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.

• Auctions (Auctions + Buy Now/Make Offer | This is the Platform Default Setting) Featuring the best of both worlds, Our Hybrid Auctions offer all the features of an Auction and a Buy Now/Make Offer Listing, in one package offering greater potential for a successful sales outcome.
  • Auctions offer Timeline and Run Frequency Options (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 Buy Now/Make Offer Period (similar to a Classified Listing), allowing potential Buyers to pay the Buy Now Price or Make an Offer to the Seller.
  • During Auction Periods:
    • Reserve Auction Option (The Listing will only sell if Highest Bid amount meets or exceeds the set Reserve Price.)
    • No-Reserve Auction Option (The Listing will sell to Highest Bidder regardless of Bid amount.)
  • During Buy Now/Make Offer Periods (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 (Features Buy Now & Make Offer Options)
  • This option is similar to a Classified Listing in that 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:

Auctions (Auctions + Buy Now/Make Offer | 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 Buy Now/Make Offer 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 Buy Now/Make Offer Period until the next Scheduled Auction.

Buy Now/Make Offer (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 Buy Now/Make Offer 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).