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Buying Online Business FAQs | Selling Online Business FAQs

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Fees & Plans

  • Why do you charge both a listing fee and a closing fee? The listing fee is the minimal charge for participating in the venforo marketplace. Currently, the Basic plan is free with the introductory coupon DiscB and the premium Gold, Platinum & Incognito plans are discounted. The closing fee is charged to the seller when a successful auction or BuyNow sale occurs. It is due and payable within 30 days of the end date of the auction or BuyNow sale.
  • What is an Incognito listing? These listings are designed to protect your and the business’s identity as well as the confidentiality of the listing information. Access to detailed information beyond the basics is at the discretion of the seller normally after receiving a signed Non-Disclosure Agreement.
  • What is the difference between the Gold and Platinum Plans? Both pricing plans offer excellent enhancements to get a positive outcome. The Platinum Plan offers additional features such as enhanced text and graphics to enable your web business or property to stand out in the venforo search results.
  • What type of image files are allowed to be unloaded and posted with the Platinum Plan? Currently, .jpg, .gif and .png files only are allowed to be uploaded with Platinum.

Listing & Selling

  • What is the BuyNow price and how does it work? This is the price published by the seller that a buyer can bid, win the auction and end the listing immediately. The Buy/Now option is removed after the first auction bid is placed.
  • What is the reserve price? This is the non-published price the seller is willing to accept for the business or internet property. It is determined by the seller during the initial listing creation process and cannot be changed after the listing is published.
  • Can I revise my listing after it is published? To ensure the integrity of the auction process, editing a listing after it is published is not allowed, at this time. Minor revisions and updates can be added in the public comments area. Review our Best Practices for Sellers to get the most out of your listing.
  • What type of sites are prohibited from being listed on venforo? Adult sites and sites deemed to be obscene, offensive or vulgar cannot be listed. Additionally, sites and businesses engaged in activities illegal in the United States and its states and/or territories are prohibited from participating in the venforo marketplace.
  • Can I list my web property on venforo and other online marketplaces? During the listing period, you are not allowed to list, promote or offer to sell the web business or internet property with 3rd parties or directly to buyers. The purpose of this restriction is to avoid your potentially entering into agreements with multiple buyers at the same time and to ensure winning buyers are able to obtain complete ownership at the end of a successful auction.
  • Why do you provide the ability to list assets in the listing detail? Listing all the assets (ex. domain name, website content, affiliate network, inventory, etc.) included in the sale enables both the seller and the buyer to have a thorough understanding of what is included in the listing offer. This will minimize misunderstandings during post-auction communication and post-sale property transfer.
  • My domain and website does not have any traffic or revenue yet. How do I fill in the revenue and traffic data when creating a listing? If your web property does not have any historical traffic or revenue, just enter 0 in one or more of the monthly fields in each of the sections.
  • Do I have to sell the domain name of the website as part of the sale of my business? Yes. The domain name is considered an integral part of the online business or internet property being sold.
  • My web property did not sell during the listing period. Can I relist it? Yes. Depending on the plan selected when the listing was initially created the listing may be extended for free (Gold & Platinum) or at a discounted rate (Basic)
  • Can I change my listing when it is re-listed? All Plan listings may be revised and updated as needed when re-listed for sale. Complete all revisions to the listing detail PRIOR to publishing the re-listed web property for sale.
  • Can I use HTML to create a listing? venforo offers a markdown editor for the description field that provides options for sprucing up the details about your business. To provide a consistent marketplace experience, use of HTML in other areas is not enabled.
  • Can I close a listing before the listing period is over? After a BuyNow or auction bid at or greater than the reserve price is placed, the listing cannot be removed and you are obligated to sell. However, if circumstances arise that require withdrawal of a listing, please contact venforo Customer Support.

Bidding & Buying

  • How do I research a business or property listed on venforo? The listing detail should provide substantial information to spark potential interest in a business or property. This is a good starting point for conducting due diligence before placing a bid. Refer to our Best Practices for Buyers for tips and advice on researching businesses and sellers.
  • Can I retract a bid? Bids placed on venforo are considered binding and irrevocable per our Terms of Use Agreement to ensure fairness to other potential buyers and the seller.

Communicating & Messaging

  • How do I communicate with a buyer or seller during an auction? Registered users may post public comments in the listing detail. venforo also provides private messaging between potential buyers and sellers via the user’s account Dashboard.
  • A buyer emailed me about making a deal on my listing. What do I do? If you are contacted about purchasing your business outside of venforo, do not respond. This prohibition is for your and other interested buyers protection. Per the venforo Terms of Use Agreement, attempts to transact business outside of venforo will result in the immediate suspension of a user account. Please contact venforo Customer Support when this type of contact occurs.

Endings & Outcomes

  • What happens at the end of an auction? venforo will email a notification to all interested parties of the status of the listing. At the end of a successful auction or BuyNow sale, your username, first name, last initial, email address, and phone number will be made available via the Dashboard to the seller and winning bidder to facilitate the completion of the sale.
  • How can I ensure that the payment and asset transfer will go smoothly at the end of a successful auction? venforo wants positive outcomes for buyers and sellers. Please review our Closing Guide for detailed advice on the process leading up to the final sale and transfer of the business or property.
  • Will venforo hold a deposit in escrow from the winning bidder after a sale? venforo is not an escrow agent or internet business broker and does not hold funds or property on behalf of any party to a transaction. For assistance in finding an escrow service, consult a qualified attorney or contact a reputable online provider such as Escrow.com

social mention venforo.com CoolSocial.net Snippet

Buying Online Business FAQs | Selling Online Business FAQs

<h4>Fees & Plans</h4> <ul class="customList"> <li> <strong>Why do you charge both a listing fee and a closing fee?</a></strong> <i> The listing fee is the minimal charge for participating in the venforo marketplace. Currently, the <a href="/Listings/SelectType" title="View venforo's Listing Plans & Pricing">Basic</a> plan is free with the introductory coupon DiscB and the premium <a href="/Listings/SelectType" title="View venforo's Listing Plans & Pricing">Gold, Platinum & Incognito</a> plans are discounted. The closing fee is charged to the seller when a successful auction or BuyNow sale occurs. It is due and payable within 30 days of the end date of the auction or BuyNow sale.</i> </li> <li> <strong>What is an Incognito listing?</strong> <i>These listings are designed to protect your and the business’s identity as well as the confidentiality of the listing information. Access to detailed information beyond the basics is at the discretion of the seller normally after receiving a signed Non-Disclosure Agreement.</i> </li> <li> <strong>What is the difference between the Gold and Platinum Plans?</strong> <i>Both pricing plans offer excellent enhancements to get a positive outcome. The Platinum Plan offers additional features such as enhanced text and graphics to enable your web business or property to stand out in the venforo search results.</i> </li> <li> <strong>What type of image files are allowed to be unloaded and posted with the Platinum Plan?</strong> <i>Currently, .jpg, .gif and .png files only are allowed to be uploaded with Platinum.</i> </li> </ul> <h4>Listing & Selling</h4> <ul class="customList"> <li> <strong>What is the BuyNow price and how does it work?</strong> <i>This is the price published by the seller that a buyer can bid, win the auction and end the listing immediately. The Buy/Now option is removed after the first auction bid is placed.</i> </li> <li> <strong>What is the reserve price?</strong> <i>This is the non-published price the seller is willing to accept for the business or internet property. It is determined by the seller during the initial listing creation process and cannot be changed after the listing is published.</i> </li> <li> <strong>Can I revise my listing after it is published?</strong> <i>To ensure the integrity of the auction process, editing a listing after it is published is not allowed, at this time. Minor revisions and updates can be added in the public comments area. Review our <a href="/BestPractices" title="View venforo's Best Practices for Sellers">Best Practices for Sellers</a> to get the most out of your listing.</i> </li> <li> <strong>What type of sites are prohibited from being listed on venforo?</strong> <i>Adult sites and sites deemed to be obscene, offensive or vulgar cannot be listed. Additionally, sites and businesses engaged in activities illegal in the United States and its states and/or territories are prohibited from participating in the venforo marketplace.</i> </li> <li> <strong>Can I list my web property on venforo and other online marketplaces?</strong> <i>During the listing period, you are not allowed to list, promote or offer to sell the web business or internet property with 3rd parties or directly to buyers. The purpose of this restriction is to avoid your potentially entering into agreements with multiple buyers at the same time and to ensure winning buyers are able to obtain complete ownership at the end of a successful auction.</i> </li> <li> <strong>Why do you provide the ability to list assets in the listing detail?</strong> <i>Listing all the assets (ex. domain name, website content, affiliate network, inventory, etc.) included in the sale enables both the seller and the buyer to have a thorough understanding of what is included in the listing offer. This will minimize misunderstandings during post-auction communication and post-sale property transfer.</i> </li> <li><strong> My domain and website does not have any traffic or revenue yet. How do I fill in the revenue and traffic data when creating a listing?</strong> <i>If your web property does not have any historical traffic or revenue, just enter <strong>0</strong> in one or more of the monthly fields in each of the sections.</i> </li> <li> <strong>Do I have to sell the domain name of the website as part of the sale of my business?</strong> <i>Yes. The domain name is considered an integral part of the online business or internet property being sold.</i> </li> <li> <strong>My web property did not sell during the listing period. Can I relist it?</strong> <i>Yes. Depending on the plan selected when the listing was initially created the listing may be extended for free (Gold & Platinum) or at a discounted rate (Basic) </i> </li> <li> <strong>Can I change my listing when it is re-listed?</strong> <i>All Plan listings may be revised and updated as needed when re-listed for sale. Complete all revisions to the listing detail <strong>PRIOR</strong> to publishing the re-listed web property for sale.</i> </li> <li> <strong>Can I use HTML to create a listing?</strong> <i>venforo offers a markdown editor for the description field that provides options for sprucing up the details about your business. To provide a consistent marketplace experience, use of HTML in other areas is not enabled.</i> </li> <li> <strong>Can I close a listing before the listing period is over?</strong> <i>After a BuyNow or auction bid at or greater than the reserve price is placed, the listing cannot be removed and you are obligated to sell. However, if circumstances arise that require withdrawal of a listing, please contact venforo <a href="#inline2" id="helpButton">Customer Support</a>.</i> </li> </ul> <h4>Bidding & Buying</h4> <ul class="customList"> <li> <strong>How do I research a business or property listed on venforo?</strong> <i>The listing detail should provide substantial information to spark potential interest in a business or property. This is a good starting point for conducting due diligence before placing a bid. Refer to our <a href="/BestPracticesForBuyers" title="Visit venforo's Best Practices for Buyers">Best Practices for Buyers</a> for tips and advice on researching businesses and sellers.</i> </li> <li> <strong>Can I retract a bid?</strong> <i>Bids placed on venforo are considered binding and irrevocable per our <a href="/TermsOfUse" title="View venforo Terms of Use Agreement">Terms of Use Agreement</a> to ensure fairness to other potential buyers and the seller.</i> </li> </ul> <h4>Communicating & Messaging</h4> <ul class="customList"> <li> <strong>How do I communicate with a buyer or seller during an auction?</strong> <i>Registered users may post public comments in the listing detail. venforo also provides private messaging between potential buyers and sellers via the user’s account Dashboard.</i> </li> <li> <strong>A buyer emailed me about making a deal on my listing. What do I do?</strong> <i>If you are contacted about purchasing your business outside of venforo, do not respond. This prohibition is for your and other interested buyers protection. Per the venforo Terms of Use Agreement, attempts to transact business outside of venforo will result in the immediate suspension of a user account. Please contact venforo Customer Support when this type of contact occurs.</i> </li> </ul> <h4>Endings & Outcomes</h4> <ul class="customList"> <li> <strong>What happens at the end of an auction?</strong> <i>venforo will email a notification to all interested parties of the status of the listing. At the end of a successful auction or BuyNow sale, your username, first name, last initial, email address, and phone number will be made available via the Dashboard to the seller and winning bidder to facilitate the completion of the sale.</i> </li> <li> <strong>How can I ensure that the payment and asset transfer will go smoothly at the end of a successful auction?</strong> <i>venforo wants positive outcomes for buyers and sellers. Please review our <a href="/LevelingThePlayingField" title="View the venforo Closing Guide">Closing Guide</a> for detailed advice on the process leading up to the final sale and transfer of the business or property.</i> </li> <li> <strong>Will venforo hold a deposit in escrow from the winning bidder after a sale?</strong> <i>venforo is not an escrow agent or internet business broker and does not hold funds or property on behalf of any party to a transaction. For assistance in finding an escrow service, consult a qualified attorney or contact a reputable online provider such as Escrow.com</i> </li> </ul> <br> <div id='coolsocialb'><div id='coolsociald'> <a href='http://www.coolsocial.net'>social mention</a> <a href='http://www.coolsocial.net/sites/www/venforo.com.html'>venforo.com</a> CoolSocial.net Snippet </div><script type='text/javascript' id='coolsocials'>(function() {function async_load(){var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true;s.src = 'http://www.coolsocial.net/get_snippet.aspx?url=venforo.com';var x = document.getElementById('coolsocials'); x.parentNode.insertBefore(s, x); }document.getElementById('coolsociald').innerHTML = '';if (window.attachEvent) window.attachEvent('onload', async_load); else window.addEventListener('load', async_load, false);})();</script></div>

List for Free with the Basic Plan - Use code DiscB