The dotbiz4sale platform includes a login process for buyers and sellers. Each member signs a contract obligating a member to pay to dotbiz4sale a certain percentage of the transaction that would take place between two dotcom entities. A buyer can search for a list of available dotcom businesses and can advertise its needs(i.e., a ‘wanted’ ad). A seller can list its business, or entity for sale, search for buyers’ wanted ads, or place an advertisement to sell the business.

Initially, the information is available anonymously. Once an interest is created, identification will be provided between parties, and contracts will be signed by both buyer and seller before continuing any discussion. As the agreement is reached and the transaction is made, both buyer and seller must inform dotbiz4sale. The buyer will pay to dotbiz4sale an agreed-upon percentage (5%) of the transaction price.

Once you become a member of the dotbiz4sale.com network, you can perform the following functions:

• Request for entry into Sales listing.
• Contact seller of a business in Sales listing.
• Place a request for entry into the Place a Request Section.
• Respond to an entry in the Wanted Businesses listing.

A buyer shall have access to his portfolio, which dynamically updates itself as you commit transactions.

As a buyer, your portfolio shall list all of the businesses with which you have made an offer along with the offer date and comments.

As a buyer or seller, your portfolio shall contain all of the businesses you want to either buy or sell. They will be put in Wanted Ads along with their Advertised Date. You will have a check box to choose as an option to remove the business from the listing.

As a seller, your portfolio shall list all of the businesses you have put up for sale. This portfolio shall include category, date of listing and a check box to choose an option to remove your selection from the listing.

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