FREQUENTLY ASKED QUESTIONS
HOW FAST CAN I GET MONEY?
Once you’ve accepted the offer, completed the security protocol and executed the transaction documents, we initiate the payment. You can expect funds the next business day.
HOW LONG DOES IT TAKE TO SIGN UP FOR THE FREE MEMBERSHIP? WHAT DO I NEED?
Once you have all your documents and details ready, the membership sign up process takes about 5 minutes. Please
click here for our handy free membership application checklist. Below is a tutorial for becoming an Open On Sunday member.
VIDEO I SIGNED UP TO BECOME A MEMBER BUT DON’T WANT TO SELL NOW. DO I HAVE TO SELL WHEN I SIGN UP?
No, you don’t. When you’re ready, log back into your membership portal and start the process at your convenience. If we have to update our proprietary analytical engine with more current information, we will let you know. HOW MUCH OF MY CATALOG CAN I SELL?
You may choose to sell up to 75% of your catalog. The minimum single transaction size is $5,000 and the maximum single transaction size is $250,000. I’VE BEEN RELYING ON MY PUBLISHING AND OTHER INCOME. WHAT WILL HAPPEN TO MY INCOME AFTER I SELL?
Unless you sell 100% of your catalog rights, you will continue to receive royalty and related income proportional to your remaining ownership. For example, if you are receiving $10,000 a year and sell Open On Sunday a 50% interest, you will continue to receive $5,000 a year (or half of the royalty income). DO I LOSE CONTROL OF MY RIGHTS?
No. You will retain administrative control of your rights unless you sell more than 75% of your catalog. Also, where applicable, you are assigning to Open On Sunday the relevant audit rights related to your payors. We audit; we pay; everyone wins. DO YOU PROVIDE A COPY OF YOUR STANDARD PURCHASE AGREEMENT?
click here for our standard purchase agreement. RE YOU PURCHASING MY FUTURE CATALOG AS WELL?
No. You are only selling your current catalog. I REALLY LIKE THE BUYBACK FEATURE BUT NEED TO KNOW I CAN ALWAYS REPURCHASE MY CATALOG. HOW DOES THIS WORK?
When you sell a portion of your catalog to Open On Sunday, we provide you with a series of guaranteed buyback prices for the next year. Each year, you will be offered the opportunity to extend your buyback option. For as little as $100, you can guarantee your right to repurchase your catalog at our fixed “no haggle” prices over the forthcoming year. Open On Sunday allows you to rest easy knowing you don’t have to lose your catalog.
Note: the buyback extension option does not apply to 100% of catalog sale transactions. IS THIS SAFE & SECURE?
Very. This website is secured with a GoDaddy.com Web Server Certificate. Transactions on the site are protected with up to 256-bit Secure Sockets Layer encryption. Member information is stored on a protected Amazon Web Services cloud platform. Finally, Open On Sunday uses a third party ID verification and notarization service to protect its members’ assets. WHAT ABOUT PRIVACY AND MY PERSONAL INFORMATION?
We treat all information provided by members as highly confidential. We do not sell, lease or assign your individual data. We don’t send you third party marketing messages. HOW CAN I GET MY MONEY?
We currently offer payment in US dollars, and process payments via bank transfer, paypal or wire service. In the future, we will provide instant money via the Open On Sunday membership app. WHAT DOCUMENTATION DO I GET?
After completing any transaction, you will be provided with copies of all executed agreements. This information remains available to be downloaded at your convenience from your personal member portal. WHAT IF I HAVE BAD CREDIT?
We are not lenders, so we don’t care about your credit rating. That’s your business. CAN YOU HELP ME WITH BANKRUPTCY OR FORECLOSURE?
Open On Sunday turns your lien-free royalty and publishing income into a lump sum of cash that you can use to settle debts or forestall actions by your creditors. If your income has been attached by creditors, please speak with your advisor to see if Open On Sunday can be the bridge to a debt-free future. CAN I GET MY MONEY WITHOUT A BANK ACCOUNT?
Open On Sunday can deliver funds via Western Union or other wire service payment methods.