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| Best Offer | Fixed Price | Auction | |
|---|---|---|---|
| Fixed Price | No | Yes | No |
| Commitment Fee (Token Amount) | 2% - 3% Commitment Fee (Token Amount) | 2% - 3% Commitment Fee (Token Amount) | 2% - 3% Commitment Fee (Token Amount) |
| Transactional Closure Period | 5 Days | 5 Days | 5 Days |
| When Commitment Fee (Token Amount) is Charged | When seller accepts a best offer | When buyer commits to buy | When highest bidder wins |
| No. of Attempts Allowed Before Seller Accepts | 5 | None | Unlimited until Auction ends |
| Full Payment Upfront | N/A | N/A | Only in case of "Buy Now" |
| Is Price Negotiable | Yes | No | N/A |
| Who all can participate | One seller and multiple registered buyers | One seller and one registered buyer | One seller and multiple registered buyers (bidders) |
| Which Price is mentioned | A selling price is mentioned on which buyer can give up to 5 best offers | Non-negotiable selling price is mentioned | Minimum bid is mentioned and bidder can make a higher bid |
| Which Buyer Gets Order | Best Offer selected by Seller | First buyer who pays the commitement Fee (Token Amount) | Highest bidder after Reserve Price is met or Buyer paying full "Buy Now" Price |
| Seller Can Accept Any Price | Yes | N/A | N/A |
| Buyer Knows About Other Offers/bids | No | N/A | Yes |
| Does system reject lower than existing bids | No | N/A | Yes |
| Can it be combined with droom promotional offers and deals | Yes | Yes | Yes |
| Reserve Price | N/A | N/A | Yes |
| Start Time | Decided by seller | Decided by seller | Decided by seller |
| End Time | Sellers Selects an offer and closes the deal | Buyer commits to buy | Auction time limit ends and higest bidder wins, Buy Now |
| Transaction Button is Called (in app & on Website) | Make Best Offer | Commit to Buy | Bid Now or Buy Now |
| Duration | Until listing is sold or deactivated by seller | Until listing is sold or deactivated by seller | Until Auction ends |
| Covered By Droom Buyer Protection | Yes | Yes | Yes |