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is the 15th of the month, and I receive a bill a few days later and then in a few more days the money is automatically withdrawn from my payment source.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
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