Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
What Does It cost to Sell On eBay?
Old 09-12-2007, 04:22 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
What Does It cost to Sell On eBay?

I have used craigslist, but I think I haven't gotten the value I wanted out of it.

But, I heard the commissions to sell on eBay can be high??

Can anyone shed light on this?
__________________

__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-12-2007, 04:30 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Figure 5% if it is something expensive ($100's). 10% if it is something cheap (<$10).

If you're taking paypal w/ credit cards, that is. They usually charge around 3% for the CC fee, plus a small fixed amount.
__________________

__________________
justin is offline   Reply With Quote
Old 09-12-2007, 06:04 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,906
Quote:
Originally Posted by FinanceDude View Post
I have used craigslist, but I think I haven't gotten the value I wanted out of it.

Isn't Craigslist free? I consider that great value!

Seriously, though, what was your gripe about Craigslist?
__________________
Yes, I have achieved work / life balance.
travelover is offline   Reply With Quote
Old 09-12-2007, 07:04 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Aug 2005
Posts: 2,056
I'm guessing Craigslist might not generate as much traffic as eBay, but that's just speculation. I've also heard that there's a lot of fraud that seems to go on with Craigslist. Although eBay isn't exactly angelic in that regard either, I guess.

That being said, I sold a few pairs of old combat boots on eBay, but that was last year. I can't remember what the commision was, but around 10% sounds right.
__________________
Andre1969 is offline   Reply With Quote
Old 09-12-2007, 09:20 PM   #5
Full time employment: Posting here.
CCdaCE's Avatar
 
Join Date: Apr 2006
Posts: 887
From the horses ass mouth, here's their fee listing.
eBay.com Fees

Basically, it's 20 cents if you start your listing at 99 cents. When it goes up to whatever and sells... then their "final value fee" is based on the final price.

$0.01 - $25.00
5.25% of the closing value
$25.01 - $1,000.00
5.25% of the initial $25.00 ($1.31), plus 3.25% of the remaining closing value balance ($25.01 to $1,000.00)
Equal to or Over $1000.01
5.25% of the initial $25.00 ($1.31), plus 3.25% of the initial $25.01 - $1,000.00 ($31.69), plus 1.50% of the remaining closing value balance ($1000.01 - closing value)

Then they nickel and dime charge you based on how many photos you want and/or if you want to set a reserve (min. final price you're willing to accept), and a whole host of other things

I sold something for $45-ish, the fee came to $2-something after all the fees. I don't recall how bad Paypal hoses you.

-CC
__________________
"There's those thinkin' more or less, less is more, but if less is more, how you keepin' score?
It means for every point you make, your level drops. Kinda like you're startin' from the top..." "Society" - Eddie Vedder
CCdaCE is offline   Reply With Quote
Old 09-12-2007, 09:38 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,914
My DH has used E-Bay and Craig's list.

To sell something on E-Bay it needs to be easily shipped and you need to be able to discuss it in detail. My DH takes lots of photos then provides a link to an album feature provided by our ISP. There is A LOT OF TIME involved.

If your market is local Craig's list is better but the effort is comparable. Craig's list sales for shipped items increased significantly when Pay-Pal and shipping cost info was included. We live on an island so that impacts the use of Craig's list.
__________________
Duck bjorn.
Brat is offline   Reply With Quote
Old 09-13-2007, 07:11 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
donheff's Avatar
 
Join Date: Feb 2006
Location: Washington, DC
Posts: 8,653
Quote:
Originally Posted by Andre1969 View Post
I'm guessing Craigslist might not generate as much traffic as eBay, but that's just speculation.
You need to be careful with the "eyeballs" advantage on eBay. A lot of people say that the competition drives the overall prices down. When I was with the Government one of my IT systems was GSAAuctions.gov sort of a "GBay" for Federal surplus property. I tested the eBay option by posting a couple of dozen identical items on eBay and GSAAuctions. We clearly marked the eBay auctions as government excess being sold BY the government, not by a third party. Not all items sold on eBay, all sold on our site. EVERY item we sold did far better on our site and several sold for over twice the amount garnered on eBay. I assume the "trust" factor and customer's knowledgeable about reselling government surplus led to the higher prices on our internal site despite the increased eyeballs on eBay. We concluded that we could probably move to eBay and maintain our price levels by making it our official site but we didn't see anything that indicated that the general eBay audience would drive our prices up. With the commissions (eBay didn't offer good deals) it was cost effective to run our own system.
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is online now   Reply With Quote
Old 09-13-2007, 09:59 AM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by travelover View Post
Isn't Craigslist free? I consider that great value!

Seriously, though, what was your gripe about Craigslist?
Criagslist if rife with unrealistic "bargain" hunters. When I sold my van on there, I got MANY calls offering me $7000 for a 3 year old one-owner Town and Country in pristine condition with 48,000 miles............

I've had better luck getting my price at RUMMAGE SALES...........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 09-13-2007, 12:38 PM   #9
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,620
Quote:
Originally Posted by Brat View Post
If your market is local Craig's list is better but the effort is comparable.
Same here, but local newspapers charge whatever they want for ads that are uninformative, bloated (with, uhm, advertising), & expensive. Craigslist is the best price around.

My biggest frustration with eBay is the users who state "Shipping to U.S. only!!!!!" and then argue with me about the number of stars on the U.S. flag. There are others who claim that UPS won't ship to Hawaii so their hands are tied.

Quote:
Originally Posted by Brat View Post
Craig's list sales for shipped items increased significantly when Pay-Pal and shipping cost info was included.
I don't see an easy way to search Craigslist nationally for items (other than clicking on one metropolitan link after another)-- does anyone know how to do that?

I've sold Craigslist items to buyers as far as Pennsylvania, and even with the shipping cost/hassle we ended up with more money than waiting for a local buyer.

FinanceDude, for a guy who used to sell cars you sure seem to have a thin skin about ignorant customers. Craigslist gives you all the value that you pay for, and we don't take any potential buyers seriously until they make it to our driveway. I was particularly amused by a buyer who called from four blocks away and still couldn't find our house... guess he got sidetracked by a better deal.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 09-13-2007, 01:29 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by Nords View Post
FinanceDude, for a guy who used to sell cars you sure seem to have a thin skin about ignorant customers. Craigslist gives you all the value that you pay for, and we don't take any potential buyers seriously until they make it to our driveway. I was particularly amused by a buyer who called from four blocks away and still couldn't find our house... guess he got sidetracked by a better deal.
I had one advantage back then, I got to kick them out...........
__________________

__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Ebay auction brewer12345 Other topics 5 08-31-2007 10:01 AM
Ebay to clean house out? Orchidflower Life after FIRE 14 07-17-2007 04:30 PM
A Problem On Ebay yakers FIRE and Money 19 03-19-2007 12:58 PM
eBay neutral feedback?!? Nords Other topics 14 01-03-2006 07:11 PM
Ebay and scams Eagle43 Other topics 19 03-20-2005 03:30 AM

 

 
All times are GMT -6. The time now is 09:06 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.