topic Re: High fee taken from my payment in Selling

High fee taken from my payment

dragonsbloodcreations — Mon, 12 Jul 2021 10:28:06 GMT

I recently sold a cloak worth $150 plus post of $15. I used one of the $12 ebay satchels so was expecting $153 into my account. I only received $130.57 so what happened to my $22.43???

Also, what the devil has happened to 'Contact us'??

I hope someone can at least help regarding the additional mystery fees I'd appreciate it. I am seriously thinking of shutting my shop as this site is just too hard to navigate now.

Re: High fee taken from my payment

davewil1964 — Mon, 12 Jul 2021 10:30:10 GMT

The $22.43 would be the fees for the $165 sale.

I don't know why you would expect eBay to operate without making money, but I'm sure you will elucidate.

Re: High fee taken from my payment

gutterpunkz05 — Mon, 12 Jul 2021 11:37:45 GMT

There is no mystery fees, it is simply ebays FVF

Re: High fee taken from my payment

eol-products — Mon, 12 Jul 2021 11:52:10 GMT

Did you just sign up for managed payments as they now take out the fees when the buyer pays for the item.

Re: High fee taken from my payment

jellybirddesigns — Mon, 12 Jul 2021 12:12:59 GMT

Final Sales Fees have always been about 10.9% for Ebay, plus another 2.5% or so for Paypal, depending on the category you're selling in. Your fee was about 14%, which sounds right.

However, as mentioned above, if you've registered for the new MP system, the FVF is now taken out upfront at the time of the sale and the rest is sent to your bank account. Since you don't have a shop, there should be nothing more to pay, unless you promote your listings or use subtitles - those will be invoiced separately.

Re: High fee taken from my payment

whiz-82 — Tue, 13 Jul 2021 04:28:47 GMT

I agree, eBay took over $50.00 in fees from my selling item.. The fees ebay are charging is unfair and unjust.

not worth selling on eBay so the companys make the profits from your selling..

it’s ok to buy on eBay.. but to sell you are being ripped off by the company over their price fees.

Question to eBay..what is the point in selling with your company.. NOT RIGHT

Re: High fee taken from my payment

sandypebbles — Tue, 13 Jul 2021 04:29:46 GMT

Contact eBay if you really do want to ask them (they don't read here)

But most likely they will tell you sellers are aware of the fees % involved when they list an item for sale

Re: High fee taken from my payment

daydreams_12 — Tue, 13 Jul 2021 04:41:29 GMT

As mentioned earlier in the thread - Ebay neither read or reply to these forums. Responders here are members like yourself. If you have a ????? for Ebay, contact them via live chat.

Re: High fee taken from my payment

imastawka — Tue, 13 Jul 2021 05:06:07 GMT

Fees sound about right.

Selling fees for managed payments sellers without an eBay Store | eBay

Re: High fee taken from my payment

jellybirddesigns — Tue, 13 Jul 2021 06:27:23 GMT

@whiz-82

There are always fees to be paid on Ebay.

They have given you the opportunity and the exposure to an entire country of potential buyers, and there is a payment for using the platform.

If you read the sellers guide, there is a very clear section which outlines your fees, which are usually just under 14%. Sellers should price their items accordingly and take all fees into account.

If you don't want to pay fees, then FB Marketplace or Gumtree are the other options, but you will get lots of time wasters and possibly strangers coming to your home.

Re: High fee taken from my payment

gutterpunkz05 — Tue, 13 Jul 2021 09:03:29 GMT

Hi Whiz, If you do not know what fees you will be paying before listing, then you should not be selling

Re: High fee taken from my payment

digital*ghost — Tue, 13 Jul 2021 10:58:52 GMT

@whiz-82 wrote:
I agree, eBay took over $50.00 in fees from my selling item.. The fees ebay are charging is unfair and unjust.
not worth selling on eBay so the companys make the profits from your selling..

it’s ok to buy on eBay.. but to sell you are being ripped off by the company over their price fees.

Question to eBay..what is the point in selling with your company.. NOT RIGHT

I feel like this is a self-contained, question, answer, and ultimate enigma wrapped in a.... not so much paradox, but certainly an intriguing contradiction.

By which I mean the sellers you buy from on ebay are suffering the same kind of "rip-off" in fees that you feel you did, which would never happen if you didn't buy on ebay at all. Either that, or the seller is building the fees into their pricing, in which case as the buyer, you're still paying them.

Based on seeing the "loss", I wonder if ebay should experiment with a different format, where no one is forced to think about the costs of selling unless they go over their fees willingly, lol, so you enter the price the customer is charged into the listing, but the price displayed to the seller is what they'll get after all fees. (eg Auction hits $250, but seller only sees it hit ~$217 ) 🤔 😆

TL;DR Ignorance is bliss, lol

Re: High fee taken from my payment

davewil1964 — Tue, 13 Jul 2021 11:26:56 GMT

There's certainly a lot of bliss around these parts.

Re: High fee taken from my payment

*sons_and_daughters* — Thu, 15 Jul 2021 00:09:24 GMT

As much as most people hate paying fees, myself included, I still make a truckload of money on ebay, and gladly pay the fees for the exposure my items get. Buy item for 90c, sell it for $90, even with the fees, I'm still waaaaaaayyyyyyy out in front. I don't know why you thought you wouldn't have to pay fees for selling on the site. Do you think ebay shouldn't make any money for their business? Would you work for free? I thought so.

Re: High fee taken from my payment

dragonsbloodcreations — Tue, 20 Jul 2021 23:24:17 GMT

Making money is par for the course when in business but gouging small businesses like mine is pretty **bleep**ty in my view. I don't make many sales here so hadn't realised it had gone up SO much so will be closing my store end of the month.

Re: High fee taken from my payment

dragonsbloodcreations — Tue, 20 Jul 2021 23:25:32 GMT

Not making many sales I hadn't realised it had gone up so high in a fairly short space of time. Not happy and will be closing my store shortly.

Re: High fee taken from my payment

dragonsbloodcreations — Tue, 20 Jul 2021 23:30:59 GMT

I actually do have a store but not for much longer. I don't make many sales so hadn't realised the fees had gone up so high. It's actually over 15% for sales under $4000 and back down to a bit over 2% for sales over $4000. Do you think that's fair as I certainly do not. Gouging the little stores is pretty **bleep**ty so will not have my store here for much longer as it's not worth the effort.

Re: High fee taken from my payment

dragonsbloodcreations — Tue, 20 Jul 2021 23:35:25 GMT

Agree. I will not be keeping my store open after the end of this month. My items average $100 so paying over 15% plus the Paypal fee is gouging in my view. If my items were worth $4000 it's just over 2%. How fair is that??? The fee structure used to be much better when I started here about 20 years ago. The site is too complex now anyway so really can't be bothered.

Re: High fee taken from my payment

dragonsbloodcreations — Tue, 20 Jul 2021 23:36:35 GMT

I don't sell many things here and hadn't realised it had gone up so much. Sticking with madeit.com.au from now on

Re: High fee taken from my payment

dragonsbloodcreations — Tue, 20 Jul 2021 23:39:37 GMT

Tried that and finally got an answer and am pretty disgusted with the over 15% fees for small businesses like mine and the low 2% fee for sale items over $4000.