Sales Premium Structure, Calculations and Percentages are set by EXR prior to the Listing going Live on the Platform. Applicable Sales Premium Option & Percentage for the Specific Listing is shown on the Listing Page of the Specific Listing.

Seller Chooses Sales Premium Option During Listing Creation:

• Option 1) Buyers Premium – Buyer pays the entire Sales Premium in the form of a Buyers Premium
  • Seller Pays Nothing
  • Default Setting for ALL Listing Plans
  • Seller may change at Seller discretion during Listing Creation Process
• Option 2) Split Premium – Buyer and Seller Split the Sales Premium
  • Buyer pays 1/2 of Total Sales Premium in the form of a Buyers Premium
  • Seller pays 1/2 of Total Sales Premium in the form of a Sellers Premium
• Option 3) Sellers Premium – Seller pays the entire Sales Premium in the form of a Sellers Premium
  • Buyer Pays Nothing

Sales Premium Structure, Calculations and Percentage Examples:

• Sales Premium will be calculated on the Final Sale Amount of the Sold Listing based upon the Sales Premium Percentage Assigned to the Listing and displayed on the Listing page of the Specific Listing (Default Sales Premium is 5%).
  • Sales Premium Minimum
    • (Assigned Sales Premium Percentage X 15,000)
    • Example: If Sales Premium is set to 5%
      • Sales Premium Minimum would be $750
  • Sales Premium Maximum
    • (Assigned Sales Premium Percentage X 150,000)
    • Sales Premium is capped at this Value on Final Sale Amounts up to $750,000
    • Example: If Sales Premium is set to 5%
      • Sales Premium Maximum would be $7,500
  • Sales Premium for Listings Sold At or Above $750,000 Price Point
    • (Assigned Sales Premium Percentage / 5)
    • Example: If Sales Premium is set to 5%
      • Sales Premium would be 1% of Final Sale Amount for Listings Sold At or Above $750,000 Price Point

Examples (Assumes Sales Premium is set to Default Setting of 5%):

• 5% Sales Premium (Capped at $7,500) on Final Sale Amount for Listings Sold Below $750,000 Price Point
  • Sales Premium Minimum $750
  • Sales Premium Maximum $7,500 on Final Sale Amounts up to $750,000
  • Ex 1: Listing Sale Price = $10,000 | Sales Premium = $750 (Minimum Sales Premium)
  • Ex 2: Listing Sale Price = $50,000 | Sales Premium = $2,500 (5% Sales Premium)
  • Ex 3: Listing Sale Price = $100,000 | Sales Premium = $5,000 (5% Sales Premium)
  • Ex 4: Listing Sale Price = $500,000 | Sales Premium = $7,500 (Maximum Sales Premium)
• 1% Sales Premium on Final Sale Amount for Listings Sold At or Above $750,000 Price Point
  • Ex 1: Listing Sale Price = $750,000 | Sales Premium = $7,500 (1% Sales Premium)
  • Ex 2: Listing Sale Price = $1,000,000 | Sales Premium = $10,000 (1% Sales Premium)

There are NO REFUNDS (certain exceptions may apply) of Buyers Premium (if any paid by Buyer) or Sellers Premium (if any paid by Seller).

• To protect Buyer and Seller, prior to Consummation of Sale, all Winning Bids and/or Accepted Offers are subject to Buyer (at Buyer’s Discretion) completing a Pre-Purchase Inspection (PPI) within Seven (7) Business Days (or other agreed upon time-frame, as agreed between Buyer, Seller and EXR) of notification to Buyer of Winning Buyer status.
• Please visit our Terms of Service, Terms & Conditions, Buyer Agreement and Seller Agreement pages for more information and details.