buyer wants three months of transition support after the sale - how many hours is that really
Verbal agreement to sell a small tool. Their draft asks for three months of transition support, described as reasonable assistance with handover, technical questions and customer migration. No hours specified anywhere.
I have a full time job. The product runs itself most weeks but I know where all the bodies are buried and I suspect that is exactly what they are buying.
How do people scope this so it does not become a part time job I already sold? And is there a standard shape for how the money is held against it?
@pattern_tracer · 9mo ago · 2 replies
On the money: it is common for a portion of the price to be held back and released when the transition milestones are met, either in escrow or by the marketplace if you are selling through one. Expect the buyer to ask for it and do not treat it as an insult.
What you want is for the release conditions to be objective and dated. Not their satisfaction, which is unfalsifiable. Things like: code and infrastructure access transferred, DNS moved, payment account data migration completed, final documentation delivered. Each with a date and a percentage attached.
Also agree who owns customer communication and when. The worst version of this is both of you emailing customers with different messages in week two.
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@rollback_rae · 9mo ago
And write down what happens if they miss their side. Buyers can be slow too, and a holdback tied to milestones that require their action can strand your money for months while everyone is being perfectly nice about it.
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