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)
An Ohio Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a legally binding contract between a domain site owner and a licensed real estate broker in the state of Ohio. This agreement establishes a partnership between the owner and the broker, granting the broker exclusive rights to market and sell the internet domain site on behalf of the owner. Keywords: Ohio Listing Agreement, Broker, Sell Internet Domain Site, Exclusive Listing, contract, domain site owner, real estate broker, partnership, market, sell. This type of agreement is commonly used in the domain name industry, where individuals or businesses own valuable internet domain sites that they wish to sell. By entering into an exclusive listing agreement, the domain site owner entrusts the broker with the responsibility of promoting and finding potential buyers for the domain site. There might be different variations or types of Ohio Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing depending on the specific terms and conditions agreed upon by the parties involved. Some variations may include: 1. Fixed-Term Exclusive Listing Agreement: This type of listing agreement has a specified duration during which the broker has the exclusive rights to sell the internet domain site. After the fixed term expires, the agreement may automatically renew or require renewal negotiations between the parties. 2. Open-Ended Exclusive Listing Agreement: In this type of agreement, there is no specific expiration date mentioned. The broker retains exclusive rights to market and sell the domain site until the owner decides to terminate the agreement or enters into a new agreement with another broker. 3. Multiple Listing Agreement: This agreement allows the broker to cooperate and share the listing with other brokers or agencies. It provides a broader network and increased exposure for the domain site, as multiple brokers actively work towards finding a buyer. The commission is usually shared between the listing broker and the cooperating broker. 4. Net Listing Agreement: In a net listing agreement, the broker and the domain site owner agree on a target sale price. The broker is entitled to any amount exceeding the predetermined price, which can create conflicts of interest. Net listings are generally discouraged or prohibited in many states due to potential ethical concerns. Regardless of the specific type of Ohio Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing, it is essential to ensure that the agreement clearly outlines the responsibilities, obligations, and compensation structure for both the broker and the domain site owner. Professional legal advice and consultation should be sought to draft or review the agreement to protect the interests of all parties involved.An Ohio Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a legally binding contract between a domain site owner and a licensed real estate broker in the state of Ohio. This agreement establishes a partnership between the owner and the broker, granting the broker exclusive rights to market and sell the internet domain site on behalf of the owner. Keywords: Ohio Listing Agreement, Broker, Sell Internet Domain Site, Exclusive Listing, contract, domain site owner, real estate broker, partnership, market, sell. This type of agreement is commonly used in the domain name industry, where individuals or businesses own valuable internet domain sites that they wish to sell. By entering into an exclusive listing agreement, the domain site owner entrusts the broker with the responsibility of promoting and finding potential buyers for the domain site. There might be different variations or types of Ohio Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing depending on the specific terms and conditions agreed upon by the parties involved. Some variations may include: 1. Fixed-Term Exclusive Listing Agreement: This type of listing agreement has a specified duration during which the broker has the exclusive rights to sell the internet domain site. After the fixed term expires, the agreement may automatically renew or require renewal negotiations between the parties. 2. Open-Ended Exclusive Listing Agreement: In this type of agreement, there is no specific expiration date mentioned. The broker retains exclusive rights to market and sell the domain site until the owner decides to terminate the agreement or enters into a new agreement with another broker. 3. Multiple Listing Agreement: This agreement allows the broker to cooperate and share the listing with other brokers or agencies. It provides a broader network and increased exposure for the domain site, as multiple brokers actively work towards finding a buyer. The commission is usually shared between the listing broker and the cooperating broker. 4. Net Listing Agreement: In a net listing agreement, the broker and the domain site owner agree on a target sale price. The broker is entitled to any amount exceeding the predetermined price, which can create conflicts of interest. Net listings are generally discouraged or prohibited in many states due to potential ethical concerns. Regardless of the specific type of Ohio Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing, it is essential to ensure that the agreement clearly outlines the responsibilities, obligations, and compensation structure for both the broker and the domain site owner. Professional legal advice and consultation should be sought to draft or review the agreement to protect the interests of all parties involved.
