listing Agreement: In this type of agreement, the broker has exclusive rights to market and sell the domain site. However, the owner retains the right to sell the site without paying a commission if they find a buyer themselves, thereby excluding the broker's involvement. 3. Exclusive Right to Sell Listing Agreement: With this type of agreement, the broker possesses exclusive rights to market, advertise, and negotiate the sale of the domain site. If the owner sells the site during the listing period, they must pay the agreed-upon commission to the broker, regardless of who secured the buyer. 4. Pocket Listing Agreement: Often used for high-value or exclusive domain sites, a pocket listing agreement allows the broker to discreetly market the domain site to a select group of potential buyers, usually high-net-worth individuals or specific investors who have expressed interest in such properties. 5. Multiple Listing Agreement: This agreement allows the broker to list the domain site on multiple listing services (MLS) or online platforms, increasing its exposure to potential buyers. The broker has exclusive rights to market and sell the domain site, cooperating with other brokers who may bring buyers. 6. Net Listing Agreement: In a net listing agreement, the domain site owner specifies the net amount they wish to receive from the sale, and the broker's commission is determined by any amount exceeding that net amount. This agreement can be less common and may raise ethical considerations due to potential conflicts of interest. In conclusion, a Chicago Illinois Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a customizable contract tailored to the specific needs and goals of the domain site owner. The agreement type may vary based on factors such as desired level of exclusivity, involvement of other brokers, and pricing considerations.A Chicago Illinois Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a legally binding document that establishes a partnership between a domain site owner and a broker in Chicago, Illinois, for the purpose of selling the domain site. It grants the broker exclusive rights to market, advertise, and negotiate the sale of the internet domain site on behalf of the owner. Keywords: Chicago Illinois, Listing Agreement, Broker, Sell, Internet Domain Site, Exclusive Listing Types of Chicago Illinois Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing: 1. Standard Exclusive Listing Agreement: This is the most common type of agreement where the domain site owner exclusively lists their property with a broker for a specific duration. During this time, the owner cannot engage any other brokers or market the site themselves. 2. Exclusive Agency Listing Agreement: In this type of agreement, the broker has exclusive rights to market and sell the domain site. However, the owner retains the right to sell the site without paying a commission if they find a buyer themselves, thereby excluding the broker's involvement. 3. Exclusive Right to Sell Listing Agreement: With this type of agreement, the broker possesses exclusive rights to market, advertise, and negotiate the sale of the domain site. If the owner sells the site during the listing period, they must pay the agreed-upon commission to the broker, regardless of who secured the buyer. 4. Pocket Listing Agreement: Often used for high-value or exclusive domain sites, a pocket listing agreement allows the broker to discreetly market the domain site to a select group of potential buyers, usually high-net-worth individuals or specific investors who have expressed interest in such properties. 5. Multiple Listing Agreement: This agreement allows the broker to list the domain site on multiple listing services (MLS) or online platforms, increasing its exposure to potential buyers. The broker has exclusive rights to market and sell the domain site, cooperating with other brokers who may bring buyers. 6. Net Listing Agreement: In a net listing agreement, the domain site owner specifies the net amount they wish to receive from the sale, and the broker's commission is determined by any amount exceeding that net amount. This agreement can be less common and may raise ethical considerations due to potential conflicts of interest. In conclusion, a Chicago Illinois Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a customizable contract tailored to the specific needs and goals of the domain site owner. The agreement type may vary based on factors such as desired level of exclusivity, involvement of other brokers, and pricing considerations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
