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DomainBroker.uk.com Terms and Conditions

These are our terms and conditions of business. They explain the basis on which we offer our services and in particular what you can expect from us and what we expect from you. The terms and conditions are important and you should read them carefully. If there is anything in the terms and conditions that you do not understand please contact Domain Broker on 01761 453949 or email contact@domainbroker.uk.com

PLEASE NOTE NEW CHANGES APPLICABLE FROM NOVEMBER 2011

From November 2011 new listings charges will apply and commission fees removed. This change only applies to the open catalogue. Domain owners and buyers will now be able to trade directly with each other. We feel it will improve and simplify trading conditions and is more flexible for domain sellers. We will continue to act as broker upon instruction with our terms of business in that area are unchanged.
We have expanded our service to include a new domain agency using our expertise within the growing domain rental/leasing business.
NEW FEES
Single domain listing fee £10.00 per single domain.
Multiple domain listing of up to 50 domains £20.00.
Domains are listed in the catalogue for a duration of three months, after which we send out a reminder to re-list any unsold or un-rented domains.
AGENCY FEES FOR RENTALS
10% of the annual lease fee payable on signature, plus £59.00 for setup and standard contract agreement.

1.) Passwords and Security
In the event we issue you with a password and user name. It is important that you keep these secret. If you think that anyone else knows your password and/or user name you must tell us immediately and change your password. We may change your password without first telling you if we think that it is being used by another person. If you are a corporate user, then the company is also responsible, together with the individual using the account.

2.) Domain Brokerage Explained plus Fees and Charges
2a) DOMAIN SELLING (ACTING AS YOUR BROKER TO SELL) A fixed advanced payment broker fee £65.00 per domain, multiple domain sales by negotiation.
Plus a commission charge of 15% of the total domain selling price payable by the seller to domain broker on the completion of each sale.
2b) DOMAIN SELLING PROCESS EXPLAINED
If you are looking for buyers and require expert help marketing your domains then our broker service will promote your domains through various platforms in the pursuance to achieve a sale. When negotiating with one or more buyers, we will keep you informed during negotiations and seek your approval before a final agreement is reached.
2c) DOMAIN ACQUISITIONS (ACTING AS YOUR BROKER TO BUY) A fixed advanced payment broker fee £65.00 per domain. On completion of a successful purchase there is a fixed fee commission charge of 15% of your initial budget.
2d ) DOMAIN ACQUISITION PROCESS EXPLAINED
During this process your details will be kept private and anonymous. Our service also includes search and locate if the owners details are unknown, and then a private approach to the domain owner to initiate interest and if possible start negotiations. The Fee payable for this service is £65.00 per domain. Emails are the usual means of negotiation and contact, however where hard copy confirmation is necessary and signatures required, letters will be sent at a cost of £35.00 per letter. All transfer fees are the responsibility of the new domain owner. Additional administration charges may also apply for legal documents and certificates. The seller will receive payment less fees after all domain/s new ownership details have been successfully transferred and payment received for the domain/s with domain broker UK. Smaller transactions under £1000.00 are paid into our paypal account and after transfers are successfully completed monies paid to entitled parties. Transactions over £1000.00 are paid into an Escrow holding account until successful transfers are completed. In the event of high value domain sales we will agree, if preferred, to third party solicitors acting as agents to hold and disperse monies to the appropriate parties. All solicitor fees are charged to the seller or buyer or both as agreed between parties, Domain broker or their agents are not liable for any solicitor charges unless a prior agreement in contract and signed by domain broker's CEO has been negotiated as part of any agreement. You agree that you will pay the appropriate fees for the service on time. and payment terms are 7 days from date of invoice. You understand and agree that if you or your agents fail to make payments of fees when they are due, we may charge interest on late payments at an annual rate of interest equal to the base lending rate of National Westminster Bank plc plus 4%.
 
3.) Personal Data
You warrant that the name, address and payment information that you provide to Domain Broker is correct and you agree to notifying Domain Broker of any changes in name, address and/or payment details. All customer data is covered by our strict privacy policy. we do not sale, distribute or enter into any third party agreements that may compromise your data. We may use your data within our group company for promotional purposes but only with your permission to do so, You have the option at any time to refrain from receiving any such information from us. We conclude that by using our site services you allow us to send promotional material from time to time, and will assume that is the case until you inform us otherwise. Any information held by us about you will be available for inspection by you in accordance with the terms of the Data Protection Act 1984.

4.) Changes, Amendments and Notices
We reserve the right to change our prices or withdraw our services at any time. If at any time a domain we have been instructed to act for is bought or sold by means other than domainbroker.uk.com we reserve the right to claim our commission as if we were acting as your broker and any outstanding fees that may accrue. You are also responsible for reviewing regularly information posted on-line in the terms and conditions page.

5.)Appraisals (Domains & Websites)
The appraisal service we provide on domainbroker.uk.com is a valuation based on our opinion. Appraisal figures can vary and other brokers may have different opinions on perceived values, we advise that an appraisal from us and in general is used as a guide only and that we cannot be held responsible for the value or advice we give on your domain or any future value the domain may achieve. DomainBroker.uk.com look to provide a professional service. We take serious precautions to ensure against domain fraud, and endeavour to protect our clients in as far as we can. we take measures to confirm domain ownership, and deposit money to companies or individuals only on satisfactory completion of the transaction. DomainBroker.uk.com accepts no liability whatsoever if a transaction should fail or an offer is withdrawn, this also extends to our employees any associated companies or our agents. we may however accept limited liability if we have failed to follow our procedures.

6)Payments
The seller will receive payment after all domain/s new ownership details have been successfully transferred and payment received for the domain/s with domain broker. We use PayPal as our chosen merchant. PayPal is a trusted and secure partner. You can process most credit cards securely and safely through PayPal without the requirement to have your own PayPal account. On receipt of payment into our bank account and after all parties are satisfied, we transfer monies directly into your bank account and aim to do this within 24hrs, However, We offer payment by cheque if you prefer.

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