SELLER BEWARE - 5 Free listings = RIP OFF

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10-06-2009, 02:12 PM
Undream

SELLER BEWARE - 5 Free listings = RIP OFF

If you think you are getting a deal with 5 free listings per month that E-bay has decided to start doing, think again.

What nobody noticed was that they charge a final value fee of 8.75% flat up to $20.00

This is different than a normal FVF which is 8.75% of the first $25 the auction ends for, and then 3.5% of the winning amount past $25

Ebay should be ashamed of it's self !

On an item selling for $50.00 you will end up paying 31 cents more.
On an item selling for $100.00 you will end up paying $2.94 more !
On an item selling for $199.00 you will end up paying $6.68 more !!!
And on and on up to $20.00 fee after that they quit ripping you off !!!!!!

Talk about your bait and switch ! And they are going to do this every month to you and it looks like there is nothing you can do about it !

From now on, all my high dollar items are going to be saved until later in the month, after I've used the "5 Free" auctions.

Rediculous.
10-06-2009, 02:20 PM
Undream

What really ****es me off is I found this out after I listed all my high dollar razors on Oct 1, as "free" listings.

E-bay is going to make $10 + off me they wouldnt normally have this month. The filarmonica 14 I'm selling is going to be the most brutal one.
10-06-2009, 02:44 PM
JimmyHAD

Reminds me of the scene in the movie "The Magnificent Seven". Steve McQueen character is telling of a man mentioning to his friend that he is going to go to a poker game. His friend says that the game is crooked. He replies, I know..... but it is the only game in town. :)
10-06-2009, 05:28 PM
commiecat

Quote:

Originally Posted by Undream

What really ****es me off is I found this out after I listed all my high dollar razors on Oct 1, as "free" listings.

E-bay is going to make $10 + off me they wouldnt normally have this month. The filarmonica 14 I'm selling is going to be the most brutal one.

You should stick it to them and lower the price of the Filarmonica to less than $50!
10-06-2009, 05:33 PM
gugi

Quote:

Originally Posted by commiecat

You should stick it to them and lower the price of the Filarmonica to less than $50!

actually $25 so that he doesn't overpay a cent in final value fees and save the listing fees - looks like a win-win
10-07-2009, 10:57 AM
Undream

I found a way around it --

Every month, I'm going to list 5 auctions for one #2 pencil.

If someone wants to buy a pencil for 99 cents, thats great! Shipping is $8 though. muhahha.
10-07-2009, 11:00 AM
JimR

Quote:

Originally Posted by Undream

I found a way around it --

Every month, I'm going to list 5 auctions for one #2 pencil.

If someone wants to buy a pencil for 99 cents, thats great! Shipping is $8 though. muhahha.

Sounds like a true eBay entrepenuer!!!
10-11-2009, 09:49 PM
JimmyHAD

This may not be such a bad deal if I am reading it correctly. Ebay says that they will charge the 8.75% or $20.00 whichever is less as a final value fee.

I am planning on listing a high end bicycle that should bring over 1k. So does this mean that the max I would pay on final value is $20.00 ? I know that is what it says but I can't believe it.

You know the old saying.If it is too good to be true ........

"Your first five single-quantity auction-style listings to be listed on the site in a 30-day period have an insertion fee of $0.00 for eligible categories.* (See Insertion fees for more information.) These $0.00 insertion fee listings also have a final value fee per listing of 8.75% or $20, whichever is lower."
10-12-2009, 12:44 PM
Undream

You are correct Jimmy --

You get royally screwed for items that end between $26 and $508.

For items that end for more than $508, its actually not a bad deal.

For the few items that end over $508 e-bay probably makes up millions of dollars for the items that end between 26 and 508.

-Brad
10-12-2009, 01:10 PM
zib

You know, I hear sellers and buyer's complaining about Ebay, but no one stops using it, or paying 350 for a duck, or 430 for Filarmonica. I sell Coticules and C12k Slurries. I thought about listing, but I haven't. I just use the classifieds here. It all sounds like a headache to me. A good friend of mine, Bob Keyes or Altima55 uses it all the time, and he complains too, He just started his own website. http://straightrazorpalace.com/aucti...bobsrazors.com I thought he was pulling out of ebay altogether, but nope. He still sells. So, I guess the lure of easy money is too tempting, otherwise you wouldn't do it.....I know seller's get screwed on fees and stuff like that, but what about the buyers? I can't even tell you how many times I got screwed...Thank God for Paypal....
10-12-2009, 01:17 PM
JimmyHAD

Quote:

Originally Posted by zib

He still sells. So, I guess the lure of easy money is too tempting, otherwise you wouldn't do it.....I know seller's get screwed on fees and stuff like that, but what about the buyers? I can't even tell you how many times I got screwed...Thank God for Paypal....

AFAIC there ain't nothing easy about it. :) It is a PITA and I hate doing going through the taking photos, writing the descriptions and all of that but it is probably the best way to go about it. I still have to try Craigslist for some of the junk I've accumulated.
10-12-2009, 01:27 PM
Undream

I totally agree with you zib -- The easy money is hard to pass up. Also, I like listing things on E-bay because with RAD, its good to set a date that you KNOW that razor is getting sold. Once you list it, you have to sell it :D LOL

Under normal circumstances, I don't complain a lot about E-bay. I just quietly pay the fees.

However, this "promotion" got me fired up because 1) I didn't know what E-bay was doing because I never thought to look at the fine print, and 2) It seemed like a fairly underhanded / shady thing to do.

Anywho, I paid my $38.00 worth of fees on my $433 filly last week, happy to be able to reach an international market. I'll just be more conscious of what auctions I list under the promotional rate every month.
10-12-2009, 01:38 PM
zib

So, are there fee's in addition to the fee's u mentioned, and am I allowed to sell 5 things free of charge. I may give it a go....I'm waiting on a shipment of Coticule...

P.S. When Bob talks about Ebay, words like "Underhanded" "Screwed" and "It's just not right" come up A lot....
10-12-2009, 01:59 PM
wuff

Hi everyone, I sold some speakers on the bay to a buyer in the Ukraine and on top of the ebay fee's paypal charges 5% for international transactions.
10-12-2009, 02:00 PM
Undream

no, thats the problem zib -- They say "List 5 items, free of charge!"

What they don't tell you is that they are going to charge a final value fee if the item sells that is 8.75%, flat rate, only on these promotional items. This is different from their normal rates. Check out this graph:

http://www.adrian.edu/%7Ebmaggard/graph.JPG

I made this up to show the differences.

The worst possible sell price would be $228.60, which would cost you over $10.50 MORE in final value fees than the non-promotional rate.

As JimmyHAD mentioned though -- anything over $508 is actually a better deal - -- Especially if you get into over $1000 items, you could save $20+ in final value fees.
10-12-2009, 02:15 PM
zib

I guess Bob was right, They really do screw the seller....I think I'd be careful what I sold. Items that may fetch a price around 200 bucks, I'd look elsewhere, If you have something like a Wonderedge or Fily, then Ebay?
10-16-2009, 07:10 PM
JCitron

I'm glad I saw this post, I am planing on selling a chunk of my collection soon and this is good to know.

@Undream How did you end up paying $38? I thought it was 8.75% or $20, whichever is lower. :thinking:
10-16-2009, 08:13 PM
Undream

I included the paypal fee ;)

-Brad