PayPal fees are then added to that. My currency is set to sek both on website and on paypal. For US domestic payments, there is a payment processing fee of 3.49% + .49 USD. Flight Club operates under a traditional consignment model. eBay has 3 types of fees: Final Value Fee, Insertion Fee and Listing Upgrade Fee. However, you can also use a third-party shipping site to get the discounted rate, regardless of whether you sell on Ebay or Grailed. Applications are accepted on a rolling basis and can take days to be processed. Our expert moderators ensure all listings posted for sale are 100% authentic. We have come across some oddities which are cause for concern. I've been using Grailed since 2015 but the latest item I've sold, the fees came out to over 25% wtf. Grailed puts your grail within reach. 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. See how it works. Lastly, our offer system allows you to directly negotiate with a seller to work towards an ideal price. This means it is most likely that your fees will be higher when selling on Grailed than on Ebay once you account for shipping. Pros The site claims the increase was to improve the marketplace experience for all users. If you're in China, Hong Kong, Indonesia, Israel, Japan, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, or Vietnam and your item isn't located in the US, the total amount of the sale is always calculated based on the shipping option your buyer chooses. A dialog will open as you type your search terms. So if you take the Sold price - Shipping (Grailed Label) - Grailed Fee - Paypal Fee = $434.09 Your ultimate amount released to your Paypal Account. The 200 Greatest Singers of All Time Pros The only true sneaker marketplace, you can communicate directly with your potential buyer, inducting them into the Grailed community. From StockX to eBay, these online marketplaces will help turn your clothes and kicks (and more) into cash, Got Unworn Kicks and Closet Castoffs? 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. This was a listing from a user with no feedback, selling an expensive sweater from The Elder Statesman, and only using stock photos from the brands own website. 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! Between fees, rolling admission and turn around time, as a new seller you may have missed the boat. Sit back and relax while we do the work. The base exchange rate reflects rates within the wholesale currency markets applicable to the currency pairing on the day of the conversion, or the prior business day. In this situation, the total amount of the sale is determined as follows: Additional final value fees may apply on sales in the following circumstances: Any additional final value fees will be calculated as a percentage of the total amount of the sale. If you love high-end designer men's fashion but thought you couldn't afford it, then Grailed is the place for you. These platforms have invested heavily in expanding their internal authentication teams, citing consumer trust as a valuable asset to cultivate. While Flight Club recommends prices, sellers are allowed to list their own, which means often sneakers are priced above market. Otherwise, we charge a notice fee, whether or not you carry out the sale with the buyer. We have helped over 300,000 people with their problems. 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. PayPal's seller's fee varies and is based on the location of the buyer's billing address. Final value fee (13.25% of $424, + $0.30). the more you sell, the less you pay. The fee was raised from 6% in August. It was raised on August 12th, 2020 from 6%. For listing mainstream brands that are well-known. 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. Post any item for free. That's less than half a percent difference, in favor of Grailed. Those below pay on a sliding scale, with the highest fees reaching 20 percent. Nothing mentioned before payment was made. I agree that Paypal protection can be one sided. Commission and selling fees : For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. Pros By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. For men's athletic shoes, there's no final value fee if the pair sells. It will have seven more mystery drops daily starting on Thursday. When you set your price for an item, it should account for shipping and a 9% commission for Grailed. EBay typically charges around 10% of the items sale value, with variations based on the product sold and the sellers account tier. Okay, we knowwere putting ourselves at the top of the list. I've managed to keep 100% positive feedback, but found myself being forced to bend over backwards for some less than desirable buyers. Youll get paid through PayPal and use the payment platform to print a shipping label. I am also and have no idea why. 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. Currently only use ebay, grailed and poshmark. There are no fees for shopping or buying on Grailed. Cons What are the seller fees? 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 was founded in 1995, and it definitely shows in the user interface. Links to our international fees pages: Australia - opens in new window or tab | United Kingdom - opens in new window or tab | Canada - opens in new window or tab | Germany - opens in new window or tab | Spain - opens in new window or tab | France - opens in new window or tab | Italy - opens in new window or tab | Ireland - opens in new window or tab | Belgium (Dutch) - opens in new window or tab | Belgium (French) - opens in new window or tab | Austria - opens in new window or tab | Switzerland - opens in new window or tab | Netherlands - opens in new window or tab | Poland - opens in new window or tab | Greater China region - opens in new window or tab | All other countries - opens in new window or tab. 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. StockX is less straightforward than competitors. A final value fee is charged when an item is sold where eBay takes 10% of the sold price and shipping charge combined plus Paypal fees. There is not much chance the fee will be waived using any method. No. Grailed is a popular marketplace that is known for menswear! 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. Select the payment method you received based on buyer's location. 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 . When a task is too time-consuming or confusing, the chances are that DoNotPay has a product for that. The amount we charge depends on the item's price, the format and category you choose for your listing, any optional listing upgrades you add, and your seller conduct and performance. Getting paid:Some of the most common payment methods include PayPal, credit or debit cards, and Apple and Google Pay. Unlike other websites, GOAT functions differently as it is predominantly geared towards buyers. At the end of 2019 Ebay eliminated final value fees for items sold for over $100 in the Athletic Shoes category; Yes, that means 0% fee for sneakers that you sell for over $100! And what are the best ways to make sure you get the most money back from your unworn wares? Go to your, If your rate of 'Item not as described' return requests is evaluated in your. The fees and benefits vary depending on the type of Store subscription you choose. Here are a few options to try. 10 people found this solution to be helpful. Getting paid: Youll be notified via email if your item sells, and you can then request a direct deposit payment (which takes three to five business days to process) to your bank account. Commission and fees:Listing fee of 20 cents, five percent transaction fee, payment processing fee of three percent plus 25 cents. Cookie Notice I am scared to list half my inventory because of scammers and eBay's policies. 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. Is it a complete waste of time and resources for them? Grailed takes a commission when your items sell. Thankfully, a few websites cater to both buyers and sellers simultaneously, creating mutually beneficial ecosystems where buyers and sellers happily co-existin some cases, they are in fact one and the same. Appreciate the responses. Here's how you can use DoNotPayto appeal fees: Saving time and money has never been so quick and easy. The move comes as eBay is in the midst of trying to take back its prominence in the world of sneaker resale. We hate to say it, but if youre looking to buy or sell rare or vintage sneakers, theres no better place than Grailed. Commission and selling fees:For sellers listing 200 items or less, eBay does not charge an insertion or listing fee. A bustling thoroughfare of designer goods. In 2019, 6 million pairs of sneakers were sold through eBay, and $10 million worth of sneakers were sold on eBay in 2018, up from $2 million the year before. You are meeting our performance expectations. GOAT focuses exclusively on footwear, predominantly recent drops and noteworthy collaborations. Once you factor in PayPal fees, Grailed becomes a problem. Pros How it works:Sellers list their own items with at least three photos, details, and pricing, and then select categories such as Grailed, Hype, Sartorial, and Core. A comparison of marketplace fees on eBay, Poshmark, Mercari, Etsy, Facebook Marketplace and more. Check out our top picks below. . *2022 Update*As of January 19, 2022, Ebay has reinstated a final value fee for sneakers. Whats great about the resale platform is that it offers real-time pricing data and buyers can see the price history of specific items. 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. Once you actually sell an item, GOAT (like StockX) sends you a prepaid shipping label to send the sneakers to an authentication center. Pros At the end of the day, its a worthless service, and the time and money would be better spent elsewhere. Good for selling: Streetwear and sneakers, celebrity collaborations, and collectibles, Popular brands:A Bathing Ape, Cactus Jack, Fear of God, Supreme. Once rivals in the space, early last year GOAT and consignment shop Flight Club merged into one company. Reddit and its partners use cookies and similar technologies to provide you with a better experience. After you drop off your sneakers, Flight Club handles the rest as you sit back and get paid. Enter the tax percentage you are charged. EDIT: To clarify, I'm only selling new, unused products. The site claims the increase was to improve the marketplace experience for all users. 13.25% if total amount of the sale is less than $150. Amazon, Bonanza, Chairish, Craigslist, Depop, Ebay, Ecrater, Etsy, Facebook, Fiverr, Goat, Grailed, Kijiji, Letgo, Mercari, Newegg, Offerup, Paypal, Poshmark, Rakuten, Rubylane, StockX, Stripe, Tradesy are trademarks of their rightful owners. On top of the fee structure, each sale invokes an additional flat region-dependent tax that ranges from $5-$30. Those below pay on a sliding scale, with the highest fees reaching 20 percent. eBay's selling fees are dependent upon your membership, your store status (subscription), the item, and the payment method, but they might include an insertion fee . 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. Thats why its important to choose the right resale website for selling your clothes and accessories online. 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. The wesite I sold my record from charges 200 sek for that but but Paypal made it 250 sek. For popular sneakers, they almost always have stock. Etsy also offers tools to help sellers manage and promote their online businesses, and Etsy lets you take advantage of shipping discounts. ABOUT EBAY FEES. 9%. But like the others, those interested in buying and selling may find the platform limiting. Thanks in advance. It seems like no matter what the issue is with the transaction, eBay will always side with the buyer. The website offers a traditional retail experience, with worldwide shipping and simple buying mechanics, search functionality and so forth. 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. Thank you so much for joining thePayPal Community, and I'm so sorry that the community was not able to answer your question. For those in the New York area, selling requires almost no overhead and is very straightforward. First 250 listings free per month, then $0.35 per listing, Music (except VinylRecordsand Music NFTs categories), Clothing, Shoes & Accessories > Women > Women's Bags & Handbags, Jewelry & Watches (except Watches, Parts & Accessories), Jewelry & Watches > Watches, Parts & Accessories, Sports Mem, Cards & Fan Shop > Sports Trading Cards > Sport Trading Card NFTs, Toys & Hobbies > Collectible Card Games > CCG NFTs, Musical Instruments & Gear > Guitars & Basses. Related Stories This is a. They usually view the seller as guilty until proven innocent. According to the website, a grail is "the piece you obsess over but cannot ever find or afford." Whatever percentage you'd agreed to when deciding to promote your listing. The 500 Greatest Songs of All Time We'll indicate which listings are subject to additional fees on your Account Summary - opens in new window or tab. 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. For sellers, GOAT is not an ideal website. Grailed mostly only sell luxury. Tax and shipping are tacked on after a purchase, and the store ships to most countries, though at a cost. 37 19 19 comments Best Add a Comment In an attempt to explain the increase, Grailed stated that they have been spending a lot of money on authenticating items, and that they will be investing further in improving the site for sellers. Ebay has been charging a 10% fee for quite a while, and Paypal charges 2.9% + 30 cents per transaction = 12.9% + 30 cents. 9%. 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. Cons Is the partner fee basically the eBay fees when an item sells? 2013. 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.
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