Selling

[brric_8734]

If I have a reserve and the item doesn’t sell on the first listing do I pay fees again?

[dryophelia]

@brric_8734 

Save your money. Don't use a Reserve. Start the bidding at the lowest you will accept. 

After all, isn't that what a reserve is, the least you will take for said item.

IMO, eBay makes the Reserve fee expensive, hoping you will be discouraged at the non-refundable fee. 

Yes, the fee is charged every time it is used. Even if one was to revise a listing to remove the reserve, the fee is not refunded. Stay away from them. 

[kensgiftshop]

Yes, if you use a reserve, you're charged each time you list it with the reserve.

Ditch the reserve and start the auction at the price you'll accept.

[wastingtime101 · Accepted solution]

A reserve is a non-refundable listing upgrade fee which you pay whether or not the item sells. It's inappropriate for most items. Better to start the auction at the lowest price you're willing to accept.

That said, what is the item and will you be listing it on this new account? If so, you may be better off using a fixed price listing instead of auction format. Unless the item is in high demand and likely to generate multiple bids, fixed price is the way to go.

Some new seller info for you posted below.

----------------------------

New sellers are targets for scammers that will make fake offers and try to get you to text or email them outside of eBay. Using fixed price listings with immediate payment required will cut down (but not eliminate) the number of those scam attempts. Keep messaging on eBay and don't fall for attempts to get you to change the shipping address, or claims the buyer cannot pay saying you need to click some kind of link or contact them off eBay to make payment work. If you have any more questions come back and ask.

Getting started:
https://www.ebay.com/help/selling/getting-started-selling

Selling limits:
https://www.ebay.com/help/selling/listings/selling-limits?id=4107

Selling fees:
https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822

Payment holds for new sellers:
https://www.ebay.com/help/selling/getting-paid/getting-paid-items-youve-sold/payments-hold?id=4816

General payments info:
https://www.ebay.com/help/selling/getting-paid/getting-paid-items-youve-sold?id=4814

Shipping basics:

https://www.ebay.com/sellercenter/shipping

Optimizing listings:

https://www.ebay.com/sellercenter/listings/listing-best-practices

[brric_8734]

Thanks that’s a great help, haven’t sold on eBay for about 10 years

[reallynicestamps]

In that case-- Have you set up your Managed Payments account?

EBay needs your checking account number and your SSN to transfer your customer payments to your bank.

(Which  happens on Tuesdays,by default.)

And don't expect to see that payment quickly.

Until you've been selling for 90 days and sold 25 items your payments will be held until tracking shows delivered, or in 30 days if there's no tracking. They can hold the payment for the full 30 days if you're selling in a high risk category. 

You can speed things up a little by using Fixed Payment/Immediate Payment Required, which means that the customer pays immediately and that money is available to buy a Shipping Label, which may even be discounted from the shipper's advertised rates.

[wastingtime101]

Hi @brric_8734 - I see you are in the UK. Info provided so far is all good advice but if you have further questions you might want to post them on community.ebay.co.uk since policies there can differ from those here on the .com site.

[tobaccocardyahoo]

Reserves  are appropriate for some items when listed for auctions,

Raising the starting bid is often most appropriate for items which should be sold as Buy It Now.

If the item can draw multiple bidders because of a reserve rather than a high starting bid, it may create "auction fever" where buyers make a decision influenced by emotion.

It requires skill to decide whether or not to use a reserve and there is no absolute rule to be followed.

Too many items are listed for auction on Ebay which sell on one bid, a decision to sell on auction should take more thought than many sellers are capable of.

Not knowing what the item is worth is a poor reason for using an auction. The item often sells for a pittance or a wholesale price to someone who knows what it is worth and intends to resell it.

I use auctions to sell items I am willing to accept a wholesale price for, and I use the raised starting bid for them.

If I want to receive a retail price, I use BIN.