Intro
Before you contact the seller, you first need to register for a paid ProjectsForSale account. Without signing up, you will not be able to contact any sellers or view full listing data. It is up to the seller to respond to your offer and all sellers are looking for legitimate and reliable buyers. Every question and offer submitted to a project is pre-screened. Sellers will be notified by email when there is new activity for their project.
Do not jump into a sale without doing your due diligence and background check. Make sure you conduct face-to-face meetings using tools such as Zoom, Skype or Google Hangouts. Make sure you ask all the questions you have. Here are some tips when engaging with the seller.
- Talk to them face-to-face via video conferencing tools such as Zoom, Google Hangout and Skype.
- Do your own due diligence and background research on the user – ask for social media public profile (e.g. LinkedIn).
Arranging a sale
Once you and a seller are in agreement of the sale, you can arrange how the different assets of the project will be transferred and how the payment will be made. ProjectsForSale is not involved in the sale process whatsoever (at least not yet 😉). You as a buyer need to ensure that the sale is valid and own all risks involved during the sale. Here are some tips when arranging a sale with a seller.
- Make sure all/any legal & sales-related paperworks are done. Often, there are documents such as Letter of Intent, Non-Disclosure Agreement, Contract of Sale and Transfer of Intellectual Property involved. If you need any of these, please make sure you consult your lawyer and have all documents signed by both you and the seller before proceeding with transfer of your project.
- List all assets that will be included in the sale – e.g. domain name, code, design materials, data and agree with the buyer and work out when and how they will be transferred.