Sell It Already
Sell It Already
@SellItAlready

Signing the buyer's first-draft purchase agreement is how sellers give away protection they'll beg for in 60 d

Signing the buyer's first-draft purchase agreement is how sellers give away protection they'll beg for in 60 days.
Redline these before you sign:
— Reps and warranties: narrow them. Don't warrant things you can't control post-close.
— Indemnification cap and a hard time limit — uncapped liability means you 'sold' nothing, you rented risk.
— Escrow terms: how much, how long, what releases it. Vague escrow = your money held hostage.
— Non-compete scope — keep it narrow to your exact niche, not 'the internet.'
The agreement is where the price actually lives.
Signed a buyer's template untouched? Tell me what it cost you later.
Этот пост опубликован в Telegram-канале Sell It Already. Подписаться можно по ссылке: @SellItAlready.
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