Question: What Is A Final Value Fee?

What is the final value fee on eBay?

Shipping to the buyer is $30, so the total amount of the sale is $7,830.

The final value fee is $750.

(10% of $7,830 is $783, but the maximum charge for auction-style final value fees is $750)….Fixed price listing example 1.Final value fee$8.70Bold fee$4.00Total fees$13.052 more rows.

Why is eBay charging me a listing fee?

Insertion fee An insertion fee, also known as a listing fee, is charged every time you create or relist a listing on eBay, regardless of whether that listing generates a sale. The insertion fee is calculated based on the category the item is listed under, with sellers getting 50 free per month.

What percentage does eBay and PayPal take from a sale?

Depending on your store level, eBay’s final value fee is 1.5-12%. PayPal takes 2.9% + $0.30 for domestic sales and 4.4% + a fixed fee based on the currency for international transactions.

Can I cancel eBay order if buyer hasn’t paid?

Both the buyer and seller in an eBay transaction can request a cancellation within 30 days of the sale but neither has to accept. If the buyer does not approve of the cancellation, the seller cannot then open an unpaid item case or try and cancel again.

Do I still have to pay eBay fees if buyer doesn’t pay?

If the buyer does not pay, the seller receives an email that Final Value Fees will be credited back to their account. … It is really important that all sellers file unpaid item cases against buyers who don’t pay. This way, non-paying deadbeats will be removed from eBay systematically.

What happens if I don’t accept a return on eBay?

Generally, if you decline a return request, the buyer will escalate it to ebay for a determination. … ebay will immediately withdraw funds from your paypal account and you will get a strike against your seller perfotmance. It doesn’t matter what your listing says or doesn’t say, the buyer is always right.

What is final value fee credit?

You can request a final value fee credit if you and your buyer agree to cancel a transaction or if a buyer doesn’t pay for an item. … The credit will be applied to future listing fees or, you can request a refund from eBay.

How does eBay calculate final value fee?

eBay charges Final Value Fees when your items sell. This fee is calculated as a percentage of the total amount of the sale. The total amount of the sale is the amount the buyer pays, including any Shipping and Handling charges. Sales tax isn’t included in the calculation.

Do I get eBay fees back after refund?

eBay will refund their fees as long as the refund was not part of an item not as described case. … If it is an item not as described case where you agreed immediately to the return and refund then eBay will usually refund their fee since you did not make them decide the case.

Does eBay charge a monthly fee?

The fees we charge for selling an item on eBay mainly depend on what you sell and how much it sells for. If you’re a non-managed payments seller, we’ll send you a monthly invoice, and you can pay by PayPal, credit card, or direct debit. … Some managed payments sellers will still receive a monthly invoice.

How can I reduce my eBay fees?

eBay Fees Too High? Here Are 5 Ways To Lower ThemCalculate fees and profits before listing items. Before you list an item for sale, make sure it’ll be worth the time and effort it takes to sell it. … Reconsider your eBay store subscription type. … Become a top-rated seller. … Request final value fee credits. … Evaluate eBay listing upgrades.

What percentage does eBay take from a sale?

10%Sellers with a basic eBay account pay a 10% final value fee for most items (with a $750 maximum), 12% for books, DVDs, movies, and music (with a $750 maximum), 2% for select business and industrial categories (with a $300 maximum), and 3.5% for musical instruments and gear (with a $350 maximum).

How do I use my final value fee credit?

If you qualify for a final value fee credit, we apply the credit to your account. You can either leave this credit in your account and we apply it toward your future listing fees, or you can request a refund of your eBay credit balance. You can’t use credits to buy items on eBay.”

How do you avoid PayPal fees?

5 Ways to Avoid or Decrease Your PayPal Fees for Receiving MoneyList PayPal fees as a billable expense. … Receive fewer payments. … Request clients pay you as a friend. … List PayPal fees as a business expense. … Choose the right withdrawal method.

Who pays for refund on eBay?

If the item is returned because it’s faulty, not as described, or damaged in the post, the seller has to pay return postage costs. However, if the buyers want to return the item for any other reason within 14 days, they have to pay to send it back (as long as you made this clear in your listing).

Do eBay sellers have to accept returns?

You can choose whether to accept returns if a buyer changes their mind about a purchase. However, if an item arrives damaged, doesn’t match the listing description, or if the buyer receives the wrong item, you’ll generally need to accept the return.

Is it better to offer free shipping on eBay?

Calculated shipping is really the fairest way for the buyer and the most accurate way for both buyer and seller. … eBay charges fees on both the sale price and the shipping cost, so you won’t save any money on eBay’s fees by offering free shipping. Definitely never offer free shipping on large or heavy items.