03-24-2024
01:29 PM
- last edited on
03-24-2024
03:37 PM
by
kh-cathy
I deal in coins. I've been using EBAY for 18 years. After my last 2 items sold, I AM DONE.
13.5% plus seller fees! Sold 2 items for $1,200 total and was charged $164. +
I guess I will be buying and selling at coin shows now.
I AM DONE FOR GOOD "EBAY".
03-25-2024 04:10 AM
There has been a recent increase in the percentage of FVF in the coin category? How much is it now?
And, am even more confused because it seems to me that 13.5% IS the seller fee.
No change to the FVF' on coins according to the current eBay fee schedule.
03-25-2024 05:54 AM - edited 03-25-2024 06:08 AM
@dbfolks166mt wrote:
How did you get 35%?
The difference between what the buyer paid ($243.56) and what I got ($159.53 = €147.26 ) is 34.51%.
That was the cost of this transaction for me.
Edit:
you can argue that if Sales Tax is removed the total is $225 and the percentage deduced from earnings is 30%. But ebay uses the order total 243.56 to calculate fees and taxes so it's effectively a 35% selling cost for me.
03-25-2024 06:05 AM
What part of this example are you not understanding? It is factual and accurate. There are no semantics, opinions or hypotheticals, just facts.
I "renamed" the column in the hopes you will take off your blinders and see what I am saying.
In the highlighted column, this is the amount of $ that you (the buyer) paid the 3rd party platform to obtain the item up for auction. In the last column, is the computed amount the seller (me) realizes after the auction house takes its cut.
Are you telling me that (example "A") the sale price is $960.00? That you (as the buyer) did not consider the "Buyer Premium" as a part of the sale price (for a total of $1200.00) or that you (the buyer) only paid $960.00 for the item?
Come on man.....I don't buy it for a second that you don't see that....
03-25-2024 06:54 AM
The Ad fees are VOLUNTARY. meaning they are NOT required. A majority of the sellers don't advertise with promoted listings just like the OP who still sold their items.
03-25-2024 07:15 AM
Bye. No need to let us know, we're all quite satisfied with the fees since they're lower than most other options and we get the visibility of eBay in return.
03-25-2024 07:17 AM
Then you've made millions. I wouldn't complain.
03-25-2024 07:18 AM - edited 03-25-2024 07:19 AM
@gurlcat wrote:She didn't name the auction houses whose terms she quoted. You don't know that any of them charge only buyer and no seller premiums. I've seen both, and ones where the buyers and sellers split it. I know I don't pay a buyer premium at any of the ones I buy from, with the exception of the storage unit auction one, but that's pretty different.
Huh? - Anyway you look at it, its misinformation - It is traditional and STANDARD practice that the Buyer pays the premium - So even if what you say is true to any extent, showing an example where all 10 auction houses are making the seller pay the premium is false to a degree of manipulation at best, flat out lying at worst.
03-25-2024 07:37 AM
@monica-sells wrote:What part of this example are you not understanding? It is factual and accurate. There are no semantics, opinions or hypotheticals, just facts.
I "renamed" the column in the hopes you will take off your blinders and see what I am saying.
In the highlighted column, this is the amount of $ that you (the buyer) paid the 3rd party platform to obtain the item up for auction. In the last column, is the computed amount the seller (me) realizes after the auction house takes its cut.
Are you telling me that (example "A") the sale price is $960.00? That you (as the buyer) did not consider the "Buyer Premium" as a part of the sale price (for a total of $1200.00) or that you (the buyer) only paid $960.00 for the item?
Come on man.....I don't buy it for a second that you don't see that....
What part am I not understanding?? You already know what part - what you wrote in this post is just more smoke and mirror.
You show the premium reducing the sellers net in EVERY one of your auction house examples - It is purely false information - The $960 in example A? That should still be $1200 because the buyer paid the premium ($1200 + 20%). The Net to Seller cell should show $1080.
How about this, let us know which auction houses you are using as examples and we will be able to corroborate whether if what @gurlcat said in her reply has any merit - Problem is, even if it does, since it is standard practice that the buyer pays the premium at MOST auction houses, then the information in your chart is meant to mislead at best or offer patently false information at worst.
You know what? It doesnt matter... I already knew who you were before you posted this from other posts you've made.
03-25-2024 08:00 AM - edited 03-25-2024 08:02 AM
So...you are saying (as a seller) you sold this comic book for $1020.00, you would rather sell at Example A (Heritage..one of the largest) than at ebay? The buyer paid $1020.00 in both instances. You would net $147.90 less at Heritage than at ebay for that sale.
i am flummoxed yet again.....
03-25-2024 08:13 AM
@dbfolks166mt wrote:
How did you get 35%?
The difference between what the buyer paid ($243.56) and what I got ($159.53 = €147.26 ) is 34.51%.
That was the cost of this transaction for me.
Edit:
you can argue that if Sales Tax is removed the total is $225 and the percentage deduced from earnings is 30%. But ebay uses the order total 243.56 to calculate fees and taxes so it's effectively a 35% selling cost for me.
Looks like a poor currency conversion rate. Was that eBay or the CC company. Some less than clear order information on eBay's part flipping between EUR and USD.
03-25-2024 08:34 AM
@monica-sells wrote:So...you are saying (as a seller) you sold this comic book for $1020.00, you would rather sell at Example A (Heritage..one of the largest) than at ebay? The buyer paid $1020.00 in both instances. You would net $147.90 less at Heritage than at ebay for that sale.
i am flummoxed yet again.....
Of course you are - Oh what a wicked web we weave when we practice to deceive -
I am not taking the time to explain this nonsense again - The cats out of the bag - Everyone can see you are reducing the sellers net by a premium THE BUYER PAID - Regardless of your attempts to convolute, distract and throw more smoke and mirror at your tricks are exposed for what they always have been.
03-25-2024 08:55 AM
Hi everyone,
This discussion had veered wildly off topic prior to the original post being edited.
In order to bring the discussion back to the headline topic, number of posts have been edited or removed to bring them in line with the edit.
Thank you for continuing to observe the Community Guidlines and "fostering a welcoming, helpful, and respectful experience for all users".
03-25-2024 09:12 AM
@isaiah53-57 wrote:
@monica-sells wrote:So...you are saying (as a seller) you sold this comic book for $1020.00, you would rather sell at Example A (Heritage..one of the largest) than at ebay? The buyer paid $1020.00 in both instances. You would net $147.90 less at Heritage than at ebay for that sale.
i am flummoxed yet again.....
You know what? - I will show your work here, so others dont have to be blinded by convolution, distraction and deflection.
Not only are you still showing the buyer premium as reducing the sellers net at auction houses, but now, you are actually showing that this item sold on ebay for 20% more than what it sold at Heritage House Auctions as your point of comparison - Which is either based on bad math due to your lack of knowledge of how auction houses work, or simply a desperate attempt to continue the ruse that you know how auction houses work as expressed in the post when you first presented your "chart".
Here it is in a nutshell:
If the $1020 the buyer paid includes a 20% Buyer premium AS IT SAYS IN THE IMAGE, that means the item actually sold for $816 - So now you are attempting to compare the Seller Nets of an item that hypothetically sold on ebay $1020 and a similar item that sold on Heritage house auctions for $816. Hmmmm which one will have the lesser payout to the customer if the fees were exactly the same?
Buuut, you even take the ruse a step further by using the example that has the highest auction house consignment in your chart of 25% to compare with ebays 13.5% (of the entire transaction of course, which we wont use "for simplicity sake") - So if we use one of your examples of an auction house that charges 10% consignment (even if we consider the sale as a local pickup with no sales tax), then you would have paid more fees using ebay then that particular auction house...
Not only that, you would also have to contend with the time involved in listing and shipping this item, but also the CHANCE OF BEING SCAMMED that you have to deal with selling on ebay...
So to answer your baited question? - YES, I would rather sell at ANY ONE of those auction houses than on ebay.
I'm done - Nothing left to say about this other than what I have already shown to be true...
03-25-2024 09:17 AM
I'm baffled by your non-math.
03-25-2024 09:38 AM
@brightlightbookseller wrote:I'm baffled by your non-math.
How convenient - without explaining what part of my math you are baffled by, you escape with simply being baffled...