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Old 02-28-2013, 10:29 PM   #1 (permalink)
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Default Need some advice on what to charge

Hey guys,

I recently started taking items from people to put on my eBay account and will be charging commission.

The things is, I'm not sure what to charge them.

I just sold a $3,000 purse as well as some phones,

What do you think is a fair commission price for me to charge?

5% 10% 15% ?
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Old 03-01-2013, 12:19 AM   #2 (permalink)
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Family - Free
Close Friends - Low Flat Fee
Friends - 10%
Semi-Friends - 20%
Strangers - 25%
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Old 03-01-2013, 07:53 AM   #3 (permalink)
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first... make sure you are taking fees (paypal and eBay)
if selling things on commission is going to cause you to be taxed... charge them tax.

on top of that, for your take i would expect 10%... 15% if they want cash back and not a check.
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Old 03-01-2013, 07:59 AM   #4 (permalink)
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My card store owner who is not very computer savy was offering me 40% (I paid the fees) for stuff he needed me to list. Just make sure you don't cut yourself short.
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Old 03-01-2013, 07:59 AM   #5 (permalink)
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Close family - Free (sold my sons cards for college money and I paid all fees!! Come to think of it...I'm still helping him through college!!)

Make it clear that they have to pay the shipping, eBay and paypal fees. I agree with VW, 10% and 15% for cash, that covers your time and supplies.
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Old 03-01-2013, 10:36 AM   #6 (permalink)
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10% off the top for you
Less paypal, ebay and shipping fees
Net to them.

Also as you are the seller you should wait a minimum of 45 days to pay them because of Ebay/Paypal (90 days if you want to be sure)

All this should be up front.

NO WAY I would sell a $3K purse. seller claims it's a knockoff and sends you back a knockoff any you are out 3K and the purse
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Old 03-01-2013, 11:44 AM   #7 (permalink)
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DONT forget taxes!!!!! If you sell anything at a profit it "should" be turned in. and wont be long till it all has to be reported.
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Old 03-01-2013, 12:19 PM   #8 (permalink)
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I don't think you will stay in business long if your margin is more than 10%. Your clients will find others who can beat your costs if you charge much more than 10%.
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Old 03-01-2013, 09:05 PM   #9 (permalink)
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Thanks to everyone who responded I appreciate it!
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