EBay fees & changes13346
 Collector
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Haljordanfan private msg quote post Address this user | |
| Hi all, Seems EBay is getting away from PayPal and using their own depositing method into your bank account. Fees will now be roughly a bit over 12%. Wondering if I can get a few inputs from seasoned sellers on how this should shape up? Also, are there any hidden things I may be missing? Thanks in advance! Nick |
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 I showed my wife and she was so happy for me she started to cry.
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Batman66 private msg quote post Address this user | |
| Interested myself | ||
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 I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
| I wasn't aware it was a mandatory change when I first received an email from them, I'll have to read it more carefully. It seems good for casual sellers and increased fees for everyone else. | ||
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 To answer your question, no, this is not where the comics go to die.
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MutantMania private msg quote post Address this user | |
| The eBay managed payment system is mandatory for all sellers and I believe that they are trying to get all sellers moved over by the end of the year. It isn't an optional thing unfortunately. I have been using it since August and it does take a little getting used to. The money has to be transferred to your bank account so it's not instantly available like when Paypal payments were used. You can set it up for daily or weekly transfer.I have mine on a weekly schedule and it usually gets into my bank account in one day now. It would have been nice to have a choice to use Paypal but what can you do  |
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 Collector
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moodswing private msg quote post Address this user | |
| The fact that they charge a final value fee after tax is calculated is ridiculous. I wish I could find more sellers outside of ebay. I literally contacted a seller on ebay and he said he wouldn't sell outside of the venue. That doesn't make any sense to me. Do sellers not understand they are actually better protected just through paypal not ebay? | ||
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Collector
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Haljordanfan private msg quote post Address this user | |
| Okay Flanders, I read everything the same way that you did. Question is, when are we going to get another platform with a lower TOTAL fee system and humble EBay a bit? Their pricing structure has gotten out of control in my opinion. |
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Collector
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moodswing private msg quote post Address this user | |
| @Haljordanfan Theres Mercari but I believe they just raised their fees so they are more than ebay now. Not totally positive though. |
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I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
| @Haljordanfan I changed my post since I personally found it to be annoying. The only platform I know of, that is far better than ebay, is selling through Mycomicshop, 8% auction final value fees, around 10% max, $5 minimum fee on everything else, 3% transaction fees are charged to the buyer, and no need to deal with shipping and packing supplies. I'm not aware of a broader site that offers less fees than Ebay. I've tried facebook marketplace but I've encountered too many shady people on there to want to deal with. Right now, Ebay is the best option unless you are selling keys. | ||
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 Collector
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Beeda private msg quote post Address this user | |
| Hey, I've been using it for a while now, it's not all that different regarding fees. If you're a top rated seller it actually saves about 1% on the final value fee. One thing to note is that currently I am not being charged final value fee on tax. I'm not sure if that's because I'm a business and have supplied Ebay with a resale certificate or something like that. Overall I'm seeing slight savings on small transactions, but greater savings on larger transactions. The $.30 really hits when you're selling a single new issue for cover price, but it is what it is. The costs are about the same as any other selling site. Even Mercari has started charging a total of 12.9%. I agree that using PayPal was easier on the money side. Your money was immediately available. |
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To answer your question, no, this is not where the comics go to die.
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MutantMania private msg quote post Address this user | |
| This is what the guy from eBay said when I asked about the fees: 09:47:01 UTC Keith Not really, previously with PayPal, you were paying like 10% on standard categories to us before your discount. plus 2.9%+$0.30 for every transaction. With just eBay, you will be paying 12.35%+$0.30 for every transaction. Prior to your discount we reduced what you are paying. With your discount, there are equivalent savings there. |
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Collector
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Haljordanfan private msg quote post Address this user | |
| I don't sell comics on EBay, but other collectibles such as models, games and statues. For books, I'd use here or the other site, as most serious collectors are on both. Also as mentioned above, PayPal is the protector, not EBay. |
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 Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| @moodswing Quote: Originally Posted by moodswing eBay monitors messages on its platform. Sellers who agree to move business off of the site are often flagged and disciplined. |
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To answer your question, no, this is not where the comics go to die.
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MutantMania private msg quote post Address this user | |
| I started to use MCS for all of my graded stuff but I will never send them raw books again. Also I do like the 8% for auctions at MCS but the multi item auction fee is 25%  For raw books it's eBay or Craigslist for me. Another thing I miss about taking Paypal on ebay is that I could email the buyers direct from the Paypal email. It was a great way to make additional sales without going through eBay |
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Collector
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moodswing private msg quote post Address this user | |
| @CaptainCanuck If ebay doesn't know, how can they be flagged? For instance the sellers name on ebay is the same as his instragram or website. You see the listing on ebay and contact them through fb or instragram. Ebay doesn't know they sold the item outside of ebay. They just take the item down. There are several comic sellers who sell on both, listing the same item on each venue. You can go through ebay or their site where it is cheaper. |
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Collector
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moodswing private msg quote post Address this user | |
| @MutantMania What is the multi item auction? Is that auctions that have multiple raws for sale? Also, I don't think paypal shows the sellers email anymore. Or at least it isn't showing for me anymore. |
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To answer your question, no, this is not where the comics go to die.
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MutantMania private msg quote post Address this user | |
| @moodswing Yes the multi item auction is for different books being sold as a lot You are correct that it doesn't show the actual email address anymore but if you hit reply on the Paypal instant payment email it will send it direct to the buyer  |
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Collector
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Buckets private msg quote post Address this user | |
| I have been selling on ebay since 1995 and have seen quite a few changes, some good and some not so good, over the years. I was notified last April of the mandatory switch to their own payment processing service and I didn't like the thought of switching in the slightest. Fast forward to November and having used the service for some time, it’s not nearly as bad as I initially projected. Some benefits I like: ebay will collect all sales tax from customers(something which I had to track) and will deduct both the sales tax and final value fees from my total. The total that is sent me is now mine to do with as I please and I don't have to pay the fees later. I also purchase shipping through ebay, which is by far the easiest and most cost cutting service to use. The shipping fees are also deducted from your total. I was using Stamps.com so I saved their monthly fees and save on deeper shipping discounts through ebay. I also see ebay as advertising to the masses and brings the customers to my site. It’s the best platform with the most eyes on the stuff, millions of potential customers that ebay brings, so I don't mind paying for the advertising. I have been protected by fraudulent buyers many times, which is another added benefit. Paypal charged 1.9-2.9% on each transaction depending on amount, that has now transferred to ebay, which is okay be me. Paypal also instituted a policy that allowed them to keep all fees when you refunded a customer. I had a customer once purchase a $300 book, pay for it and then asked to cancel the order and please refund them, all in under 10 minutes time. I checked my Paypal account and Paypal did not refund my fees. Not sure if ebay does the same since I have yet to encounter that particular challenge with ebay, but that was a big turn off on continuing to use Paypal. Those are the broad strokes and I’m sure there is more I’m missing. |
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Captain Corrector
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CaptainCanuck private msg quote post Address this user | |
| @moodswing Quote: Originally Posted by moodswing I see what you mean. In that case you’re right, contacting the seller off of eBay means eBay would probably have no way of tracking down the transaction. |
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| Post 18 • IP flag post | ||
 It's like the Roach Motel for comic collectors.
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chester15 private msg quote post Address this user | |
| I have been on MP since August. It was an easy transition for me, some have had more of a challenge. Especially if you have difficulty getting your bank account lined up, trouble during that approval process. Fees are about the same, maybe a bit lower. They do charge the final fee including the sales tax, but they adjusted the FVF rate down to negate any effect. But people still see that fee on the sales tax, and it burns them. They just can't get the idea that it has been adjusted out. Just the fact that sales tax is no longer on my plate is a big benefit. If you make a refund for the FULL amount, you get all your fees back, which is better than the new PayPal policy. If you make a partial refund, for item price or shipping discount, no fees are returned. That was always the case in the past, but before you could call customer service and they would allow the credit. Now, even if you call, no go. Given a choice, I would have liked to keep things as they were, with PayPal. Who wants to make changes, especially if there's no benefit? But that choice is eroding daily, and you can't blame eBay for wanting to get their own processing fees. I'd rather see them making a bit more doing that than charging higher seller fees overall instead. |
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 Collector
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poka private msg quote post Address this user | |
Quote:Originally Posted by moodswing if you contacted through ebay - seller can get banned. Not worth it |
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Collector
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moodswing private msg quote post Address this user | |
| @poka Yes, I know that. He could have replied back using his instagram or fb page. Not very complicated. Doesn't make sense if you have the same ebay id as your instagram and don't want to do business outside of ebay. I guess sellers don't like money. |
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| Post 21 • IP flag post | ||
 Masculinity takes a holiday.
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EbayMafia private msg quote post Address this user | |
| Here's what I did last week with a seller who had several books I would be interested in at the right price: Me: I'm legitimately interested in several of your listings, are you on any of the comic grading forums? Seller: Ebay policy prohibits me from taking transactions off the Ebay plateform, blah, blah, blah. Me: I'm going to buy one of your books, when I receive it we will see where the relationship goes from there. Seller: Thank you The book came with the sellers direct contact information included and we made a deal for 12 more books. Total price difference with sales tax was about 25%. |
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It's like the Roach Motel for comic collectors.
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chester15 private msg quote post Address this user | |
Quote:Originally Posted by moodswing I get inquiries on ebay frequently, asking to sell off ebay. Kind of ballsy, considering the rules. Like I want to even entertain the idea to make 1 stupid sale and risk getting kicked off, there goes my livelihood. And who does it benefit?? The buyer usually wants it cheaper since there is no fee. Yeah, THAT'S a big help to me. I take the risk, and get zero dollars for it. EBay does its job, and doesn't get paid for it, that's a noble endeavor. Apparently people don't realize the position they put the seller in. I hate those people. So here's how it usually goes....question comes in to sell ASM 33 raw off ebay. The person messaging has to leave you a way to contact them in their inquiry. You get back to them through FB, and make the deal. Then you take the item down manually from eBay. You think THAT doesn't look like a direct connection??? Message came in to SELL OFF EBAY, and then item is removed. Hmmmm... Lucky for all of us that eBay is a bit sleepy on that, or a lot of people would be enjoying an eBay selling vacation. |
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 Collector
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Drogio private msg quote post Address this user | |
Quote:Originally Posted by Haljordanfan I haven’t received any email on this matter. I looked back a few months, but nothing. If this is a mandatory switch by December 31st, I would think more emails forewarning sellers would be already coming out regularly. What I’m not understanding is if EBay is going I have an account separate from your personal bank account like PayPal. I’m not crazy about the idea of ebay having direct access to my personal bank account in case their was a dispute with a buyer...because they always side with the buyer... |
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Collector
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moodswing private msg quote post Address this user | |
| @chester15 If someone is being stupid enough to flat out message you stating "Hey I want the book, my facebook name is ... or just email me at...". They are stupid. If I see you have the same instagram name as your facebook and I contact you through that media then why have an issue with making a deal? It benefits both the buyer and seller. You don't get charged the 10% fee and you make a sale. Same thing with selling on this forum or any other place. Ebay doesn't give the seller special protection. You think it is more risky as a seller to sell outside of Ebay? |
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It's like the Roach Motel for comic collectors.
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chester15 private msg quote post Address this user | |
| I guess I get the stupid people, because they leave me their email address (even though it's almost impossible to do that, somehow they do), or their phone number, or I'm supposed to just message them back using Ebay's own system!! The scenario you describe, not using eBay's messaging system, is legit. It's the Wild West out there now. And now back to our regularly scheduled topic. |
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Collector
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moodswing private msg quote post Address this user | |
| @chester15 I actually had that happen and was wondering the entire time how did their email or number get through the ebay system. I had a buy it now with a best offer. The dude sent an offer for my buy it now price and in the message his cell number was listed. Red flags everywhere. I have only tried to hunt down a seller once or twice. I just tried sending messages like "check IG". Unfortunately, it didn't work. |
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Collector
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poka private msg quote post Address this user | |
| what some buyers do is that provide their phone number in an attachment. Apparently, ebay not yet monitoring the attachments. but for me - I am kind of ignoring such mails |
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Masculinity takes a holiday.
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EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by chester15 @chester15 For me it's primarily about the 10% sales tax that I have to add to every Ebay purchase now. For a single book I would typically be satisfied with saving that, and let the seller keep the savings of the seller fees. As the purchase amount gets larger, or depending on the initial asking price, I would negotiate more of the transaction fee savings to be discounted from the asking price. |
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| Post 29 • IP flag post | ||
 Collector
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Puckster private msg quote post Address this user | |
| So my Managed Payments started a little over a week ago. In a nut shell, you get charged $0.30 per transaction. Like I had one person buy 10 items. I only got charged $0.30 for the whole thing, which was great. After that, it's something like 12%. I can't remember the exact percentage. So the overall percentage charge is actually smaller than what you were having to pay in fees previously. You see a lot more savings on higher priced items. You're also not getting hit with PayPal fees. That was the big kicker most of the time for me. Ebay would take out their fee and PayPal would also take out theirs. There are a few youtubers who go into a lot of detail that are worth watching. The Auction Professor has a couple of them that ware well worth the watch and he explains it a lot better than I can. | ||
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