TIMELINE OPTIONS
- EXR specializes in Unique Listings that may take a longer time to market and sell, hence we offer longer Listing Periods (180 Days+) to help you achieve the sale of your Unique Listing.
- EXR offers different Auction Timeline Options and Run Frequency Options that the Seller can choose from during the Listing Creation Process (3 Day | 7 Day | Custom Auction Options).
- 3 Day Auction Option (Default Setting)
- Auctions Start every Tuesday at 00:00 UTC
- Auctions End Three (3) Days later on Thursday at 23:59 UTC
- Run Frequency: In the event the Auction ends and the Reserve Price has not been met (or no bids were received in a Reserve or No-Reserve Auction) Listing may be Re-Run at Auction as follows: (The Listing remains Live on the Platform during Non-Auction periods for the remaining Listing Period with Buyers able to Make Offers through the Make Offer Button.)
- Weekly Auction – Run Frequency for the entire Listing Period (Default Setting for 3 Day Auction Option)
- Bi-Weekly Auction – Run Frequency for the entire Listing Period
- Once per Month Auction – Run Frequency for the entire Listing Period
- One & Done Auction – Auction runs One Time with no Auction Re-Runs (The Listing remains Live on the Platform for the remaining Listing Period with Buyers able to Make Offers through the Make Offer Button.)
- 7 Day Auction Option
- Auctions Start every Tuesday at 00:00 UTC
- Auctions End Seven (7) Days later on Monday at 23:59 UTC
- Run Frequency: In the event the Auction ends and the Reserve Price has not been met (or no bids were received in a Reserve or No-Reserve Auction) Listing may be Re-Run at Auction as follows: (The Listing remains Live on the Platform during Non-Auction periods for the remaining Listing Period with Buyers able to Make Offers through the Make Offer Button.)
- Bi-Weekly Auction – Run Frequency for the entire Listing Period (Default Setting for 7 Day Auction Option)
- Once per Month Auction – Run Frequency for the entire Listing Period
- One & Done Auction – Auction runs One Time with no Auction Re-Runs (The Listing remains Live on the Platform for the remaining Listing Period with Buyers able to Make Offers through the Make Offer Button.)
- Custom Auction Option
- Seller suggests Auction Start and Auction End Date and Time (EXR reserves the right to adjust the the Seller suggested Auction Start and Auction End Date and Time as necessary.)
- Custom Auctions run only One (1) time with No Auction Re-Runs
- In the event the Auction ends and the Reserve Price has not been met (or no bids were received in a Reserve or No-Reserve Auction) the Listing remains Live on the Platform for the remaining Listing Period with Buyers able to Make Offers through the Make Offer Button.
- Listings go to the Upcoming Section on the Platform upon completion of the Listing input and approval process for Reserve and No-Reserve Auctions.
- Listings go to the Live Section on the Platform upon completion of the Listing input and approval process for Classifieds and Hybrid Auctions.
- Seller may adjust the Listing (pricing, text, photos, videos, etc.) during the Listing Period through the Seller Dashboard (restrictions apply).
- Communication Management (All Communication between Buyers & Sellers is Managed & Monitored through the EXR Platform.)
- Facilitation Services are offered by EXR to help facilitate and complete a smooth Sale/Purchase transaction between Buyer and Seller.
