07-28-2022 02:50 AM
If anyone can help. If I list an item with a reserve of a 100.00 is the fee 2% =2.00 plus eBay's commission???
07-28-2022 02:55 AM
7.5% which comes to $7.50. It is not worth it as almost every buyer on the planet hits the back button when there is a reserve. It would be better for you to just start the auction at the lowest you would take and let bidders bring the price higher.
07-28-2022 03:07 AM
The other poster is correct, the reserve limit is not 2% but 7.5%. See the link below for more info.
https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822#section5
Reserve price | $5.00 or 7.5% of reserve price, whichever is greater (maximum fee $250) |
07-28-2022 04:34 AM
As noted in the other posts, the rate is 7.5% so the fee on a Reserve of $100 would be $7.50. I just wanted to add that this fee is charged when the listing goes live, and it is not refundable regardless of the outcome of the listing (i.e., sold, unsold, sold but unpaid or returned, etc.).
Then you would also be charged eBay's final value fee on the buyer's full payment including item price, shipping, and sales tax (if any). In most categories, the rate is 12.9%.
https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822
07-28-2022 05:07 AM
Why even use a Reserve. which costs extra and is payable even if the item does not sell?
Just start your listing at the lowest price you would accept if it gets only one bid.
07-28-2022 05:30 AM - edited 07-28-2022 05:30 AM
I agree completely with what othes have said:
The reserve fee is high. You pay it whether or not the item sells.
Buyers hate reserves. Most will not bid at all. Some will nibble- and sport-bid just to try to reveal the reserve, with no itention of paying even if they end up with the highest bid, figuring that if you can play games, so can they.
Except in the very rarest of instances, reserves on eBay auctions are a bad idea.
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