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What % of a sale should you charge for NDA?

Labeled as question in Domain Selling and Domain Sales started by Avtar629, Jul 17, 2019.

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  1. Avtar629

    Avtar629 MarketDN.com Gold Account VIP

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    I have a deal lined up for tomorrow. Crossing my fingers. I gave buyer option for Non-Disclosure Agreement. What percentage should I charge to keep my mouth shut about the sale? And how do you explain why you are charging an NDA fee?

    Thanks in advance.
     
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  2. bmugford

    bmugford www.DataCube.com PRO ICA Member VIP ★★★★★★★★★★

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    0%. You gave them the option.

    Don't blow a deal by trying to introduce extra fees.

    Brad
     
  3. EZPZYO

    EZPZYO Hack IT Crack IT VIP

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  4. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP

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    I tend to agree with @bmugford don't mess it up - if they want confidentiality of price honour that without asking for anything at all.
    But to answer your question my understanding is that Sedo charge 2.5% to have confidentiality of sale.
    I hope your sale goes through, @Avtar629 !
    Bob
     
  5. Avtar629

    Avtar629 MarketDN.com Gold Account VIP

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    so no one has ever charged a fee not to disclose a sale? nothing in this world is absolute....

    seriously.............and as bob hawkes just mentioned Sedo charges 2.5%.

    so it is a fair question to ask. Thanks bob hawkes. Question asked and Answered.

    The question was what percentage. Not "if you should".

    But thanks Bmugford for the input.

    did I forget someone? :xf.grin::xf.wink:

    Edit: as usual. I'll probably f*** this deal up. greed. It's a terrible thing. lol
     
    Last edited: Jul 17, 2019
  6. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    You never charge for an NDA. I would never give the buyer that option, wait until they mention it.

    If a seller gave me the NDA option and then said but its going to cost you, I would tell them to stick their domain where it fits :xf.wink:
     
  7. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    You should not offer it, if you make the sale do you want to announce it? So just do the deal and announce it, if they ask you for an NDA you can then decide how much you want to charge for the NDA. I want my sales public and believe in price transparency, I would never sign an nda (with the 1 exception that it was life changing money, and I would never have to be involved in domaining again) and have both personally and had clients I was brokering for tell the buyer, no NDA, if you are insistent there is a fee, quite happy continuing to own the name.

    The best one was brokering for a client and friend in .tv many years ago, the price was $15,000 and insistent on an NDA. My friend said no to the NDA, .tv sales being announced is important to me and my portfolio, he went higher than Sedo, the price for the NDA was $16,500 so 10%. They said forget it, my client told me to tell them they already forgot their name, and some other stuff I could not mention, it got quite contentious. One year later the buyer came back and paid $16,500 and got their NDA. So they postured for nothing and wasted a year.
     
    Last edited: Jul 17, 2019
  8. DeliDomains

    DeliDomains Oswin

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    As others say, depends on the magnitude of the sale and if the buyer insists for a NDA, then you offer. But I wouldn't get greedy in asking for more, might as well include the amount in the sale price.
     
  9. Avtar629

    Avtar629 MarketDN.com Gold Account VIP

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  10. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    Just post your sales on the domain sales thread
     
  11. Avtar629

    Avtar629 MarketDN.com Gold Account VIP

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    Cool sorry. Link? I might go to the wrong one.
     

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