Re: Account worth

["Crash Gordon" <webmaster@xxxxxxxxxxxxxxxxxxxxx>]

...and substantially lowers the selling price.


--
**Crash Gordon**







"Nomen Nescio" <nobody@xxxxxxxxx> wrote in message
news:7855f542c635c83e1a87c8470a9157f5@xxxxxxxxxxxx
>>technically, without a contract...you have nothing to sell.
>
> Not necessarily.  If the seller has his customers signed up to
> month-to-month contracts, the accounts may still have value, though
> probably less than a longer-term contract would be worth.
>
> If the seller has no contracts at all, or contracts that don't contain the
> proper language to limit liability, the buyer may require the seller to
> sign his accounts up on the buyer's contract form as a condition of sale.
> Not the best arrangement for the seller, obviously.
>
> Finally, nobody has mentioned the guarantee period.  The seller will be
> expected to guarantee that the accounts he sells will continue making
> payments to the buyer for some period of time after the sale.  Part of
> this
> is to keep sellers from getting paid for deadbeat , cancelled, or
> nonexistent accounts, part of it is to protect the buyer from paying for
> accounts that cancel or go out of business a short time after the sale.
> The buyer holds back a percentage of the purchase price until the end of
> the guarantee period.  Even on month-to-month contracts, this amount gives
> the buyer some protection.
>