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)
Maricopa Arizona Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a legal document that outlines the terms and conditions for the exclusive representation of an internet domain site by a broker for the purpose of selling it. This agreement ensures that the broker has the sole right to market and sell the domain site on behalf of the owner, thereby maximizing the chances of a successful sale. Key elements of the Maricopa Arizona Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing include: 1. Exclusive Representation: This agreement grants the broker exclusive rights to represent the owner and market the domain site for sale. It means that the owner cannot work with other brokers for the sale of the domain during the term of this agreement. 2. Term and Termination: The agreement specifies the duration of the exclusive representation, typically ranging from a few months to a year. It also outlines the circumstances under which the agreement can be terminated, such as breach of contract or failure to perform. 3. Commission and Fees: The agreement establishes the broker's commission as a percentage of the final sale price. It may also specify any additional fees or expenses that the owner would be responsible for, such as marketing costs or legal fees. 4. Marketing and Advertising: The agreement includes provisions outlining the broker's responsibilities regarding the marketing and advertising of the domain site. This may include creating a listing on specialized websites, promoting the site through social media channels, and conducting targeted outreach to potential buyers. 5. Owner's Obligations: The agreement may outline certain obligations on the part of the owner, such as providing accurate and up-to-date information about the domain site, promptly responding to inquiries from potential buyers, and granting the broker necessary access to relevant documents. Some variations of Maricopa Arizona Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing may include: 1. Limited Exclusive Listing: This type of agreement grants the broker exclusive representation for a specific time period but allows the owner to work with other brokers simultaneously, potentially broadening the reach of the marketing efforts. 2. Multiple Exclusive Listing: In this scenario, the owner can partner with multiple brokers who will have exclusive rights to market and sell the domain site within their respective networks. The commission will be divided among the brokers based on their individual contributions. In summary, the Maricopa Arizona Listing Agreement with a Broker to Sell Internet Domain Site — Exclusive Listing is a comprehensive contract that ensures effective representation and maximum exposure of the domain site to potential buyers. By entering into this agreement, the owner can benefit from the expertise and resources of a professional broker to facilitate a successful sale and maximize the value of their internet domain site.
