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What is the difference between a Private Transfer and a Private Sale Transfer

Private Transfer and Private Sale Transfers

Updated over 9 months ago

A Private Transfer is a transfer of ownership of an venue seat asset (PSLs, SBLs, Memberships, SSLs etc) to a friend, family member or someone you already know. The transfer paperwork and fee are processed through the Marketplace.

A Private Sale Transfer is for a privately arranged sale to a buyer you may not know well. This type of transfer provides added security because the transfer paperwork, fee and sale price are all processed through the Marketplace. The fee for a Private Sale Transfer is 5% of the sale price and is the responsibility of the buyer.

A Private Transfer only handles the transfer of the asset, while a Private Sale Transfer handles the transfer of the asset along with the secure exchange of funds for the licenses.

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