Posting, Buying, and Broker Policies
When posting a business or digital asset on Hatchit’s Website you are responsible for accuracy and content. Content must comply with all applicable laws and with Hatchit’s Prohibited Content policy. You are responsible for ensuring that content does not infringe on the rights of others and that you own and have the right to sell the assets listed. Hatchit is an affiliate of Escrow.com (our escrow agent affiliate) and LawDepot.com (our legal form affiliate). While we encourage you to use these services, you are not required to. Hatchit is not obligated to publish a pending post. Hatchit reserves the right at any time to modify or delete any post or content deemed inappropriate, misleading, or confusing for buyers. Hatchit requires that all posts are updated manually on a weekly basis at a minimum. If inquiries are made on posts that have gone under contract or have sold, it negatively affects our standings with our buyer community. Furthermore, all inquires expressing sincere buyer interest shall be replied to in a timely manner.
When buying a business or digital asset on Hatchit’s Website, you are responsible for verifying the accuracy of posts, for gathering the due diligence materials necessary to make an informed decision regarding the business or asset, and for verifying the seller's ownership. Hatchit does not verify the accuracy of posts or the seller’s ownership of assets listed. The buyer is responsible for conducting due diligence and confirming accuracy and ownership prior to completing a transaction with a seller. Hatchit does not take ownership of assets, or transfer legal rights to assets from one party to another. We encourage the buyer and seller to use a third-party escrow service and to execute a legally-reviewed document for the transfer of assets. Hatchit is an affiliate of Escrow.com (our escrow agent affiliate) and LawDepot.com (our legal form affiliate). We encourage, though do not require, buyers and sellers to employ these services to minimize risk in any transaction.
BROKER MATCH SERVICE:
If you choose to participate in Hatchit's Broker Match service, you give Hatchit the right to share the information you provide about your business to suitable business brokers in Hatchit's network. These business brokers may generate a valuation report based upon that information. Hatchit does not represent, endorse or guaranty the accuracy or reliability of any advice, opinion, statement, or any information displayed or distributed through any broker website or any report generated by a particular broker. Their review of your business and whether they decide to list it is entirely their decision and, if agreed to, will involve a separate listing agreement.
THIRD PARTY POSTS:
You acknowledge and agree that Hatchit can publish royalty free your post that you submitted to Hatchit on third-party websites, such as LinkedIn®, Twitter® or Google®. Hatchit represents, warrants, and covenants (as applicable) to You that it is solely responsible for all of its conduct with respect to any websites, banner ads, other online ads, electronic, messaging, social media, search engine optimization, and any other media property or tools (“Media”) that Hatchit uses to display or distribute your post, including but not limited to the development, operation, and maintenance of your post and all content that appears on or within Twitter® and LinkedIn® or published elsewhere. In order to incur such expenses to publish your posting at third party websites, you agree that your post that you submitted to Hatchit is in full compliance with all then-current applicable laws, regulations, and guidelines, including but not limited to the Federal Trade Commission Act (“FTC Act”), Federal Trade Commission’s Telemarketing Sales Rule, the Telephone Consumer Protection Act, California Civil Code Section 1798.83, FTC Guides Concerning the Use of Endorsements, the Children’s Online Privacy Protection Act, the Electronic Funds Transfer Act and implementing regulations, the Restore Online Shoppers’ Confidence Act and all state laws regulating negative option programs including, but not limited to, California Business & Professions Code Section 17601 et seq.,