RedCoin’s 5 simple steps to buying a trademark
Are you interested in selling one of your trademarks but are unsure of the process? Here is a straightforward process with everything taking place on the RedCoin® platform. If you have any further questions that we haven’t covered, please see our FAQs, or drop us a line using the comments box.
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Step one
Search for a suitable mark, remembering to add the relevant trademark classes and territories you want. Once you have found the mark you want to buy, it may be advisable to check the details are in line with the records of the relevant Intellectual Property Office.
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Step four
If you’re not an IP professional, contact your trademark attorney or legal advisor and ask them to draw up the transfer documents. Send these to the seller for agreement, signing and sending back to you, all via the RedCoin® platform secure messaging facility.
RedCoin’s 6 simple steps to selling a trademark
Are you interested in selling one of your trademarks but are unsure of the process? We’ve tried to keep the process as straightforward as possible, with everything taking place on the RedCoin® platform. All the steps are outlined below. If you have any further questions that we haven’t covered, please see our FAQs, or drop us a line using the comments box.
RedCoin’s 3 simple steps to setting up a seller account
Are you interested in selling one of your trademarks but are unsure of the process? The first thing you need to do is open a seller account. This will mean you have to be verified to ensure you are legally able to sell the trademark (ie, that you are the owner, their legal representative or acting in another legal capacity, such as a liquidator). All the steps are outlined below. If you have any further questions that we haven’t covered, please see our FAQs, or drop us a line using the comments box.
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Step one
Select your account: most buyers will be part of the 20:20 Club. The account costs nothing to register, and you pay only £20 per listing and a 20% commission when the mark sells. Please go ahead and register.
If you have more than 300 marks to list, please contact us to discuss a better fit for you.
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Step three
Once you are verified, you will need to buy listing credits. You can choose how many you want to buy at any time, but please note that any unused credits expire after twelve months. You can top-up your credits whenever you want. Once you’ve done that, you’re able to start listing your marks: good luck!
Are you worried about the payment process for buying or selling what could be an expensive trademark? We have partnered with Escrow.com – one of the world’s leading and safest escrow providers – to ensure all parties are protected. Whether you are a buyer or seller, you will need to register an account to use the RedCoin® platform. The main steps are outlined below. If you have any further questions that we haven’t covered, please see our FAQ page, or drop us a line using the comments box.
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Step one
If you wish to buy or sell trademarks on the RedCoin® platform, you will need to use the embedded Escrow.com facility to do this. You can register an account on Escrow.com through the RedCoin platform, or log in to your existing Escrow.com account.
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Step two
Once you have agreed a price for a trademark, you will be directed to the escrow facility where details of the transaction will be automatically present. A buyer will need to put their money into escrow (either from a credit or debit card, or via a wire transfer).
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Step four
Once both parties are happy with the documents, you alert Escrow.com of the completion of the negotiations and the payments are passed to the seller. If you are unable to reach an agreement on the documents, you are able to cancel the transaction. The money will be returned to the buyer.