Hello Friends,
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

I am asking this question because I am thinking to flip my assets for urgent cash in return?

Thanks!

You can sell the copyright to your images to someone else.

Quote from: Her Ugliness on December 30, 2023, 17:16
You can sell the copyright to your images to someone else.

Thank you for quick reply. I am now trying to find a place where I offer my portfolio. Please suggest some

Quote from: stockyme on December 30, 2023, 17:58

Quote from: Her Ugliness on December 30, 2023, 17:16
You can sell the copyright to your images to someone else.

Thank you for quick reply. I am now trying to find a place where I offer my portfolio. Please suggest some

Maybe contact Flippa and request if they can value your portfolio and list it for sale.

I'm not sure about this but  just for consideration, as you are essentially selling the copyright of your images,  you can't continue to sell them on other marketplaces.

Quote from: stockyme on December 30, 2023, 17:08
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

In theory, it is possible, but there are quite a few problems.

The person, who buys the images has to upload them again, which may cost a considerable amount of time, the images may not all be accepted again and they certainly lose their search positions. All these issues combined mean that you will probably get considerably less money for the images than you would get in the future by selling them yourself.

Also the person who buys the images would have to trust you that are no legal pitfalls in your portfolio and the images do not violate anybody's intellectual property.

Quote from: Big Toe on December 30, 2023, 23:45

Quote from: stockyme on December 30, 2023, 17:08
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

In theory, it is possible, but there are quite a few problems.

The person, who buys the images has to upload them again, which may cost a considerable amount of time, the images may not all be accepted again and they certainly lose their search positions. All these issues combined mean that you will probably get considerably less money for the images than you would get in the future by selling them yourself.

Also the person who buys the images would have to trust you that are no legal pitfalls in your portfolio and the images do not violate anybody's intellectual property.

I somewhere disagree with him.

You can transfer the rights to the buyer. You need not to delete that portfolio, just change the email ID to the buyers email.
The buyer also don't need to re-start everything, keep that portfolio running as it is as a separate portfolio.

Quote from: Artist on December 31, 2023, 10:54

Quote from: Big Toe on December 30, 2023, 23:45

Quote from: stockyme on December 30, 2023, 17:08
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

In theory, it is possible, but there are quite a few problems.

The person, who buys the images has to upload them again, which may cost a considerable amount of time, the images may not all be accepted again and they certainly lose their search positions. All these issues combined mean that you will probably get considerably less money for the images than you would get in the future by selling them yourself.

Also the person who buys the images would have to trust you that are no legal pitfalls in your portfolio and the images do not violate anybody's intellectual property.

I somewhere disagree with him.

You can transfer the rights to the buyer. You need not to delete that portfolio, just change the email ID to the buyers email.
The buyer also don't need to re-start everything, keep that portfolio running as it is as a separate portfolio.

And if the buyer already has his own portfolio on stock. Now he will already have 2 portfolios and 2 accounts. Wouldn't this be a violation of the stock rules?

Quote from: stockyme on December 30, 2023, 17:08
Hello Friends,
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

I am asking this question because I am thinking to flip my assets for urgent cash in return?

Thanks!

I heard that you can only sell your entire account with all your work. Your account will become the property of another person. No one will buy otherwise.

Quote from: stoker2014 on December 31, 2023, 11:34

Quote from: Artist on December 31, 2023, 10:54

Quote from: Big Toe on December 30, 2023, 23:45

Quote from: stockyme on December 30, 2023, 17:08
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

In theory, it is possible, but there are quite a few problems.

The person, who buys the images has to upload them again, which may cost a considerable amount of time, the images may not all be accepted again and they certainly lose their search positions. All these issues combined mean that you will probably get considerably less money for the images than you would get in the future by selling them yourself.

Also the person who buys the images would have to trust you that are no legal pitfalls in your portfolio and the images do not violate anybody's intellectual property.

I somewhere disagree with him.

You can transfer the rights to the buyer. You need not to delete that portfolio, just change the email ID to the buyers email.
The buyer also don't need to re-start everything, keep that portfolio running as it is as a separate portfolio.

And if the buyer already has his own portfolio on stock. Now he will already have 2 portfolios and 2 accounts. Wouldn't this be a violation of the stock rules?

No, such exceptions are taken care of with written permission from the agency.
You need to legally transfer the rights.

If this was violation, why do shutterstock owns bigstock?

Quote from: Artist on December 31, 2023, 10:54

Quote from: Big Toe on December 30, 2023, 23:45

Quote from: stockyme on December 30, 2023, 17:08
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

In theory, it is possible, but there are quite a few problems.

The person, who buys the images has to upload them again, which may cost a considerable amount of time, the images may not all be accepted again and they certainly lose their search positions. All these issues combined mean that you will probably get considerably less money for the images than you would get in the future by selling them yourself.

Also the person who buys the images would have to trust you that are no legal pitfalls in your portfolio and the images do not violate anybody's intellectual property.

You can transfer the rights to the buyer. You need not to delete that portfolio, just change the email ID to the buyers email.

From my point of view, this is not possible because of the taxes.

Quote from: Artist on December 31, 2023, 12:43
If this was violation, why do shutterstock owns bigstock?

Shutterstock sets rules for authors. What is possible for him is not the fact that it is possible for the authors. My point is that these questions need to be clarified from him.

Quote from: stockyme on December 30, 2023, 17:08
Hello Friends,
Can I sell my portfolio of 5k stock images to someone for a lumpsum price and remove it from my portfolio so they can sell it?

I am asking this question because I am thinking to flip my assets for urgent cash in return?

Thanks!

How many agencies or just one? As others have pointed out, you would need to transfer your entire account, with permission from the agency or agencies, otherwise how does the buyer know that the images will be approved?

You need at the very least, A) permission from the agency and B) a lawyer to write up the contract. Any model released images or property releases?

What everyone else agrees about is, you will be selling all future rights to your images, that are in this sale, forever and you can't ever use or do anything with them.

This is not easy. If you have a good record, maybe contact the agency and see if they want to buy you out and take over ownership?

Good Luck!

Quote from: Uncle Pete on December 31, 2023, 18:45

...
What everyone else agrees about is, you will be selling all future rights to your images, that are in this sale, forever and you can't ever use or do anything with them.
...

depends on the terms of the contract - buyer could grant a license to use the images as you wish (except, of course, uploading to a stock agency since you no longer have copyright)

Quote from: cascoly on December 31, 2023, 19:05

Quote from: Uncle Pete on December 31, 2023, 18:45

...
What everyone else agrees about is, you will be selling all future rights to your images, that are in this sale, forever and you can't ever use or do anything with them.
...

depends on the terms of the contract - buyer could grant a license to use the images as you wish (except, of course, uploading to a stock agency since you no longer have copyright)

True, thus, a contract and a lawyer. It's not as easy as yes or no. All types of questions and complications.

I would answer one easy part though. Yes it is possible.

There used to be someone on here years ago who was looking to buy people's portfolios outright. He bought at least 2 or 3 peoples portfolios if I remember correctly. He would turn up once or twice a year and ask if anyone was interested. He had all the paperwork and legal stuff already organized and I think he had a way of contacting the agencies to move them all over to 1 port. The last time I saw him in here was at least 5 or 6 years ago. You'd have to do some digging to find the threads. It is possible but the purchaser needs to do the legal work by the sounds of it?

Quote from: Cider Apple on December 31, 2023, 19:52
There used to be someone on here years ago who was looking to buy people's portfolios outright. He bought at least 2 or 3 peoples portfolios if I remember correctly. He would turn up once or twice a year and ask if anyone was interested. He had all the paperwork and legal stuff already organized and I think he had a way of contacting the agencies to move them all over to 1 port. The last time I saw him in here was at least 5 or 6 years ago. You'd have to do some digging to find the threads. It is possible but the purchaser needs to do the legal work by the sounds of it?

Is this who you refer to?

https://www.microstockgroup.com/general-stock-video/looking-to-buy-existing-video-portfolios/msg560653/#msg560653

I'm reminded of scams that offer real estate that the seller doesn't actually own.  (Probably not the case in this particular post, maybe?)

Quote from: elliottcowand on January 01, 2024, 18:36
I'm reminded of scams that offer real estate that the seller doesn't actually own.  (Probably not the case in this particular post, maybe?)

Hey! There's no proof I'm not Ansel Adams.

Quote from: PigsInSpace on January 02, 2024, 02:25

Quote from: elliottcowand on January 01, 2024, 18:36
I'm reminded of scams that offer real estate that the seller doesn't actually own.  (Probably not the case in this particular post, maybe?)

Hey! There's no proof I'm not Ansel Adams.

Except he is deceased?  And you are not...

Thank you for all the valuable suggestions. I am still not able to find the a buyer and I can transfer the full rights of the images and will not be using them in future for my portfolio.

Let me know if someone is still interested.

Tan

Thats interesting. It is also interesting how they calculate the price and the worth of the portfolio? How much would you want to get? And how much aprox does your portfolio generate annually?

Quote from: stockyme on January 31, 2024, 13:22
Thank you for all the valuable suggestions. I am still not able to find the a buyer and I can transfer the full rights of the images and will not be using them in future for my portfolio.

Let me know if someone is still interested.

Tan

pm sent