SALES SUCCESS FEE OPTIONS

Sales Success Fee Options2023-01-24T00:34:38+00:00
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SALES SUCCESS FEE OPTIONS

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

Seller Chooses Sales Success Fee Option During Listing Creation:

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

Sales Success Fee Structure, Calculations and Percentage Examples:

  • Sales Success Fee will be calculated on the Final Sale Amount of the Sold Listing based upon the Sales Success Fee Percentage Assigned to the Listing and displayed on the Listing page of the Specific Listing
    • Sales Success Fee Minimum
      • (Assigned Sales Success Fee Percentage X 10,000)
      • Example: If Sales Success Fee is set to 5%
        • Sales Success Fee Minimum would be $500
    • Sales Success Fee Maximum
      • (Assigned Sales Success Fee Percentage X 100,000)
      • Sales Success Fee is capped at this Value on Final Sale Amounts up to $1,000,000
      • Example: If Sales Success Fee is set to 5%
        • Sales Success Fee Maximum would be $5,000
    • Sales Success Fee for Listings Sold At or Above $1,000,000 Price Point
      • (Assigned Sales Success Fee Percentage / 10)
      • Example: If Sales Success Fee is set to 5%
        • Sales Success Fee would be 0.5% of Final Sale Amount for Listings Sold At or Above $1,000,000 Price Point

Examples (Assumes Sales Success Fee is set to 5%):

  • 5% Sales Success Fee (Capped at $5,000) on Final Sale Amount for Listings Sold Below $1,000,000 Price Point
    • Sales Success Fee Minimum $500
    • Sales Success Fee Maximum $5,000 on Final Sale Amounts up to $1,000,000
    • Ex 1: Listing Sale Price = $3,000 | Sales Success Fee = $500 (Minimum Sales Success Fee)
    • Ex 2: Listing Sale Price = $50,000 | Sales Success Fee = $2,500 (5% Sales Success Fee)
    • Ex 3: Listing Sale Price = $100,000 | Sales Success Fee = $5,000 (5% Sales Success Fee)
    • Ex 4: Listing Sale Price = $500,000 | Sales Success Fee = $5,000 (Maximum Sales Success Fee)
  • 0.5% Sales Success Fee on Final Sale Amount for Listings Sold At or Above $1,000,000 Price Point
    • Ex 1: Listing Sale Price = $1,000,000 | Sales Success Fee = $5,000 (0.5% Sales Success Fee)
    • Ex 2: Listing Sale Price = $1,500,000 | Sales Success Fee = $7,500 (0.5% Sales Success Fee)

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
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