Insane Seller Fees

[jims6832]

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".

[yuzuha]

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@brightlightbookseller wrote:

I'm baffled by your non-math.

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Same. The item sold for a total of $1,020. That 20% of that was a buyer's premium is completely irrelevant because the total price that the buyer paid was $1,020, which makes the selling price $1,020 as the auction house itself states in that image.

[brightlightbookseller]

I thought it was obvious, but here:

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@yuzuha wrote:

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@brightlightbookseller wrote:

I'm baffled by your non-math.

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Same. The item sold for a total of $1,020. That 20% of that was a buyer's premium is completely irrelevant because the total price that the buyer paid was $1,020, which makes the selling price $1,020 as the auction house itself states in that image.

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[ulfesharpe]

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@theteamsetguy wrote:

The Ad fees are VOLUNTARY. Etc

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Meaning it's obviously my fault that not all listings are equal and search results aren't straightforward and I have to pay extra for exposure..

[brightlightbookseller]

We don't promote the majority of our listings, yet somehow they still sell.  It's almost like ads are voluntary, and not required...

[monica-sells]

@gurlcat 

Just out of curiousity (if you don't mind sharing), would you share the online auction sites that do not charge a buyers premium? I have about 30 I monitor, and they all do. Always looking for decent 'sources',

Thanks

[soh.maryl]

Again, what I am baffled by is this " . . . 13.5% plus seller fees!"

That 13.5% is the seller fee, final value fee, whatever you want to call it and is calculated, basically on the item price, the shipping cost and the state sales tax, if applicable.

There is no "plus seller fees" involved here because that IS the seller fee. 

[isaiah53-57]

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@yuzuha wrote:

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@brightlightbookseller wrote:

I'm baffled by your non-math.

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Same. The item sold for a total of $1,020. That 20% of that was a buyer's premium is completely irrelevant because the total price that the buyer paid was $1,020, which makes the selling price $1,020 as the auction house itself states in that image.

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In most all cases, the auction house keeps the Buyers Premium - So it is completely relevant for comparison sake since the actual seller never sees it. The exampled item sold for $850 and the buyer paid a 20% premium bringing the total amount paid by the buyer to $1020. It's similar to sales tax - You sell a $200 item and the buyer pays $220 - the seller never sees that $20 - Thats the point I was making, that for payout comparison sake, you cant compare an item that sold at auction for $850 + 20% premium to an item that sold on ebay for $1020 - you would have to compare it to an item that sold at auction for $1020 + 20% premium in order to be looking at an apples to apples comparison. And if you dont think people pay well over an items perceived worth at auction especially in consideration of a buyer premium, then you havent been to an auction in a while.

The point of my previous posts were always refuting the information in the chart monica-sells made that shows the seller paying for the buyer premium, not the buyer - So in order for a fair comparison to be made, the actual selling price needs to be the same before premiums, or taxes or anything that the seller would never see.