04-30-2013 09:58 AM
Am I the only one that is concerned with ebay's recent increase in final value fees? Ebay is making it hard to make even a small profit off items sold!
03-17-2015 05:17 PM
Looks like the greedy giant is looking for more, now there gonna scumbag us with a 2% reserve fee. So if you list with a reserve and sell your item its, 10% final vaule + 3% paypal + 2% reserve fee, grand total 15% of your money. And lets not forget if you charge for shipping, thats 10% of the shipping for them to. Welcome to coprate America.
03-17-2015 07:49 PM
03-19-2015 07:22 AM
Wow, I'm in the same boat as everyone else. Haven't sold anything for a while until last month and was shocked when the invoice came. 10% ?!! I had to keep double checking my math to make sure I was seeing that right. That was my last sale on Ebay, and probably last purchase since other sellers have to mark up their items soo much to cover the fees, theres no deals anymore.
I will say those that are willing to stick with ebay, should look into other purchase options like dwolla, they only charge a quarter per transaction regardless of amount, not a percentage.
03-20-2015 12:39 PM
Same boat as all of you!
I have been with Ebay since 1998 and have a perfect selling and buying history of 760 items. It has been a few of years since I used Ebay and I was shocked to find what my final fees were at 10%+
THEN, PayPal takes their 3% off the payment
On a recent $400 sale Ebay took $44.35, PayPal took $12.00, I paid ($9.65 shipping so I had a net of $334.00
Somebody would make a ton of money to do a clone of Ebay and run it the way it was years ago. What REALLY ticks me off is when you go to post your listing, it tells you the estimated fees will be like $4.00. They should tell you IF it sells, it will be WAY more and give you the number.
I will not be selling anything of real value again on Ebay. 15% sales fee is criminal!
03-20-2015 08:24 PM
I haven’t regularly used Ebay in a few years, so the new final value fee was definitely an unpleasant sight when I got my recent invoice. After shipping and any other fees, I think I netted maybe 75% of my sale prices.
Admittedly my past experiences with Ebay have always been good. Customer service is always pleasant. I hold a lot of confidence in the buyer protections that comes with Paypal. The Ebay website itself is built well and gives me a lot of options. I understand all of these have some value; I understand Ebay is here to make a profit. What actually irked me was the fact that the fee was quietly pushed through. My final selling fee was only presented as being a few dollars, but the final value fee was never projected. It was the bigger beast to feed, and being as such, it should have been presented much more clearly than a few dollars to insert the item.
In all fairness, 10% still isn’t THAT bad. You can sell locally through something like Craigslist, but from my experience, you don’t really get that much more for your items in the long run. There’s also no buyer protections or good resolutions for conflicts. Some buyers can be a pain. Some never show up for the sale. Anything for a niche market is difficult to sell though sites that aren’t Ebay. Does this mean I’m totally cool with the new fees? Not really, but I can kind of understand why they’re there, and more importantly, why Ebay knows it can put them there. Ebay rules the online auction market and it knows it.
I don't anticipate totally giving up on Ebay, but I'll certainly be reseraching other options the next time I decide to sell online.
03-22-2015 06:39 AM
It's totally ridiculous and blindsiding. What a waste of my time. I'm sick of greedy gluttons making MORE money off me when I am just trying to survive. I'M NOT A BUSINESS!
03-22-2015 08:18 PM
Yeah, definitely turned off.
I have not come to sell for awhile and now I gathered a few new items worth a total thousand $ or so that I want to sell. And then I find this fee has become 10% that would eat a big chuck of sale price. Adding the paypal fee as well as the shipping cost, there is no way I can sell things here. I will have to find another venue to sell or just keep the stuff for myself. Done selling with ebay.
03-23-2015 01:47 PM
Naturally this is capped at $750. Only that? It's like the people who run eBay think their site should only be for the kind of rich s.o.b.s they're currently spending time with.
And if the peasants complain, let them find somewhere else! (cue supervillain laughter)
03-24-2015 07:54 AM
Yeah, it has really forced me to reconsider my selling tactics. It's absurd that I have to pay sometimes as much as 11% with shipping before PayPal even takes their cut. eBay will lose a lot of business if they don't change their tactics.
03-25-2015 05:40 PM
Wow, i haven't been on Ebay in years and I came back and listed a few things that sold and wow, the fees are now insane. I will never be coming back to ebay to sell anything. Everything is going on craigslist now.
03-26-2015 10:58 AM
I'd like to chime in here on my recent selling experience after not selling for several years. I sold some items recently and was charged the 10% on everything, including shipping, tax as well. On top of the huge fees, there was an illegitimate Final Value Fee for an item that was cancelled because of your typical eBay scammer (0 transactions in history) who jumped up the bid by hundreds of dollars towards the end of the auction to, perhaps, get another account out of hot water for bidding higher than they wanted to and regretting it. Either way, the new "buyer account" refused to pay telling me that it was a mistake, so I had the transaction cancelled, and resold with the "Second Chance Offer".
The icing on the cake here is that I specifically called eBay to let them know about this fraudulent activity and my desire to cancel that transaction; as I had already resold the item using the "Second Chance Offer". They told me that they had a "case open" and that they could not manually cancel it and would have to wait 7 days until the item is officially cancelled. Fine, I'll just pay the fees later, or so I thought. The next day I find that I received a "Action Required -- Credit/Debit Card Payment Declined" message on my eBay account telling me that they couldn't automatically charge the credit card on my account for the Final Value Fees that were due; including the illegitimate cancelled fee. I am glad that I haven't updated or sold anything on my account recently and that the card was expired, because I am NOT interested in having the eBay corporation hold on to my money on some chance that they may "credit" it back to me at some point. And all of this comes on top of the new 10% Final Value Fee on top of the base listing fees?
NO THANKS, eBay!!!!!! What a shameful attempt to take my money without my permission. You WILL take the fraudulent Final Value Fee off of my invoice before you receive a single dime from me. What's double shameful about eBay doing this is that I was attempting to pay them ASAP and I went out of my way to call them to get this fixed. And they respond by doing this.... Unacceptable.
03-27-2015 04:43 PM
the fees are absurd. I understand needing to raise them but there are other options. ill be using those.
03-29-2015 10:41 AM
It is not only the 10% + 3% for paypal., But paypal aslo charges 6.7% cross border fees for Canadians, All fees for Ebay and paypal then total 19.7 % .....but then it gets worse...to top it off....on that 19.7 % they charge a 28 % exchange rate on top of the fees !!! So much for the small time seller trying to make a buck...I can no longer compete with China and the big box department stores....Its such a shame that some big shot sitting on his ass in Switzerland representing Ebay has to be so greedy...Goodbye Ebay ....you have officiially ruined it for the small time sellers...
03-31-2015 08:17 PM
this is the last round of business I will ever do with ebay...10%?...F-O
04-01-2015 06:47 PM
When the heck did these final value fees start? I've been selling stuff on eBay for years and never had one?
The total was upwards of 10% are you kidding me? I barely made money on the transaction after all that!
I'm taking my business to amazon, forget this!