When does Ebay charge the final value fee?
I am preparing to sell my first item on ebay for about 350 bucks. To list it, it is 40 cents, but how much and when will the final value price and any other fees be charged? Do they automatically take it out of my money?
eBay requires sellers to set up an automatic payment method to pay their selling fee invoice, although eBay does allow you to pay early with a different method. When eBay invoices will be due varies for each seller, if I recall, the cut off is either set up for the 1st or 15th, mine is the 15th of the month, and I receive a bill a few days later and then in a few more days the money is automatically withdrawn from my payment source.
eBay – How do I pay my selling fees:
http://pages.ebay.com/help/sell/seller-fees.html
The eBay listing fees are charged to your account when you list an item, and the final value fees are charged to your account when the item sells, but you pay by your monthly invoice.
As to fee expenses. You have eBay listing fees, eBay final value fees if the item sales, and PayPal fees if you are paid via PayPal. I usually allow about 15% for fees.
Basically the costs are the listing fees for most things to "auction" which are about 10 cents to $2 and the final value fee is about 9% plus PayPal fee if applicable, which is about 3% (see further down).
The fixed price fees really require reading the fees chart, but basically about 7% to 13% plus a 50 cent listing fee unless you have an eBay store. There are add-on options you can add like bold and highlight so as you can see, the fee costs are complicated, depending if it’s an auction or fixed priced listing and any extras. The link to the eBay fee page is below.
The PayPal information is:
There’s no fee to use PayPal to purchase goods or services. However, if you receive money for goods or services (such as from selling an item on eBay), the fee for each transaction is 2.9% plus $0.30 USD of the amount you receive. The link is below.
Here is some additional eBay seller info from their web site:
What are the requirements to sell on eBay? Provide us with a valid credit card, debit card, or bank account information. Let us know how you would like to pay your seller fees. Select the payment methods you’ll accept. Make sure your Feedback Profile is public. We also recommend that you become PayPal verified.
http://pages.ebay.com/help/sell/fees.html
https://www.paypal-search.com/socialsearch/query
http://pages.ebay.com/help/sell/questions/sell-requirements.html
http://pages.ebay.com/help/sell/pictures.html
http://websellerslunchclub.com/s-sellers-area.html
I will explain you all about ebay and also advice you the positive/negative sides of ebay if you send me $5 after the explanation ! Do you agree ?
References :
The final value fee is only collected when the item sells. The current rate is something like 9% (it’s how eBay makes money). If you have a PayPal account connected to eBay, the money will be transferred through that.
References :
eBay charges its fees around the 12th of the following month. They send you an email telling you what your fees add up to and tell you they will be debiting your PayPal account or credit card (whatever the payment source was that you nominated when you created the listing). Final value fee is a % of the price plus shipping that you sold it for. It’s about 6% of the amount. Also, PayPal charges fees if that’s how your buyer paid. Their fees are 35cents plus around 3% and PayPal takes it out of the money before you get it. And as a new seller, PayPal is going to hold the money for around 21 days meaning you have to pay for shipping out of your own pocket first and your eBay bill might come through to be paid before PayPal has released the money. So you need to have money available to pay these costs yourself before you get hold of the money from the sale.
References :
eBay requires sellers to set up an automatic payment method to pay their selling fee invoice, although eBay does allow you to pay early with a different method. When eBay invoices will be due varies for each seller, if I recall, the cut off is either set up for the 1st or 15th, mine is the 15th of the month, and I receive a bill a few days later and then in a few more days the money is automatically withdrawn from my payment source.
eBay – How do I pay my selling fees:
http://pages.ebay.com/help/sell/seller-fees.html
The eBay listing fees are charged to your account when you list an item, and the final value fees are charged to your account when the item sells, but you pay by your monthly invoice.
As to fee expenses. You have eBay listing fees, eBay final value fees if the item sales, and PayPal fees if you are paid via PayPal. I usually allow about 15% for fees.
Basically the costs are the listing fees for most things to "auction" which are about 10 cents to $2 and the final value fee is about 9% plus PayPal fee if applicable, which is about 3% (see further down).
The fixed price fees really require reading the fees chart, but basically about 7% to 13% plus a 50 cent listing fee unless you have an eBay store. There are add-on options you can add like bold and highlight so as you can see, the fee costs are complicated, depending if it’s an auction or fixed priced listing and any extras. The link to the eBay fee page is below.
The PayPal information is:
There’s no fee to use PayPal to purchase goods or services. However, if you receive money for goods or services (such as from selling an item on eBay), the fee for each transaction is 2.9% plus $0.30 USD of the amount you receive. The link is below.
Here is some additional eBay seller info from their web site:
What are the requirements to sell on eBay? Provide us with a valid credit card, debit card, or bank account information. Let us know how you would like to pay your seller fees. Select the payment methods you’ll accept. Make sure your Feedback Profile is public. We also recommend that you become PayPal verified.
http://pages.ebay.com/help/sell/fees.html
https://www.paypal-search.com/socialsearch/query
http://pages.ebay.com/help/sell/questions/sell-requirements.html
http://pages.ebay.com/help/sell/pictures.html
http://websellerslunchclub.com/s-sellers-area.html
References :
eBay
PayPal
WebSellersLunchClub