One of the great joys about eBay

[sakic92710]

It gives me great joy to know I can list an expensive item on eBay & believe it will sell very quickly but I do not wish to pay 20%+ in total fees nor do I want to wait 3-4 weeks to receive the funds.  So, I placed it on 3 other sites.  I pay 0 fees on each & no hold on funds.  Immediate payment!  Whether it sells very fast anywhere else is a wait & see but, still not giving up about $150 Cdn. in fees / taxes.  One sold last week on eBay.  Too bad I have no motivation to post mine here due to the headaches of selling valuable merchandise on eBay.

[soh.maryl]

Just curious:  In what category are the final value fees 20% plus?  

[itsjustasprain]

---

@soh.maryl wrote:

Just curious:  In what category are the final value fees 20% plus?  

---

@sakic92710 : ...and what are those '3 other sites'?

[sakic92710]

20% is everything including taxes that are paid.  I'm in Canada & they make us pay a Goods & Services tax on every sale. (GST)

[sakic92710]

I can only mention 2 of those sites on here because eBay owns 1 - Kijiji & the other is Marketplace.

[dhbookds]

lol, so now your complaining because it would sell on Ebay?

If it's so great, I'd put it at the highest price you anticipate elsewhere + fees at auction......  couldn't hurt to try it.

[sakic92710]

As I stated, I do not wish to wait 3-4 weeks to get my money when the buyer has already received it.

[pastimpressions]

@soh.maryl wrote:

"Just curious:  In what category are the final value fees 20% plus? "

For many sellers the effective rate is 20% + commission as the 13.5% is a total cost not net sale commission.

[shire123]

I get paid every week.   Don't have to wait.    Also can request immediate payment

[12345jamesstamps]

This year should be interesting as the 1099K drops even lower than 2024.

I can't imagine getting 3 1099k's  from 3 different sites.

My accountant charges per each form one receives when he does my taxes...and then there's all those deductions you have to add to the 3 selling sites/

I will stick with one platform so I know I will only receive one 1099K next year to have to deal with.

And Marketplace also has to send a 1099K out for those who sold $6000. or more of 2024.

[biggymoe]

---

@sakic92710 wrote:

It gives me great joy to know I can list an expensive item on eBay & believe it will sell very quickly but I do not wish to pay 20%+ in total fees nor do I want to wait 3-4 weeks to receive the funds.  So, I placed it on 3 other sites.  I pay 0 fees on each & no hold on funds.  Immediate payment!  Whether it sells very fast anywhere else is a wait & see but, still not giving up about $150 Cdn. in fees / taxes.  One sold last week on eBay.  Too bad I have no motivation to post mine here due to the headaches of selling valuable merchandise on eBay.

---

Is there a point to this post?

Many eBay sellers list, and sell, on various venues.

Jack your price up to cover the horrific fees/taxes.  Is money so tight that you can't wait a while to get the payment?  You would probably have your money, from eBay, quicker than you will even sell it on those other sites.

[annadryl]

Are you posting this on the other wonderful sites forums? Seems no value to post here, if not just for attention.

Why not just move on?

[iamalwaysright]

---

@sakic92710 wrote:

It gives me great joy to know I can list an expensive item on eBay & believe it will sell very quickly but I do not wish to pay 20%+ in total fees nor do I want to wait 3-4 weeks to receive the funds.  So, I placed it on 3 other sites.  I pay 0 fees on each & no hold on funds.  Immediate payment!  Whether it sells very fast anywhere else is a wait & see but, still not giving up about $150 Cdn. in fees / taxes.  One sold last week on eBay.  Too bad I have no motivation to post mine here due to the headaches of selling valuable merchandise on eBay.

---

Waaaaait a minute 🤔

What you are describing doesn't sound like an ebay joy at all. It kinda almost sounds like the opposite of joy. I know this because my cousin is a detective and I have my suspicions. I'm onto you.

[lux.ra_14]

---

@12345jamesstamps wrote:

I can't imagine getting 3 1099k's  from 3 different sites.

My accountant charges per each form one receives when he does my taxes...

---

Maybe that's standard, but if sounds like a rip. They charge extra for having to type in a couple of extra numbers? The tax software does a lot of the work, especially if you have all of your records in order. Different story if you're just dumping a shoebox full of receipts on the accountant's desk ...

[sakic92710]

When you sell something expensive for several $100, they hold it until they feel comfortable that the buyer does not have an issue with the purchase.  The hold could be for a month.