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Fees for setting a reserve
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09-12-2017 10:28 AM
Does anyone know if it’s right that e bay are charging me for setting a reserve despite the fact that the item didn’t sell. Having checked their policy I cant see that it’s clear. Thanks.
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09-12-2017
10:38 AM
Yes, there is a 4% reserve price fee, which has to be paid whether or not the item sells.
If your item didn't sell because it didn't reach your reserve price, that's exactly why you paid for it!
Basically, you were asking eBay to forfeit their normal 10% selling fee if it didn't reach the price you wanted, in return for which you would pay them a fee of 4% of your reserve price.
Reserve prices are expensive, and buyers don't like them. It's usually better just to start the auction at the lowest price you would be willing to accept.
You can find full details of eBay's fees here, including a list of listing upgrades and what they cost: http://sellercentre.ebay.co.uk/private/what-fees-youll-pay
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