Exclusive Racing Marketplace (EXR) specializes in Unique Listings that often require a longer timeframe to market and sell, hence we offer Unique Solutions to help achieve a successful sales outcome.

• Hybrid Auctions (Auctions + Classifieds | This is the Platform Default Setting) Featuring the best of both worlds, Hybrid Auctions offer all the features of an Auction and a Classifieds Listing, in one package offering greater potential for a successful sales outcome.
  • Hybrid Auctions Offer Two Auction Options:
    • Reserve Auction (The Listing will only sell if Highest Bid amount meets or exceeds the set Reserve Price.)
    • No-Reserve Auction (The Listing will sell to Highest Bidder regardless of Bid amount.)
  • Hybrid Auctions offer Timeline and Run Frequency Options (3 Day | 7 Day (Default Setting) | Custom Auction Timelines) that the Seller can choose from during the Listing Creation Process.
  • If the Listing doesn’t sell during the Auction Period, the Listing goes into the Classifieds Period, allowing potential Buyers to pay the Buy Now Price or Make an Offer to the Seller.
  • During Classifieds Periods (The Listing will sell to the first Buyer that pays the Buy Now Price or Seller may accept Buyer’s Make Offer Price.)
• Classifieds (Features Buy Now & Make Offer Options)
  • The Listing will sell to the first Buyer that pays the Buy Now Price or Seller may accept Buyer’s Make Offer Price.

Full Descriptions:

Hybrid Auctions (Auctions + Classifieds | This is the Platform Default Setting)

•  Seller selects Auction type during the Listing Creation Process.
  • Reserve Auction (The Listing will only sell if Highest Bid amount meets or exceeds the set Reserve Price.)
  • No-Reserve Auction (The Listing will sell to Highest Bidder regardless of Bid amount.)
• Seller sets Opening Bid/Offer Amount.
  • Opening Bid/Offer Amount will set the starting Bid/Offer Amount for the Listing.
    • Default setting allows the Opening Bid/Offer Dollar Amount to show on the Listing in the Bid Box and Make Offer Box i.e. if Opening Bid/Offer Amount is set to $55,000, this amount will show in the Bid Box and Make Offer Box.
    • Seller may select “Do Not Show” during Listing creation, in which case the Bid Box and Make Offer Box will be empty and show no dollar amount.
  • An Initial Bid/Offer made below (no greater than 25% below) the Seller set Opening Bid/Offer Amount will be accepted by the Platform, at which point the Opening Bid/Offer Amount will reset to the Initial Bid/Offer placed, henceforth any Bids or Offers placed below the new reset Opening Bid/Offer Amount will not be accepted by the Platform.
  • The default setting is $0, it is recommended that the Seller sets the Opening Bid/Offer Amount at or below the wholesale value of the Listing and below the Reserve Price set for the Listing.
  • An Opening Bid/Offer Amount set too high may discourage Bids or Offers. Sellers should carefully consider the Opening Bid/Offer Amount they set for the Listing.
  • If the Listing is accepted, EXR will work with the Seller in setting a realistic Opening Bid/Offer Amount.
  • EXR reserves the right to refuse a Listing with an unrealistic Opening Bid/Offer Amount.
• Seller sets Reserve Price for a Reserve Auction. (There is no Reserve Price for a No-Reserve Auction)
  • Reserve Price should be set to the lowest amount the Seller is willing to accept for the Listing.
  • If the Listing is accepted, EXR will work with the Seller in setting a realistic Reserve Price.
  • EXR reserves the right to refuse a Listing with an unrealistic Reserve Price.
  • Reserve Price may Only be adjusted Lower by the Seller during the Listing Period through the Seller Dashboard.
• Seller sets the Buy Now Price.
  • Default setting allows the Buy Now Price Dollar Amount to show on the Listing i.e. if Buy Now is set to $75,000, Buy Now will show $75,000 on the Listing Page.
  • Seller may select “Do Not Show” during Listing creation, in which case Buy Now will show “Price On Request” instead of a dollar amount.
  • It is recommended Seller sets Buy Now Price at or above the Reserve Price set for the Listing.
  • If the Listing is accepted, EXR will work with the Seller in setting a realistic Buy Now Price.
  • EXR reserves the right to refuse a Listing with an unrealistic Buy Now Price.
  • Buy Now Price may Only be adjusted Lower by the Seller during the Listing Period through the Seller Dashboard.
• Upon Approval, Listing goes immediately into Live Classifieds Period and is scheduled for the next Auction.
  • Buy Now is active (Buyers may Buy the Listing immediately at the Buy Now Price.)
  • Make Offer is active (Buyers may Make an Offer to the Seller lower than Buy Now Price and the Seller may accept such Offer at Seller discretion.)
• During the Live Auction Period.
  • Buy Now is inactive.
  • Make Offer is inactive.
  • Buyers may Bid on the Listing through the Incremental Bid Box or Proxy Bid Box during the Live Auction Period.
  • If the Listing fails to sell during the Live Auction Period, the Listing will go back into the Live Classifieds Period until the next Scheduled Auction.

Classifieds (Features Buy Now & Make Offer Options)

• Seller sets Opening Bid/Offer Amount.
  • Opening Bid/Offer Amount will set the starting Bid/Offer Amount for the Listing.
    • Default setting allows the Opening Bid/Offer Dollar Amount to show on the Listing in the Bid Box and Make Offer Box i.e. if Opening Bid/Offer Amount is set to $55,000, this amount will show in the Bid Box and Make Offer Box.
    • Seller may select “Do Not Show” during Listing creation, in which case the Bid Box and Make Offer Box will be empty and show no dollar amount.
  • An Initial Bid/Offer made below (no greater than 25% below) the Seller set Opening Bid/Offer Amount will be accepted by the Platform, at which point the Opening Bid/Offer Amount will reset to the Initial Bid/Offer placed, henceforth any Bids or Offers placed below the new reset Opening Bid/Offer Amount will not be accepted by the Platform.
  • The default setting is $0, it is recommended that the Seller sets the Opening Bid/Offer Amount at or below the wholesale value of the Listing and below the Reserve Price set for the Listing.
  • An Opening Bid/Offer Amount set too high may discourage Bids or Offers. Sellers should carefully consider the Opening Bid/Offer Amount they set for the Listing.
  • If the Listing is accepted, EXR will work with the Seller in setting a realistic Opening Bid/Offer Amount.
  • EXR reserves the right to refuse a Listing with an unrealistic Opening Bid/Offer Amount.
• Seller sets the Buy Now Price.
  • Default setting allows the Buy Now Price Dollar Amount to show on the Listing i.e. if Buy Now is set to $75,000, Buy Now will show $75,000 on the Listing Page.
  • Seller may select “Do Not Show” during Listing creation, in which case Buy Now will show “Price On Request” instead of a dollar amount.
  • It is recommended Seller sets Buy Now Price at or above the Reserve Price set for the Listing.
  • If the Listing is accepted, EXR will work with the Seller in setting a realistic Buy Now Price.
  • EXR reserves the right to refuse a Listing with an unrealistic Buy Now Price.
  • Buy Now Price may Only be adjusted Lower by the Seller during the Listing Period through the Seller Dashboard.
• Upon Approval, Listing goes immediately into Live Classifieds Period for the duration of the Listing.
  • Buy Now is active (Buyers may Buy the Listing immediately at the Buy Now Price.)
  • Make Offer is active (Buyers may Make an Offer to the Seller lower than Buy Now Price and the Seller may accept such Offer at Seller discretion.)
• Communication Management (All Communication between Buyers & Sellers is Managed & Monitored through the EXR Platform.)
• Seller may adjust the Listing (pricing, text, photos, videos, etc.) during the Listing Period through Seller Dashboard (restrictions apply).