The fees for selling a vehicle on eBay Motors are different from the fees for selling items in other categories. I agree that Paypal protection can be one sided. Go to your, If your rate of 'Item not as described' return requests is evaluated in your. We want to hear it. If so, should I still have to worry about paying my eBay seller fees? Popular brands:Nike, Louis Vuitton, Visvim, Levis, Raf Simons, Good for selling:Luxury menswear, streetwear, and sneakers. For each time a transaction is made grailed takes a 9% commission of the sold price plus Paypal fees. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. EDIT: To clarify, I'm only selling new, unused products. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Consensus: While convenient from a buyers perspective, like other consigners the steep 20 percent fee structure and lack of seller tools make Stadium Goods less than ideal. Many prospective online sellers tend to consider StockX vs. eBay, two of the most popular online resale sites. GOAT is an online only sneaker site that sells both new and lightly used sneakers. Given our current sneaker climate and demand far outweighing supply, the converse is true as well. Do you have an eBay Store or want to sell vehicles? The online marketplace exclusively for high-end men's designer clothes is Grailed. GOAT is significantly more complex for sellers than other platforms. See how it works. How it works: Sellers are responsible for all listing details, including descriptions and photographs. After being the original spot that both collectors and flippers turned to to buy and sell coveted sneakers, eBay became just one of many in the space after platforms like GOAT, StockX and Grailed entered the market. Does Grailed charge a payment processing fee? The $0.30 per order is not charged. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Pay, shop, and do even more on the PayPal app. What is Grailed's commission fee used for? Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. When Vestiaire Collectives new CEO Max Bittner came on board in November last year, one of the first things he did to grow the seller audience was lower selling fees by an average of 10% across all categories. Here are a few options to try. With the ability to buy both new and used sneakers, Grailed has the best prices anywhere. You can receive your payment through bank transfer, which takes one to five business days; or by debit card, which can take a few hours or up to one to three business days. Prices can be slightly higher than other platforms (a result of the high fee structure) and the catalogue gears predominantly towards new collaborations, hyped releases and ultra-expensive grails. The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. Grailed Fees Anyone else flabbergasted at Grailed's fees now? 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. How it works:Prospective sellers need to fill out an application through GOATs app. TheGrailed authentication pagedetails what is considers a high-risk item and this certainly meets the criteria. The main reason users are so upset is because they feel like there was no warning. Currently only use ebay, grailed and poshmark. The platform uses PayPal to process payments, so you will have to pay a PayPal seller's feeas well. If you are hoping to fight or waive fees on Grailed, you may want to sign the petition. Its even worse considering that they certainly must know that this service doesnt provide any real value and is probably only being provided as a marketing tool and a way for them to justify charging sellers more money. These Anti-Fatigue Mats Will Cushion and Support Your Feet, Another (Celine) Portrait: See Bob Dylan in Fashion Brand's Latest 'Performer' Series, The Best Wireless Range Extenders to Use (and How They Work), Outdoor Buds: These Fully Waterproof Workout Earbuds Are Just $30, The National Stay Up Late to Perform 'Tropic Morning News' on Fallon, David Lindley, Multi-Instrumentalist Who Shaped the Sound of Soft Rock, Dead at 78, Suki Waterhouse Won't Take Romance for Granted on New Single 'To Love', Travis Barker Says His Finger Ligament Surgery Was a 'Success' After Postponing Blink-182 Tour. As of now, Stadium Goods does not allow consignors to drop off streetwear, despite the fact it sells it. . Grailed fee: $3.03 ($1.80 Grailed commission + $1.23 payment processing fee) You make: $16.97 . Cons Fortunately, selling fees on Grailed are slightly lower than many other large selling sites such as eBay. Create an account to follow your favorite communities and start taking part in conversations. Additionally, authentication fees and duties (if you're an international shopper) can potentially add a significant price bump to any purchase. 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. Sold an item for 220 bucks - they charged tax (automatically not something I asked for) and the partner fee was 50 bucks. If your registered address is in the US, we charge an International fee if either: This fee is calculated as 1.65% of the total amount of the sale and is automatically deducted from your sales. You can add up to 24 photos with zoom and enlarge, as well as schedule your listings to start and end at a future date and time, free of charge. Enter the total amount sold before fees & excluding shipping charges. We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. With a big marketing push, StockX has established itself as setting the market rate for many of the most hyped sneakers. They usually view the seller as guilty until proven innocent. If there is a good reason for the request, you may be able to get a refund. Tip grailed is easier to use for the most part and fees are either on par or lower. The Total paid into my PayPal account was $17.16 as shown. For buyers, there are no fees for using the platform. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 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. till you get on grailedyou just wait. For sellers, GOAT is not an ideal website. Maybe. Keep reading to find out how you can save time and money using DoNotPay, and check out these articles from the Fight and Waive Fees product series. But heres the kicker; Ebay offers discounted shipping labels. While this is a huge disappointment, there is no additional Paypal fee, so the 8% fee is about 3% less than the fee youll pay for selling on Grailed. We have helped over 300,000 people with their problems. The total amount of the sale is $10,070 (includes 6% sales tax). For those looking to sell, you can either sign up on the Flight Club website and ship your sneakers to either the LA or NYC location, or choose to drop off the sneakers in store if you're local. The partner fee is the fee you're charged for "promoting" your listing on eBay. Grailed's 9% + 2.9% and 30 cent Paypal fee equates to 11.9% + 30 cents. If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Between raffles, bots and surprise drop dates, managing to score the sneakers you actually want is more difficult than ever. In the table below, you'll find the basic fees for items listed in most categories and the number of zero insertion fee listings you'll get each month. Pros The site claims the increase was to improve the marketplace experience for all users. Privacy Policy. 13.25% if total amount of the sale is less than $150. It will have seven more mystery drops daily starting on Thursday. While we are adding product categories everyday, the majority of products are spread across multiple listings rather than all located under one landing page. Browse the most sought after Ebay clothing including Short Sleeve T-Shirts, Light Jackets, Hats, & more. So it is still worth using Grailed? Press J to jump to the feed. For comparison, StockX brought in about $700 million last year, though that includes its other categories, which make up a smaller portion of the companys total revenue. Consensus: Theres a reason Grailed has such an incredible user retention rate. plus any PayPal fees. For listing highly anticipated new releases. just sit. For men's athletic shoes, there's no final value fee if the pair sells. When the item sells on eBay.de, eBay will calculate your payout amount by converting the sales proceeds from EUR to USD using the transaction exchange rate applicable at the time of the sale. Stadium Goods is a similar experience to many other platforms, offering a wide array of sneakers varying in cost due to size and demand. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. Grailed takes a commission when your items sell. 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. On eBay, top sneaker stores like Stadium Goods are always open to a global audience across every time zone, so you can check out their eBay store to browse and buy the latest must-haves.. All Rights Reserved. Grailed additionally allows you to sell used sneakers as well, unlike competitors who only allow brand new ("deadstock") sneakers on site. The total amount of the sale includes the item price, any handling charges, the shipping service the buyer selects, sales tax, and any other applicable fees. Unfortunate. If you have already completed the transaction, you can contact customer service and request the fee be refunded. Would of chosen another payment method had I known I would get charged two fees. The products work across all products and services in every city and state. According to eBay, I was also charge the final value fees as well I feel like BH Im being charged twice. That said, some sites work better than others. For our community of sneakerheads, eliminating selling fees allows them to turn their sneakers into more cash to fund future purchases, and results in a more robust sneaker inventory for shoppers everywhere, said Jeff Chan, head of mens footwear and apparel at eBay. It was raised on August 12th, 2020 from 6%. For sellers, Grailed feeshave gone up to 9%. The fees and benefits vary depending on the type of Store subscription you choose. 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 . Pros Grailed takes a commission when your items sell. eBay's transaction exchange rate is composed of a base exchange rate plus a conversion charge. 37 19 19 comments Best Add a Comment Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. My currency is set to sek both on website and on paypal. EBay said that, while it does not authenticate sneakers, there are a variety of ways to report fakes found on the site. To attract the attention of more buyers, you add the Bold listing upgrade. So how do we know who this partner is? There are no fees for shopping or buying on Grailed. Partner fees are seller fees assessed by the website an item is sold from and are not part of the fees for using our services to receive money. Keep in mind that all these still depend on the subscription model of the seller. 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. Given our industry low fee structure, sneakers are legitimately cheaper on Grailed. Learn more about how zero insertion fee listings work, including the terms and exclusions for those listings. Free for listings in the Art, Antiques, Collectibles, and Pottery & Glass categories, An insertion fee is always charged for the second category, and fees for any optional listing upgrades apply again. Getting paid:Once your sold item is successfully verified by StockXs authentication staff, you can get paid in as soon as 30 minutes if you choose PayPal as your preferred payment method or in a few hours if you choose Venmo. After the center verifies the item, your funds are released and are available as Credits. In order to cash out, an additional 2.9 percent fee is applied, meaning in order for you funds to hit you bank or PayPal account theres a minimum 12.4 percent fee plus an additional $5 minimum charge. A listing upgrade fee is charged with any additional upgrades to your listing, such as extra categories or bolded titles. Flight Club only deals in new sneakers. For Sneakers over $100 in value, the fee is 8%. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one. Getting paid:Once your item sells, youll receive payment through PayPal. Pick out what category is your Ebay store. For select categories, eBay also allows online escrow services, checks, money orders, and bank-to-bank transfers. help me please as this does not seem right. Many Grailed users are very upset about the fee increase and want to know how to fight or waive the fee. For anyone not in the New York area, Stadium Goods requires you to set up a seller profile and communicate online with its internal sales team, creating a bar to entry. Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. You can now import hundreds of your sold listings in a heartbeat with all the fees & profits without having to do a thing! But how exactly do you sell clothing online? Consensus: From a buyers perspective, GOAT is great. In order to sell, a user must fill out a sell form by finding the product and listing it on the website. Upgrades you have selected for your listing. Pros A partner fee is different from the PayPal fee for using our services to receive payments and will usually say in the transaction details. Sneakers are a key area for growth for eBay. Commission and selling fees: Three percent processing fee plus a transaction fee of eight to nine-and-a-half percent, depending on the items final sale price. Donating your closet castoffs is one option, but you can also try to get a decent return on your sartorial investment by selling your unworn or gently-used merch online. How can i find who is taking this money out of my account. Gallery Plus You make $343.17, or approximately 86% of the sale price, not including shipping costs. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. Thats why its important to choose the right resale website for selling your clothes and accessories online. If your item sells, youll receive a pre-paid shipping label and your item will be authenticated before its shipped to the seller. When Vestiaire Collectives new CEO Max Bittner came on board in November last year, one of the first things he did to grow the seller audience was, Competing on selling fees is also important since eBay does not compete with other resellers on authentication. Good for selling:Vintage and new clothing, sneakers, collectibles, music memorabilia, Popular brands:Jordan, Yeezy, Nike, Adidas, New Balance. Once the item sells, the user ships it to an authentication center, or drops it off at one of only a handful physical locations. What are the seller fees? The fee was raised from 6% in August. Grailed commission fees Post any item for free. You're selling a trading card for $9,500 with free shipping. Unfortunately not all sellers are as reliable as others, and it can be difficult to communicate with a seller once you have purchased a listing. If there is a way to save time and money, the chances are good that DoNotPay has a product that can handle things for you. 1, 3, 5, 7, or 10-day listing (1 and 3-day auction-style listings cost an additional $1). There is not much chance the fee will be waived using any method. Pros Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. If you use the Classified Ad format, scheduling a listing will cost $0.10. I guess I was hoping to hear that "real" people work at Grailed and wouldn't just spit out the same generic responses while blindly siding with the buyer but it seems that dealing with scammers is a more common issue. The seller has subsequently added some real photos, but the listing was posted and remained authenticated for two weeks while it only had the stock photos. Grailed mostly only sell luxury. Grailedhas recently faced some backlash from users after raising their fee / commission to 9%. The fee is around 2.9% domestic and around 4.4% international. 20% difference. Pros eBays listings allow sellers to specify multiple categories, item specifics, condition, and many other details. Pros Find high-quality men's and women's streetwear & designer pieces from the brands you love at Grailed, the community marketplace for men's and women's clothing . Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal. Fee amounts are based on the terms in effect when the listing goes live and when it renews. It's a pretty common practice for most selling services because it allows them to deduct their fee with each item sold instead of a separate billing. Our commission fee ensures that we can maintain a curated marketplace as well as develop new tools and features for both buying and selling on Grailed. Real Estate listings can be auction-style, fixed price, or in the Classified Ad format. When the petition has gained enough attention, the platform may reevaluate the fee. I says to find it in orders/ebay and it's not there, not hing i can find and any questions regarding this Partner fee directs me to this answer. That said, if you maintain a high seller score, deal predominantly in new sneakersthough GOAT does allow used pairs as wellthen you can potentially make money. Its terribly misleading to potential buyers and a real shame if the cost of this service contributed to them deciding to increase their fee. Graileds digital moderators authenticate all items before they hit the marketplace, and the platform will also notify sellers if potential buyers ask questions or submit offers on items. At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. You select a starting price of $199, with a Buy It Now price of $400, and you offer free shipping. All Rights Reserved. Sneaker resellers have more options than ever and between consignment shops and marketplaces, there are countless ways to flip sneakers. Grailed is an online fasion marketplace focused on vintage, high-end, and popular street brands such as, Champion, Nike or Gucci. To list an item, there are 13 required fields, and at least 20 more optional ones. Most categories, including Music > Vinyl Records and eBay Motors > Parts & Accessories, Automotive Tools & Supplies, and Safety & Security Accessories. Good for selling: New, unused good condition sneakers, Popular brands:Adidas, Jordan, Nike, Yeezy. Select Clothing, Shoes & Accessories categories: Free if starting price is $150 or more* - See: Notes for Basic fees. By looking at our internal data, we believed this to be the optimal number to entice more sellers, knowing they will be able to sell at a faster rate while continuing to make a profit, and also offer buyers the pieces they desire at an attractive price, Bittner said, noting that sales of lower-priced items nearly tripled after the change was enacted. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. While technically one entity, each still operates independently and are seemingly autonomous. The site offers almost zero protection and all fraud cases are first worked through PayPal. This is a. The 500 Greatest Songs of All Time When a seller sells something on Grailed, our fee is deducted within the transaction itself and then Grailed's 6% partner fee is deducted separately. Grailed offers the lowest fees of any platform around at just nine percent (plus Paypal fees). Ebay also still has a much bigger user base. Beyond the most recent drops, vintage models such as 1985 Air Jordan 1s or early 2000s Nike SB Dunkssneakers competitors either do not have or simply cannot sourceregularly appear on the platform. So, if you, Charged for the original listing and each time you choose to relist your item, Charged per listing if you create duplicate auction-style listings for identical items. I am also and have no idea why. 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. https://www.finalfees.com is neither endorsed by nor affiliated with any with them, nor is the accuracy of its results guaranteed. Grailed puts your grail within reach. no need to bend over backwards when you loose out on your item and money. Home cleaning often comes with the realization that youve amassed way too much stuff including in your wardrobe. 10 people found this solution to be helpful. Grailed is the preeminent marketplace for mens fashion and streetwearobviously, that includes sneakers. As the authoritative mens clothing marketplace, we know a thing or two about buying and selling, and we ranked the best places across the web to buy and sell sneakersincluding ourselves of course! Were going to breakdown whether that fee is reasonable, or whether youre better off selling onEbayorStockX. Sneakers are having a moment and are a top enthusiast category on the marketplace: on average, a pair of shoes is purchased on eBay every 1.5 seconds, Chan said. However, with the new update, items sold after March 1, 2022, are now 12.9% + $0.30 for every order on most categories. All Rights reserved. Grailed is a true marketplace, meaning we dont offer a traditional SKU systembut we do have SKUs for a massive amount of in-demand sneakers, with more added regularly! Flight Club is a true retailer, and since all product is onsite in either a store or a warehouse, turnaround times are quick. The company is currently approving sneaker sellers on a rolling basis and a limited number of apparel and accessory sellers. If youre approved, youll use GOATs app to search for your item, enter its condition and price, and upload photos. In both cases, you're eligible for Paypal protection, which is what you seem to have an issue with. - See: Notes for Good Til Cancelled listings, Fees for selling a vehicle on eBay Motors, fee page for your country or region of residence, Commercial, Residential, and Other Real Estate, Auction-style listings 1, 3, 5, 7 and 10-day duration, Fixed price listings Good 'Til Cancelled. After your request is reviewed and approved, you can ship your item directly to Stadium Goods or drop it off at the companys Market Centers in Chicago and New York for inspection and verification. The conversion charge is a fixed percentage applied to the base exchange rate and retained by eBay. Here is a listing we came across when it was first listed. PayPal collected their fee .80 and pulled the $1.16 to pay the sales tax. the more you sell, the less you pay. For that reason, there are other better alternatives. If you need to refund the buyer or cancel the sale, you may be eligible for fee credits as per our fee credits policy.
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