Difference between revisions of "MillionDollarWiki:Resale"

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As each page and keyword can only have one owner, the demand for premium pages is likely to cause an increase in resale value.  Million Dollar Wiki pages can be resold by their owners per the terms and conditions listed below. 
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== Re-Selling ==
 
== Re-Selling ==
*If you purchase a word in the Million Dollar Wiki, you can later sell that word to someone else!  
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*If you purchase a page in the Million Dollar Wiki, you can later sell that word to someone else!  
 
*Some restrictions do apply.  
 
*Some restrictions do apply.  
*Please make sure you read this entire page before attempting to sell your word.
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*Please make sure you read this entire page before attempting to sell your page.
 
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== Requisites ==
 
== Requisites ==
#'''No one can re-sell a word before the Million Dollar Wiki has sold its goal of 10,000 words.'''
 
#All Re-Sale transactions are processed through the Million Dollar Wiki. We take 20% of the final sale price.
 
#All sales / purchases are processed through Google Checkout.
 
  
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#'''Important: Million Dollar Wiki pages are eligible for resale and ownership transfer only after they are 60 days old.''' This transfer restriction is a necessary security measure against fraudulent purchases.
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#Page owners are no longer required to sell their pages through us or pay a commission to sell.  You are welcome to list your page for sale elsewhere and keep all profits.
  
== Check back for updates ==
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#Sales of accounts and username/logins are not permitted.
*As we get closer to selling 10,000 words, we will update this page on Re-Selling. For now, the general process is outlined below. This is subject to change.  
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== Recommended ==
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# eBay is an excellent place to list your Million Dollar Wiki page for sale. ( [[Business]] sold for over $6,000 there.)
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# If you list your wiki page for sale on eBay, include the word "MillionDollarWiki" in your title (no spaces or quotes).  This will increase exposure to your listing and enable it to appear in searches and on our resale page here on MillionDollarWiki.com. 
  
 
== Process ==
 
== Process ==
#When you first decide you want to sell your word, send us an "Intent to Sell", which states that you intend to sell your word, and whether or not you want us to place your word on our public list of words available for re-sale.
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#To transfer a page to a new owner, [http://www.milliondollarwiki.com/Special:Pm/compose Send a private message] to Caretaker with either the new owner's MillionDollarWiki username, or their name and email address if they are not yet a member. We will promptly transfer the name to their account, and send them and you a confirmation message.
#When you have found a buyer, you send us an "Arrangement of Sale". It includes your name, address, email address, and phone number. It also includes all the same information for the buyer.
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#We then call you to verify your identity information, the sale price, and the buyer.  
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#We then call the buyer to confirm their information and identity.
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#We then send the buyer an invoice. They pay us via credit card or check. As soon as the payment clears, we take our percentage of the final sale price (20%), and forward you the remaining 80%. We pay you via check or Google Checkout.
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#After the transaction is completed, we send the buyer a new username and password that the buyer can use to create new content for the page purchased. The content still must meet the guidelines. The buyer then has two weeks to finalize the content of the page before it is frozen indefinately, until another sale is arranged.
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#You no longer hold any rights to the page.
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Latest revision as of 02:23, 9 January 2020

As each page and keyword can only have one owner, the demand for premium pages is likely to cause an increase in resale value. Million Dollar Wiki pages can be resold by their owners per the terms and conditions listed below.

Re-Selling

  • If you purchase a page in the Million Dollar Wiki, you can later sell that word to someone else!
  • Some restrictions do apply.
  • Please make sure you read this entire page before attempting to sell your page.

Requisites

  1. Important: Million Dollar Wiki pages are eligible for resale and ownership transfer only after they are 60 days old. This transfer restriction is a necessary security measure against fraudulent purchases.
  1. Page owners are no longer required to sell their pages through us or pay a commission to sell. You are welcome to list your page for sale elsewhere and keep all profits.
  1. Sales of accounts and username/logins are not permitted.

Recommended

  1. eBay is an excellent place to list your Million Dollar Wiki page for sale. ( Business sold for over $6,000 there.)
  2. If you list your wiki page for sale on eBay, include the word "MillionDollarWiki" in your title (no spaces or quotes). This will increase exposure to your listing and enable it to appear in searches and on our resale page here on MillionDollarWiki.com.

Process

  1. To transfer a page to a new owner, Send a private message to Caretaker with either the new owner's MillionDollarWiki username, or their name and email address if they are not yet a member. We will promptly transfer the name to their account, and send them and you a confirmation message.