Timelines

Timelines

Exclusive Racing Auctions (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.

Listing Period Timelines

  • 180 Day Listing PeriodĀ (For Hybrid Auction Listings & Buy Now/Make Offer Listings)
  • 7 Day Auction PeriodsĀ (For Hybrid Auctions)
  • Bi-Weekly AuctionsĀ (For Hybrid Auctions)
  • Custom Timelines may be available upon Special Request
    • (EXR is the final determinator of any Special Requests)

Hybrid Auction Listings Period Timelines

  • The Standard Default Auction Timeline is Seven (7) Days. EXR also offers Custom Auction Timelines as client needs may dictate.
    • Auctions Start Tuesdays at 00:00 UTC
    • Auctions End 7 Days later on Mondays at 23:59 UTC
    • Upon Listing Publication, the Listing immediately goes into Live Preview PeriodĀ (until the scheduled Online Auction Period)Ā with Buy Now/Make Offer active allowing potential Buyers to pay the Buy Now Price or Make an Offer to the Seller.
    • The Listing will normally be scheduled for the next Online Auction normally within approximately 14 days of Listing Publication.
    • Normal Auction Timeline is SevenĀ (7)Ā Days with Auctions run Bi-Weekly.
    • Custom Timelines may be available upon special request.Ā (EXR is the final determinator of any special requests)
    • If the Listing fails to sell during the Auction Period, the Listing cycles back into the Buy Now/Make Offer Period for 7 days.
    • If the Listing fails to sell during the Buy Now/Make Offer Period it will cycle back into the Online Auction Period for 7 days.
    • This cycle continues until the Listing is sold or the Listing term expires.
    • During Auction Periods:
      • Reserve Auction OptionĀ (The Listing will only sell if Highest Bid amount meets or exceeds the set Reserve Price.)
      • No-Reserve Auction OptionĀ (The Listing will sell to Highest Bidder regardless of Bid amount.)
    • During Buy Now/Make Offer PeriodsĀ (The Listing will sell to the first Buyer that pays the Buy Now Price or Seller may accept Buyer’s Make Offer Price.)

Buy Now/Make Offer Listings Period Timelines

  • Upon Listing Publication, the Listing goes immediately into Live Buy Now/Make Offer Period for the duration of the Listing.
    • Buy Now is activeĀ (Buyers may Buy the Listing immediately at the Buy Now Price.)
    • Make Offer is activeĀ (Buyers may Make an Offer to the Seller lower than Buy Now Price and the Seller may accept such Offer at Seller discretion.)
  • Communication ManagementĀ (All Communication between Buyers & Sellers is Managed & Monitored through the EXR Platform.)
  • Seller may adjust the ListingĀ (pricing, text, photos, videos, etc.)Ā during the Listing Period through Seller DashboardĀ (restrictions apply).
  • Facilitation ServicesĀ are offered by EXR to help facilitate and complete a smooth transaction between Buyer and SellerĀ (Additional Fees May Apply).
  • Please contactĀ [email protected]Ā for more information or questions.