Did ebay's final value fees go up again?
soundgard
Posts: 650 ✭
I sold a card for $1800 and they charged me $160 final value fee. Usually for a item in that dollar amount before it was only a $100 final fee? Anyone know?
0
Comments
Fixed Price Format
Insertion Fee $0.50
Final Value Fee $78.70
Total eBay Fees $79.20
PayPal Fee $52.79
Total Fees $131.99
9.0% of the item's total cost to buyer with a maximum charge of $250.00.
Don't know when it last changed.
<< <i>They're current policy is:
9.0% of the item's total cost to buyer with a maximum charge of $250.00.
Don't know when it last changed. >>
Ah, well that explains it. Wow they raised the final value fee another $150. Just two years ago it was $50. Then last year they raised it to $100. They are raising the fees fast. It wont be long they will be milking us 50% of what we sell.
Because of this I am seriously thinking of selling the entire collection before the fees go up again. They raise the fees every year. Wish ebay had some serious competition for selling collectibles. Keeps getting harder and harder to sell on ebay.
Edit to add: that FVF is still less than 10% which really isn't that bad if you think about it.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>Until another viable option for selling your collectibles becomes available they can pretty much do what they want.
Edit to add: that FVF is still less than 10% which really isn't that bad if you think about it. >>
I agree the 10% level is somewhat fair all things considered however when you add the PayPal fees it is up to 12%. I include that since they are one corporation.
<< <i>
<< <i>Until another viable option for selling your collectibles becomes available they can pretty much do what they want.
Edit to add: that FVF is still less than 10% which really isn't that bad if you think about it. >>
I agree the 10% level is somewhat fair all things considered however when you add the PayPal fees it is up to 12%. I include that since they are one corporation. >>
True but where else are you going to sell your cards and reach that kind of buying pool. Like it or not, ebay offers the best option for selling cards even if they were to take 20%.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>Until another viable option for selling your collectibles becomes available they can pretty much do what they want.
Edit to add: that FVF is still less than 10% which really isn't that bad if you think about it. >>
Except that they all but require PayPal (is ANYONE at the DOJ listening??) which means the FVF is really 11.9%
Working on the following: 1970 Baseball PSA, 1970-1976 Raw, World Series Subsets PSA, 1969 Expansion Teams PSA, Fleer World Series Sets, Texas Rangers Topps Run 1972-1989
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Successful deals to date: thedudeabides,gameusedhoop,golfcollector,tigerdean,treetop,bkritz, CapeMOGuy,WeekendHacker,jeff8877,backbidder,Salinas,milbroco,bbuckner22,VitoCo1972,ddfamf,gemint,K,fatty macs,waltersobchak,dboneesq
Problem is ebay's fees are as bad as the IRS code when you add preferred seller, listing fees, extra picture fees, fees for listing extras, paypal fees on both item and postage, discounts based on star ratings/feedback, and on and on.
Sportlots has a pretty good auction model....they charge 15 cents to list....no FVF. They charge a higher amount for store listings, but its not this nonsense like ebay
My small collection
Want List:
'61 Topps Roy Campanella in PSA 5-7
Cardinal T206 cards
Adam Wainwright GU Jersey
Sports Card Direct
<< <i>Keep in mind that is 10-12% for doing nothing more than providing a vast audience...they don't goup, list, scan, ship anything for you. >>
Fixed it for you
Working on the following: 1970 Baseball PSA, 1970-1976 Raw, World Series Subsets PSA, 1969 Expansion Teams PSA, Fleer World Series Sets, Texas Rangers Topps Run 1972-1989
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Successful deals to date: thedudeabides,gameusedhoop,golfcollector,tigerdean,treetop,bkritz, CapeMOGuy,WeekendHacker,jeff8877,backbidder,Salinas,milbroco,bbuckner22,VitoCo1972,ddfamf,gemint,K,fatty macs,waltersobchak,dboneesq
FeeBay can be a pain in the a$$, but it works better than anything else I have found, including the BST forum. I did have some very enjoyable deals on BST, just didn't sell very much of what I had to offer.
Joe
<< <i>Keep in mind that is 10-12% for doing nothing more than providing a service...they don't goup, list, scan, ship anything for you. >>
I'm not defending eBay's practices by any means, but providing a platform that reaches millions of potential buyers around the world is hardly doing nothing.
10-12% is in line with what any auction house would charge. And, they don't hit the buyer with a "buyers premium".
If you want free, sell on Craigslist.
<< <i>They're current policy is:
9.0% of the item's total cost to buyer with a maximum charge of $250.00.
Don't know when it last changed. >>
I just checked this, and didn't know about it either. However, it looks like it just took effect on May 1st: Link. The good news is that you also now get 12 free pictures with your listings! Woo, woo, that makes up for it! ;-p
Seriously, when I looked at it, this change only affects sellers who do not have ebay stores. Therefore, if you had an ebay store, and you sold an item for $1800, your Final Value Fee would only have been $78.50. And this does not even include the 20% discount if you were a Top Rated Seller, so if you were, your FVF after discount would have been $62.80. Therefore, ebay is seriously pushing sellers to get stores so that they can have a constant revenue stream. The fee chart for sellers with ebay stores is here: Store Fees and for sellers without ebay stores is here: Non-store Fees. The fee charts for an ebay store subscription is here: Store Subscription.
As an example, in May, I sold nearly $4000 in cards, and my total ebay fees (insertion + final value, but not paypal) was $179.05. Again, having a store subscription probably does not make sense for sellers who don't sell much and/or just want to use the 50 free insertion listings per month. However, for larger sellers, it can make a sense. With a store, you do have to manage the insertion fees however since you don't have free listings. However, since I don't depend on the revenue from my ebay sales, I only list my items when ebay has a free listing promotion for stores, which usually happens 1-2 times per month. This way, I can list at the start price that I want and still obtain the lower fees for auction listings as opposed to BIN listings, and also get the other advantages that auction listings have (e.g., users don't filter auction listings out as much as BINs). Every one has to decide their own strategy on this, of course.
Lou Gehrig Master Set
Non-Registry Collection
Game Used Cards Collection
<< <i><< Keep in mind that is 10-12% for doing nothing more than providing a vast audience...they don't goup, list, scan, ship anything for you. >> >>
<< <i>Fixed it for you >>
+1
I remember selling cards via Sports Collectors Digest 20 years ago. At that time it was your only way to sell items other than the local card show where you saw the same people time after time again. Ebay is not perfect, nor is Paypal, but until (how long have we been saying this?) some solid competition comes along they are the way to go. There are plenty of other sites out there where you can try and sell your cards, but with a microscopic amount of traffic compared to Ebay does that make sense?
~WalterSobchak
And this goes for me also; because sometimes I can get a little out of line with criticism of sellers.........If a seller on the BST does all of these things (good scan, shows price, has been a member for awhile or uses common sense when listing huge cards with very few posts and only bumps the posts with reasonable updates and reasonable amounts of times) we as fellow members should should be respectful and let this process thrive. As fellow members we should only ask questions about the card that are meaningful to the thread.
Here is my example just to test the waters.........
For Sale 1968 #280 PSA 7 Mantle (Title of thread)
1st Post- The card is very high end with sharp corners and nice color and gloss. The back is well centered and very clean. (Then you see a very clear scan) some will think it's high end and some will not- they can see the centering...no need to comment. The key is I provide a clear scan. I will accept all forms of payment...PAYPAL, checks and money orders.
PRICE $300 delivered with signature confirmation to be PAYPAL compliant. Offers welcome. PM if you are interested.
The price is a little high; but we have to let sellers charge what they want.
Only bump the thread every couple days. If others post to the thread with questions and the thread goes to the top regularly ...oh well.
"Let's all be respectful and do this"
VCP average is $234.78, low is $199.50. Since VCP prices include EBay and auction house fees, how about $175.00 delivered via PayPal gift with the understanding I can return it if PSA won't bump it up to a 7.5 or 8.
<< <i>Except that they all but require PayPal (is ANYONE at the DOJ listening??) which means the FVF is really 11.9% >>
Bingo! And they charge you a % of your shipping fee. They're really screwing themselves with their greedy ways as more and more sellers look for alternate venues.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>What I find quizzical is if ebay is such a ripoff, why are people continuing to use their venue instead of others that are supposedly better? >>
Probably because no one is saying that there is a better option, but wishing there was.
I believe a can of worms has been open with this policy.BST will be my selling tool from now on.
<< <i>This policy of theirs kills that small timer like me. >>
Same here. I cant afford a store because I dont sell enough.
The card I sold was $1800. The final value fee ebay charged is $160. Paypal got $52.52. I offered free shipping and it cost $22.55 with sig conf, and insurance. Thats a total cost of $235.07 to sell on ebay. Thats quite an increase. Getting ridiculous.
<< <i>
<< <i>This policy of theirs kills that small timer like me. >>
Same here. I cant afford a store because I dont sell enough.
The card I sold was $1800. The final value fee ebay charged is $160. Paypal got $52.52. I offered free shipping and it cost $22.55 with sig conf, and insurance. Thats a total cost of $235.07 to sell on ebay. Thats quite an increase. Getting ridiculous. >>
That is absolutely absurd. eBay will price themselves right out of the market eventually. Yeah yeah yeah, you get millions of eyes and you don't have to pay for a brick and mortar store. That doesn't mean that we have to take it in the behind from an internet "garage sale" that USED to have fair rates that endlessly increase.
ebay id Duffs_Dugout
My Ebay Auctions
Its free to list any item and a Flat 2% FVF
Obviously not getting the "Eyes" like ebay, but Ive made a few sales and with free listings, Im not all that concerned if anything sells.
If anything else I use it as a place to upload Pics and decriptions of EVERYTHING I might have to offer.
Who knows in time it may caputure a few more "Eyes"
UNISQUARE Online Auction Store
Ebay originally had very few viewers. It takes time to build up. As these other options become available, more and more people will be changing to them. I used to sell exclusively on ebay and right now, only about 10% of my sales are there....
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.