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Want-it-Now

eBay makes it’s money by charging a fee to sellers who list their items. As a buyer, all you have to pay for is the item itself plus any postage or insurance that may be required.

In basic terms, the insertion fees that eBay charge are related on a sliding scale to the starting or reserve price which a seller sets.

When an item has been sold, there is an additional charge related to the actual selling price of the item, which is again based on a sliding scale, this time as a percentage of the final price. This is known as the Final Value Fee.

There are also specific fee structures for listing cars (at present £6.00 per listing) and for sellers, a charge is made for using PayPal.

For UK residents, eBay’s quoted fees will include 17.5% VAT.

Take a look at eBay’s help page entitled Fees, which gives full details. You can get to the main site through the link here.

There are also a number of “add-on” features you can use on eBay and each of these has a fee associated with it:-

• If you want to place a reserve (the price below which you will not sell) on your item listing there is a Reserve Fee which is refunded if your item sells.

• You can upgrade your listing by adding highlighting, making it a featured item within its category, or even displayed on the eBay Home Page – for a fee.

• Using a standard picture for your item is included in the standard listing fee, but if you want to use gallery pictures or eBay’s Picture Services for hosting and managing your picture, there will be an additional charge.

• If you are a high volume seller, the eBay tools - Selling Manager and Selling Manager Pro - offer a host of facilities to help speed up listing, inventory, sales analysis etc – for a fee.

If your account has a balance of £1.00 or more, eBay will require payment in full every month. The company has some quite strict rules about non-payment and is entitled to suspend a non-paying member’s account.

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