Buyer Fee -How it works

[jrob5591]

I’m interested in how buyer fees will actually work.

Reading eBay’s description and looking at what’s happening since yesterday, it looks like:

listing price £1

’buyer fees’ 79p (included in the listing price so no nasty surprises for buyers.)

Seller proceeds 21p!

The nasty surprise has found a home!

Does anyone know this is wrong?

[*vyolla*]

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@jrob5591 wrote:

I’m interested in how buyer fees will actually work.

Reading eBay’s description and looking at what’s happening since yesterday, it looks like:

listing price £1

’buyer fees’ 79p (included in the listing price so no nasty surprises for buyers.)

Seller proceeds 21p!

The nasty surprise has found a home!

Does anyone know this is wrong?

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The buyer pays the Buyer Fee of 75p + 4%, so the sellers proceeds wouldn't be 21p.  They get the price they listed their item at or whatever the final bid price was if an auction style listing.

So, if the seller listed an item for £1 and it sold they'd receive £1. The buyer would pay £1 + 75p + 4%.

[moldosgifts]

So, if the seller listed an item for £1 and it sold they'd receive £1. The buyer would pay £1 + 75p + 4%.

No it 4% plus 75p makes a big difference your way £1.82 the correct way £1.79 But yes seller gets their £1

[*vyolla*]

@moldosgifts Not sure what you mean here.

The buyers fee is 4% of the item price, then there's a standard 75p on top. 

[moldosgifts]

I'll clarify for you 

It is not 75p plus 4%, it is 4 % plus 75p 

You put "The buyer pays the Buyer Fee of 75p + 4%, so the sellers proceeds wouldn't be 21p"

Was pointing out It's the other way around so the maths is different.

[papso22]

If you chose £1 as your listing price, that is not what shows on the listing, which would be £1.79.

In other words you continue to choose the price you want to get, but the buyer sees something different. 

[jma2815]

So to for someone to buy for £1.00, seller would have to list for 21p - assuming there is no 4% applied as it would come out at less than a penny in a total £1 sale. 

At checkout buyer would see 

item price 21p

buyer protection fee 79p 

postage (buyer selected but just to have a realistic figure, £2.70) 

So in my example The £1 sale costs the buyer £3.70 in total, with 21p going to the seller. 

[moldosgifts]

Here is ebays working out the fee 4% then the 75 p

[moldosgifts]

Can be viewed on this policy announcement in the buyer FAQ

The best place to buy and sell | eBay.co.uk

[*vyolla*]

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@moldosgifts wrote:

I'll clarify for you 

It is not 75p plus 4%, it is 4 % plus 75p 

You put "The buyer pays the Buyer Fee of 75p + 4%, so the sellers proceeds wouldn't be 21p"

Was pointing out It's the other way around so the maths is different.

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With respect,  you're splitting hairs for absolutely no reason there.  eBay wouldn't be charging 4% on the 75p, just 4% on the item price. 

[moldosgifts]

The buyer pays the Buyer Fee of 75p + 4%, so the sellers proceeds wouldn't be 21p.  They get the price they listed their item at or whatever the final bid price was if an auction style listing.

So, if the seller listed an item for £1 and it sold they'd receive £1. The buyer would pay £1 + 75p + 4%.

With respect if that is what you meant then why not put it that way , the way you put it to clarify again was the 75p first then the 4% .

Which works out at £1.82  75p+4%

The correct way is £1.79 4%+75p

So you see it make a difference

Hence i corrected you if you take Umbridge with that sorry but get it right first time.

You seem fully aware of the facts just show them the way they are supposed to be.

But i cannot blame you as ebay themselves state it with the 75p + 4% in their description then show it the other way around in the working out.

[*vyolla*]

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@moldosgifts wrote:

The buyer pays the Buyer Fee of 75p + 4%, so the sellers proceeds wouldn't be 21p.  They get the price they listed their item at or whatever the final bid price was if an auction style listing.

So, if the seller listed an item for £1 and it sold they'd receive £1. The buyer would pay £1 + 75p + 4%.

Hence i corrected you if you take Umbridge with that sorry but get it right first time.

You seem fully aware of the facts just show them the way they are supposed to be.

But i cannot blame you as ebay themselves state it with the 75p + 4% in their description then show it the other way around in the working out.

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You really need to work on your social skills. 😀

[moldosgifts]

Fact check