I am also and have no idea why. Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. no need to bend over backwards when you loose out on your item and money. For comparison, StockX brought in about, EBay isnt alone in lowering selling fees as a way to bring in more customers, though it is among the only ones to completely forego selling fees for one category. The delivery address for the item (entered by the buyer during checkout) is outside the US, The buyer's registered address is outside the US (regardless of the delivery address for the item), If you use supplemental services, such as buying and printing, Sellers may be invoiced for fees under certain circumstances, The fees on this page apply to listings on eBay.com. Getting paid:Etsys secure payment system allows sellers to accept credit and debit cards, Apple Pay, Etsy gift cards, Google Wallet, and PayPal. For those in the New York area, selling requires almost no overhead and is very straightforward. If you compare them, you are sure to find one that has a more agreeable seller's fee. Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series. Listing items is not for the faint of heart. . Our expert moderators ensure all listings posted for sale are 100% authentic. These platforms have, expanding their internal authentication teams, PFW Briefing: Lanvin digs into archives for partnership with beauty brand Carita, Week in Review: Milan Fashion Week edition, JCPenney kicks off Prabal Gurung collab with a Meatpacking District pop-up, Glossy Pop Newsletter: The Bold Glamour filter and just how far fake beauty can go, Este Lauder Companies Fabrizio Freda ranks second on Overpaid CEOs list. Deduction on ebay fee for outstanding seller levels and performance. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. Commission rate. What separates eBay from other sellers is our strong partnerships with other brands. There are a lot of optionsthough primarily newer releases and ultra-expensive grailsand buying is very straightforward, tax is even included! When a seller sells something on Grailed, our fee is deducted within the transaction itselfand then Grailed's 6% partner fee is deducted separately. This means that a seller could easily use photos of a legit item but ship you a fake. Sneakers are a key area for growth for eBay. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. eBay offers competitive selling fees. Sellers who have a lot of brand new inventory are in luck, however anyone with lightly used goods cannot sell at all, and the additional transaction fees mean that checkout price is often considerably higher than advertised. They usually view the seller as guilty until proven innocent. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. Payments are deposited directly into your bank account. Pros Check out our top picks below. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. At StockX, we only accept deadstock products meaning all sneakers, apparel, accessories, collectibles, and electronics must be authentic, new, and unworn., As a general rule, the resale values of coveted deadstock items that trade on StockX tend to appreciate over time, Cutler continues. When the petition has gained enough attention, the platform may reevaluate the fee. It will have seven more mystery drops daily starting on Thursday. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. eBay was founded in 1995, and it definitely shows in the user interface. You are meeting our performance expectations. Pros The $0.30 per order is not charged, 13.25% if total amount of the sale is less than $150, Building Materials & Supplies > Modular & Pre-Fabricated Buildings, No bids meet your reserve price, if you added one, Your item is listed in the Classified Ad format, $1.50 Classified Ads and Real Estate listings, If your account doesn't meet our minimum seller performance standards for the US in the evaluation on the 20th of the month, you'll be charged an additional 6% on the final value fees applicable to sales in the following calendar month. Thanks in advance. Submit your case! (Read our review about how to buy/sell sneakers on eBay here). StockX fees operate on a sliding scale but range from 9.5 percent to 8 percent plus credit card fees depending on the users seller leveli.e. Please keep in mind that not all optional listing upgrades are available with every listing tool and not all optional listing upgrades may be displayed across all our sites, services, applications, and tools. GRAILED COMMISSION FEE 9% The Grailed Commission fee is applicable to domestic and international transactions. Enter the tax percentage you are charged. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. An avenue for Grailed users to ask each other questions, offer tips for buying and selling, share steals, discuss favorite purchases, and build the community. You can use the Classified Ad format in the following categories: You can also use Classified Ads for selling Real Estate, but the fees are different see below for more information. How it works: Sellers are responsible for all listing details, including descriptions and photographs. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. Here is a listing we came across when it was first listed. If you are found responsible for a disputed amount as per eBay policies (e.g., chargeback), we charge a $20.00 dispute fee, excluding sales tax, for each dispute. There are no fees for shopping or buying on Grailed. If exchange rates are set by law or regulation, the base exchange rate reflects the government reference rates. As Flight Club is a true consignor, you are only paid once your sneakers sell. I sold an item on eBay. In order to sell, a user must fill out a sell form by finding the product and listing it on the website. As previously mentioned it is predominantly geared towards buyers and with a sliding fee scale that maxes out at nearly 20 percent, the website eats into your profit margin. Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). We have helped over 300,000 people with their problems. While the fees are a terrible deal for sellers, the lack of protection is bad for victims of fraud. Something went wrong. As such, we included them separately. Whatever percentage you'd agreed to when deciding to promote your listing. Date founded. Competing on selling fees is also important since eBay does not compete with other resellers on authentication. If your items are relisted automatically, you'll be charged insertion and optional listing upgrade fees each time your item is relisted. The amount you pay depends on the listing package you choose Basic, Premium, or Plus. Fees correlate directly with your seller score, with the lowest possible fees (9.5 percent) awarded to sellers with a score of 90 or above. . Cons This is a. Seller fees. StockX only allows brand new merchandise, meaning anyone with once-worn or slightly used sneakers is out of luck. There are a number of options to purchase, including a buy now feature or an ask, a binding contract akin to Grailed's "offer" system. eBay is an online marketplace where users buy and sell products. For listing high-quality goods that are coveted. Thanks in advance. If you offer or reference your contact information or ask a buyer for their contact information in the context of buying or selling outside of eBay, you'll be charged a final value fee based on the total amount of the sale even if your item doesn't sell. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Commission and fees:GOATs commission fees range from 9.5 percent to 25 percent, plus a seller fee between $5 to $30, depending on your location and address. just wish they would launch more features for sellers rather than spending all their funding on curation stuff 4 joeharrisbeard 2 yr. ago Doesn't poshmark have ridiculous fees? The majority of products on our marketplace trade for more than their retail price, and the size of their price premium that is, the difference between resale and retail price tends to be a good measure of demand. They do not make it clear what percentage of items are reviewed by humans, or how they determine which items to tag Digitally Authenticated, but they do claim every item is reviewed. Read This Pros Top Tips Before You Sell Your Merch, Dont Sweat These Shades: These Are the Best Sunglasses for Running and Sports, The Best Grateful Dead Merch for Deadheads and Collectors Alike, Hoodies Are Much More Than Loungewear Here Are Ten Examples to Prove It, View all posts by Danielle Directo-Meston, Looking to Start Boxing After Watching 'Creed III'? Hm. just sit. The difference here compared to the Grailed method of breaking down the fees is that Paypal rolls the sales tax that the buyer pays here into your total amount, making it look like you actually sold . Note: If your account isn't meeting our minimum seller performance standards and you're rated Very High in your rate of 'Item not as described' return requests, you'll only be charged the additional final value fee for not meeting our minimum seller performance standards. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Fees are different for Store subscribers and for selling vehicles. PayPal fees are then added to that. As such, it is important that collectors and sellers maintain products in deadstock condition so that theyre able to realize these long-term value gains., If youre reselling hypebeast-beloved streetwear and athletic brands such as Supreme, Jordan, and Yeezy as well as in-demand collaborations with musicians like Travis Scott and Justin Bieber, Cutler says that inventory will typically see high demand and will appreciate over time. I was wondering if Grailed has a similar side with the buyer no matter what policy or if they actually value their sellers. Post any item for free. Between fees, prices, the ability to purchase slightly worn shoes for well below their going rate, no other site compares. It's absolutely terrible for the seller. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. So how does this 9% fee stack up? Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 .