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 Massachusetts Listing Agreement with a Broker to Sell an Internet Domain Site — Exclusive Listing is a legally binding contract between a domain owner and a licensed broker in Massachusetts, granting the broker exclusive rights to market and sell the domain site on behalf of the owner. This agreement is specifically designed for internet domain sites and ensures that the broker has exclusive authority to showcase, negotiate, and secure a potential buyer for the domain. Keywords: Massachusetts listing agreement, broker, sell internet domain site, exclusive listing, domain owner, licensed broker, market, sell, authority, negotiate, buyer, potential buyer, showcase. There are different types of Massachusetts Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing, which cater to various needs and circumstances. Some common types include: 1. Exclusive Right to Sell: This type of agreement grants the broker exclusive rights to market and sell the domain site. The broker is entitled to a commission if the domain site is sold during the term of the agreement, regardless of whether the broker was directly involved in finding the buyer. 2. Exclusive Agency: In an exclusive agency agreement, the broker has exclusive rights to market and sell the domain site, but the domain owner retains the right to sell the site on their own. If the domain owner finds a buyer without the broker's assistance, they do not owe the broker any commission. 3. Multiple Listing Service (MLS): This type of agreement allows the broker to submit the domain site listing to multiple listing services, giving it maximum exposure to potential buyers. The broker retains exclusive rights to market the site, and if the site is sold through another broker or agent, the listing broker usually receives a share of the commission. 4. Net Listing: A net listing agreement is less common but can be used in certain circumstances. In this type of agreement, the domain owner sets a target price, and the broker is entitled to any amount exceeding that price as their commission. However, net listings are prohibited in some states due to the potential for conflicts of interest. Regardless of the type of Massachusetts Listing Agreement with a Broker to Sell an Internet Domain Site — Exclusive Listing, it is essential for both parties to thoroughly review the terms and conditions before signing. It is advisable to consult with a lawyer experienced in contract law to ensure all necessary provisions are included and that the agreement protects the interests of both the domain owner and the broker.A Massachusetts Listing Agreement with a Broker to Sell an Internet Domain Site — Exclusive Listing is a legally binding contract between a domain owner and a licensed broker in Massachusetts, granting the broker exclusive rights to market and sell the domain site on behalf of the owner. This agreement is specifically designed for internet domain sites and ensures that the broker has exclusive authority to showcase, negotiate, and secure a potential buyer for the domain. Keywords: Massachusetts listing agreement, broker, sell internet domain site, exclusive listing, domain owner, licensed broker, market, sell, authority, negotiate, buyer, potential buyer, showcase. There are different types of Massachusetts Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing, which cater to various needs and circumstances. Some common types include: 1. Exclusive Right to Sell: This type of agreement grants the broker exclusive rights to market and sell the domain site. The broker is entitled to a commission if the domain site is sold during the term of the agreement, regardless of whether the broker was directly involved in finding the buyer. 2. Exclusive Agency: In an exclusive agency agreement, the broker has exclusive rights to market and sell the domain site, but the domain owner retains the right to sell the site on their own. If the domain owner finds a buyer without the broker's assistance, they do not owe the broker any commission. 3. Multiple Listing Service (MLS): This type of agreement allows the broker to submit the domain site listing to multiple listing services, giving it maximum exposure to potential buyers. The broker retains exclusive rights to market the site, and if the site is sold through another broker or agent, the listing broker usually receives a share of the commission. 4. Net Listing: A net listing agreement is less common but can be used in certain circumstances. In this type of agreement, the domain owner sets a target price, and the broker is entitled to any amount exceeding that price as their commission. However, net listings are prohibited in some states due to the potential for conflicts of interest. Regardless of the type of Massachusetts Listing Agreement with a Broker to Sell an Internet Domain Site — Exclusive Listing, it is essential for both parties to thoroughly review the terms and conditions before signing. It is advisable to consult with a lawyer experienced in contract law to ensure all necessary provisions are included and that the agreement protects the interests of both the domain owner and the broker.
