TIMELINE OPTIONS

Timeline Options2023-01-24T00:33:52+00:00
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TIMELINE OPTIONS
  • EXR specializes in Unique Listings that may take a longer time to market and sell, hence we offer longer Listing Periods (90 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: (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 (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: (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 (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) 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 Upcoming Section on the Platform upon completion of Listing input and approval process for Reserve and No-Reserve Auctions
  • Listings go to Live Section on the Platform upon completion of 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 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
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