EPIK lease escrow

[loredan]

Sorry for off topic, @Rob Monster to list at Epik marketplace the name has to be registered with Epik or any other registrar would do?

 

[Rob Monster]

Sorry for off topic, @Rob Monster to list at Epik marketplace the name has to be registered with Epik or any other registrar would do?

NamePros members can be approved to list domains that are registered elsewhere. Just contact our support team or PM me here at NP and we'll get you set up with an account that gives you:

- NamePros pricing, e.g. $8.49 for all-inclusive .COM
- Free SSL parking landers
- Ability to park, sell and lease non-Epik domains
- Ability to do commission-free escrow for domains registered at Epik where buyer pays via wire or crypto.

 

[pooky]

This is where you offer a DOMAIN LEASE with the option to buy.

For example, we just closed a transaction this morning where a seller wanted $175,000 but the buyer could not afford it. This is a large domain investor who does almost no leases. And now, the buyer is paying $1000 per month for a LEASE, with a $175K purchase OPTION. The $1000 per month is "found money" for a domain that I am guessing most NP members would have happily sold for $5-10K. It is a brandable name.

LEASE, LEASE, LEASE. If you are not doing domain leases you are completely missing the boat. LEASING and CRYPTO are the 2 megatrends of the domain industry now.

Domain leasing how-to: https://www.epik.com/support/knowledgebase/selling-and-leasing-domains-on-epik/

Crypto escrow: https://www.epik.com/services/escrow/

What happens if the buyer acquires a trademark for the domain keyword during the lease period - does the Epik lease agreement cover this?

 

[Rob Monster]

What happens if the buyer acquires a trademark for the domain keyword during the lease period - does the Epik lease agreement cover this?

It varies by lease. He is one version:

Conditioned on Buyer paying the Purchase Price (defined below) Seller sells, assigns, conveys, and transfers to Buyer the entire right, title, and interest in and to the Domain Name. Without making any representation or warranty regarding Seller’s trademark rights or other rights in the lettering, wording, or phrasing of the Domain Name, to the extent that Seller has any such rights, Conditioned on Buyer paying the Purchase Price Seller sells, assigns, conveys, and transfers to Buyer the entire right, title, and interest in and to the lettering, wording, or phrasing of the Domain Name, together with any goodwill symbolized thereby and documentation relating thereto.

In other words, people lease with the full intention of owning. It is just a financing vehicle that conserves startup cash. It is has been a success model and an overwhelming win-win for lessor and lessee.