Interesting development indeed !
Apart from occasional % off selling fees promotions, private vintage watch sellers have paid well north of 10% eBay fees for watch sales.
Ebay went to 'free' / no fees on clothing etc (to obliterate competition) a few months back.... but now it is everything, except Motors.
It's max 300 items per month and only private sellers. They had a big push to drive high volume/high value private sellers to Business Accounts last 2 months - we know why now!
God only knows how the hefty authentication admin costs of watches over £1500 will be covered if eBay not earning commission (maybe that will be a new sellers charge in future!?) but it's a result for sellers me thinks ;-)
Ps on downside their fast daily payout schedules is also scrapped, to like it was in the past..... where you had to request payment to your bank account and c 5 days timescale is thus now back.
PPS this is domestic sales - a (lowish) 3% fee is applied if sold abroad.
statistics: Posted by TuRo — 10 minutes ago — Replies 0 — Views 6