topic Re: Final Value fees in Selling

Final Value fees

ashleigho234 — Sun, 26 Aug 2012 01:51:26 GMT

I just wanted to say that due to the fees from a sale we will not be using ebay again, $55 Final Value Fee + $18 for Paypal fee just makes selling something not worthwhile, we sold something for $700 so have lost a fair chunk. We haven't checked the fees as we were just under the impression they were a lot lower than this, to carge something like this is robbery, I think you need to review the fees as it is becoming beyond a joke, reduce the fees, not increase. Perhaps cap it to $20 or $30 for under $1000 items as it is absolute crap to be honest.

Re: Final Value fees

lyndal1838 — Sun, 26 Aug 2012 01:59:59 GMT

Why did you not check the fees before listing? They are there for all to see.

Believe me you will pay a lot more if you send something to an auction house.

Re: Final Value fees

putney32 — Sun, 26 Aug 2012 02:06:21 GMT

using eBay [or any service for that matter] and not checking upfront what it is going to cost you is just madness.

would you get someone in to paint your house, or build a deck, and not ask what the cost is going to be???

sorry, i disagree with your asumption that ebay is expensive. try selling thru Auction and paying 22%+ or buy a decent size advert in a newspaper... lots of $$ and very limited exposure.

you used a service, and got a good result, the costs involved should have been reckoned into the starting price.

Re: Final Value fees

kopenhagen5 — Sun, 26 Aug 2012 03:18:16 GMT

These are member boards, ebay don't read these, only the suggestion box link.

If it is the arai helmet, pretty sure it would have sold for 730-750, as already said, work the fees into the price.

If you qualify for the 30 free listings per month, fees are capped. 🙂

http://pages.ebay.com.au/help/sell/fees.html

Re: Final Value fees

sexy*harley*chick — Sun, 26 Aug 2012 12:27:13 GMT

wow brilliant price for a used helmet, you did well, fvf should of been $45 should it not?

Try listing it where the fees are a lot cheaper and you would probably still have it sitting there not sold, you have to weigh up if you want your item sold or not.

Re: Final Value fees

phorum_junkie* — Sun, 26 Aug 2012 13:18:35 GMT

Do you think you would have sold it for as much, if at all, if you had listed on one of the other sites that have no buyers or if you had advertised it in the 'real' world which would only be free if you stuck to community boards and newspapers. I am sure you would probably have got a lot less for it than you paid in ebay fees.

Do you really think that somebody would have paid as much if they did not have the security of using Paypal, they would also have had to have that much cash to hand and could not have used a credit card so 2.4% plus a few cents seems like a small price to pay to me.

You knew, or should have, when you listed how much it would cost you, approximately 10.5%. How much less would you expect it to be. Ebay and Paypal are not charities!

Re: Final Value fees

leader-of-the-band — Sun, 26 Aug 2012 13:29:00 GMT

wow brilliant price for a used helmet, you did well, fvf should of been $45 should it not?

I just went to an old selling template that I had. I changed the Buy-Now price to $700 and the listing fee showed for me as $0.00.

When I went to the second page, and just above the "List your item" button, was the following line "Based on your Buy It Now price, you will be charged a Final Value Fee of AU$55.30 if your item sells"

Always a good idea to read that line just above the 'List Your Item' button on the second page. Avoids surprises if the item sells.

Re: Final Value fees

davewil1964 — Sun, 26 Aug 2012 16:16:25 GMT

7.9% of $700 is $55.30, so that's not surprising.

Re: Final Value fees

the3coopers — Mon, 27 Aug 2012 03:55:58 GMT

I just got given a $2 million dollar beachfront property, but I'll need to pay about 10% in various fees to sell it. Woe is me.

[/joke]

Re: Final Value fees

2106greencat — Mon, 27 Aug 2012 03:58:35 GMT

Where is it ? ........the actual address now.....I am on my way as soon as you let me know :-x

Re: Final Value fees

go-tazz — Mon, 27 Aug 2012 04:23:32 GMT

They have these on the site map so you can read,understand and abide by them:

http://pages.ebay.com.au/help/sell/fees3.html#final

Always check before you list,(no surprises when you sell then).

As for getting that amount for a second hand helmet,:O

IMO there is nowhere else where you would have got that amount,(a second hand helmet tends to lose more then half it's value once it's being worn).

So, I'd say you are well in front,:-D

Ps: when's the house warming party Coops,B-)

Re: Final Value fees

licoricebabyandfabmama — Mon, 27 Aug 2012 05:10:50 GMT

Yes it is hard to come to terms with the fees that paypal and ebay take from your sales. However Ive concluded to myself really, that to be a successful seller on ebay you need to think about it as the marketing and merchant account fees you would need to pay if say for example you owned your own store. Therefore you need to factor it all into your final sale price of your item. I think buyers and sellers alike think that ebay is always suppose to be the cheapest way to sell something and dont expect the fees, 50 bux seems like alot of money but its all relevant isnt it. I pay 80 cents or something final value fee of an item under 10 bux but it doesnt seen so bad cause its only 80 cents. But thats 80 cents of my profit that I forgot I had to give to ebay that I didnt factor into my profit, and at the the end of the day thats 80 cents Id be paying a minute if I had to lease a storefront, pay merchant fees, and pay for advertising and marketing.

Re: Final Value fees

phorum_junkie* — Mon, 27 Aug 2012 08:59:18 GMT

A lot depends on if you are selling a new or second hand item.

With a new item I take into account the price the item cost me, the amount of profit I want and the percentage in fees and that is my BIN price.

With a second hand item I count the cost to me as zero, I set my start price at the bottom end of recent completed listings and use auction format. I have already had my use out of it so any amount I get, less just over 10% in fees, is all profit.

That way I am never unhappy with the profit I am left with once an item sells