eBay

djshakes · ‎10-26-2021

Wow, been an eBay seller forever and the fees are just insane. They charge final value fees on tax that is applied to the item! Crazy. Flipped a set of $925 gold clubs o paid $650 for and after fees $125 went to eBay. They made more than I did. It's OfferUp or bust now. Forget Feepay.

releasethekraken_1 · ‎10-26-2021

@djshakes wrote:
I baked shipping into the price at $925.
So you didn't flip for $925; you flipped for something closer to $850.
I flipped them, i didn't state how much I flipped them for but thank you for pointing out that it was indeed a profitable flip.
And then you whined because "they made more than you did".

I've been a seller on here with perfect feedback since 2002.
So you should know what the fees are. They haven't changed much for years.
Hahaha. This is laughable.
Look up the fees from before eBay and PayPal split six years ago. Compare them to current fees. Virtually no difference. Laugh away.

Considering the laffer curve it just isn't advantageous to sell items on ebay over $500 unless the category caps out on fees.
The Laffer curve has nothing to do with eBay sales. It's a tax revenue hypothesis that was used to justify cutting taxes for rich people.
The concept still remains. Once the burden (tax, fees) becomes to great it deters. How can you be this obtuse?
Since you seemed to be clueless about your tax obligation for smaller sales, it's odd that you would call someone else obtuse.

It's interesting to see the decline in ebay over the years. ... reporting sales over a certain $ to the IRS
Yeah, what's up with eBay obeying Federal law. Who do they think they are?
And I guarantee they didn't want to as they knew it would impact sales.
Thank you, Captain Obvious. But every online marketplace that processes payments has the same obligation. Yet you STILL didn't go with one that didn't. Brilliant.

heckofagame · ‎10-26-2021

Wow. Someone's mom forgot to put their meds in their breakfast

flyingmvp · ‎10-26-2021

@yuzuha wrote:
@djshakes wrote:
Not OfferUp and clist
And on Craigslist at least, you have to sit around waiting for the other person to come pick it up. I can count on one hand the number of people who have actually showed up to pick up their thing at the time they said they would... and that's not to mention all of the no-shows who never even showed up at all. It's a tradeoff.

Personally, I consider my time valuable.

I was never stood up by a craigslist buyer, they all show up, cash in hand with a big smile. the transaction always leads to a nice conversation on a cup of Starbucks coffee (my usual meeting place) since the buyer is sharing the same interests as I do, it is always high priced items I would not dare list here for obvious reasons, definitely worth my valuable time.

flyingmvp · ‎10-26-2021

@djshakes wrote:
No one uses Clist anymore. Well, rarely.

Clist is live and well in my area, maybe it will make a comeback in your area since Ebay is pushing out the smaller sellers/sellers of unique/OOAK/vintage items.

yuzuha · ‎10-26-2021

@flyingmvp wrote:
I was never stood up by a craigslist buyer, they all show up, cash in hand with a big smile. the transaction always leads to a nice conversation on a cup of Starbucks coffee (my usual meeting place) since the buyer is sharing the same interests as I do, it is always high priced items I would not dare list here for obvious reasons, definitely worth my valuable time.

Then you're extremely lucky so far, because I've had it happen multiple times. More often they're just late.

heckofagame · ‎10-26-2021

What is the murder rate for back-alley Craigslist transactions?

slati_2013 · ‎10-26-2021

Buy low, sell high. Most sellers here have an automatic calculator in their heads where they know the maximum amount they will pay for something they plan to sell on eBay. I would have paid, maximum $450, for the gold clubs knowing all the fees involved and asking myself if it is even worth the hassle.

One of the skills an eBay seller needs to know is to walk away form a bidding war if the price gets too high. The more you pay for something the less profit you will make obviously.

postingid7659 · ‎10-26-2021

Clist is great for large items that are hard to ship, you know, like a set of golf clubs.

I got away from it because for a long time you had self-appointed C-list police who would report every post they didn't like or understand and it was hard to keep an ad up.

Now, with cars, you pay five bucks for 30 days and it stays up, even some obvious scams stay up.

flyingmvp · ‎10-26-2021

@heckofagame wrote:
What is the murder rate for back-alley Craigslist transactions?

From my experience, 104% of the time, 🤔

sometimes even higher. 👻

Happy Halloween.

stuff4divas · ‎10-26-2021

@heckofagame wrote:
Wow. Someone's mom forgot to put their meds in their breakfast

😂 🤣

releasethekraken_1 · ‎10-26-2021

@slati_2013 wrote:
Buy low, sell high. Most sellers here have an automatic calculator in their heads where they know the maximum amount they will pay for something they plan to sell on eBay. I would have paid, maximum $450, for the gold clubs knowing all the fees involved and asking myself if it is even worth the hassle.

One of the skills an eBay seller needs to know is to walk away form a bidding war if the price gets too high. The more you pay for something the less profit you will make obviously.

Even $450 gets iffy when you consider the possibility of a "not as described" complaint costing you shipping both ways plus the eBay fees. That's probably close to $300.