Anthony Posted November 29, 2009 Report Share Posted November 29, 2009 Success fees Up to $150 6.9% of sale price (50c minimum) $150 - $1500 $10.35 + 4.5% of sale price over $150 Over $1500 $71.10 + 1.9% of sale price over $1500 (max fee = $149) Dicuss... What are your thoughts on how much they are charging? I understand they have a business to run but its ridiculous on how much they are charging... Discuss please.... Quote Link to comment Share on other sites More sharing options...
fishybiz Posted November 29, 2009 Report Share Posted November 29, 2009 They have a lot of staff to pay there. The office is really full. Quote Link to comment Share on other sites More sharing options...
ryanjury Posted November 29, 2009 Report Share Posted November 29, 2009 I think the fees are high, but they probably do have alot of staff and all sorts of other costs plus the aim of business is to make money, they pretty much have a monopoly on online auctions so why not charge through the teeth for it Quote Link to comment Share on other sites More sharing options...
livingart Posted November 29, 2009 Report Share Posted November 29, 2009 increased fees will probably allow some other players to move into the same marketplace Quote Link to comment Share on other sites More sharing options...
Anthony Posted November 29, 2009 Author Report Share Posted November 29, 2009 yehh has there benefits like having such a big customer base Quote Link to comment Share on other sites More sharing options...
Mel Posted November 29, 2009 Report Share Posted November 29, 2009 All I can say is that - they make a packet out of me each week. But what else is there, that's even in there league? Quote Link to comment Share on other sites More sharing options...
Anthony Posted November 29, 2009 Author Report Share Posted November 29, 2009 what about sella completely free.... Quote Link to comment Share on other sites More sharing options...
ryanjury Posted November 29, 2009 Report Share Posted November 29, 2009 what about sella completely free.... Completely free but noone goes on there to buy anything so why bother Quote Link to comment Share on other sites More sharing options...
suphew Posted November 29, 2009 Report Share Posted November 29, 2009 Compare how much estate agents make for the little they do. And they make you pay separately for the only thing that directly costs them, the advertising. Quote Link to comment Share on other sites More sharing options...
phoenix44 Posted November 29, 2009 Report Share Posted November 29, 2009 Those charges are huge! But in saying that I do not know what their costs would be - having said that Fairfax is one of my favourite stocks - huge growth in price possibly coincides with increasing fees. Quote Link to comment Share on other sites More sharing options...
smidey Posted November 29, 2009 Report Share Posted November 29, 2009 160 million is alot to get back once you've spent it. Quote Link to comment Share on other sites More sharing options...
alanmin4304 Posted November 29, 2009 Report Share Posted November 29, 2009 I am happy to pay those fees---beats standing on the corner wearing a sandwich board. It is an easy way to reach a very large audience so has to be worth something. Quote Link to comment Share on other sites More sharing options...
Ira Posted November 29, 2009 Report Share Posted November 29, 2009 Huh...Last time I sold something on Trademe I think it was still a flat $.50 or something. Quote Link to comment Share on other sites More sharing options...
A-town... Posted November 29, 2009 Report Share Posted November 29, 2009 does anyone reguarly use ebay? what are there fees? Quote Link to comment Share on other sites More sharing options...
Morcs Posted November 29, 2009 Report Share Posted November 29, 2009 Ebay needs to take off in NZ. Trademe is another of example of NZ trying to reinvent the wheel. Quote Link to comment Share on other sites More sharing options...
Morcs Posted November 29, 2009 Report Share Posted November 29, 2009 does anyone reguarly use ebay? what are there fees? Beat me to it bro. I use ebay heaps. But thats for buying... havent sold anything on there in ages and I CBB with international shipping as not many kiwis use it... but I just checked: First 5 items per month have no listing fees - only pay when they sell. Insertion fees range upto $4.00 + $ for extra features. Success fees: (US$) $0.01 - $25 - 8.75% $25 - $1000 - 8.75% of the initial $25.00, plus 3.50% of the remaining closing value balance ($25.01 to $1,000.00) Over $1000 - 8.75% of the initial $25.00, plus 3.50% of the initial $25.01 - $1,000.00 plus 1.50% of the remaining closing value balance ($1,000.01 - closing value) Quote Link to comment Share on other sites More sharing options...
trace&steve Posted November 29, 2009 Report Share Posted November 29, 2009 well i think the fee's are abit rank actually it cost us to list things then they take sucess fee's to!!!! then as soon as your accounts in dept they send an email saying please credit your account :roll: but then again it is a good place to sell and buy!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Ira Posted November 29, 2009 Report Share Posted November 29, 2009 Beat me to it bro. I use ebay heaps. But thats for buying... havent sold anything on there in ages and I CBB with international shipping as not many kiwis use it... but I just checked: First 5 items per month have no listing fees - only pay when they sell. Insertion fees range upto $4.00 + $ for extra features. Success fees: (US$) $0.01 - $25 - 8.75% $25 - $1000 - 8.75% of the initial $25.00, plus 3.50% of the remaining closing value balance ($25.01 to $1,000.00) Over $1000 - 8.75% of the initial $25.00, plus 3.50% of the initial $25.01 - $1,000.00 plus 1.50% of the remaining closing value balance ($1,000.01 - closing value) haha, So it's more than trademe it looks like. Quote Link to comment Share on other sites More sharing options...
Morcs Posted November 29, 2009 Report Share Posted November 29, 2009 well i think the fee's are abit rank actually it cost us to list things then they take sucess fee's to!!!! then as soon as your accounts in dept they send an email saying please credit your account :roll: but then again it is a good place to sell and buy!!!!!!!!! Thats where ebay has it sussed quite a bit - its possible to contact sellers direct if you know how, so even if they are done out of a success fee, theyve still got their insertion fee. Also being able to purchase brand new items from abroad rather than paying ridiculous prices here is an advantage - and paypal is an excellent service. Quote Link to comment Share on other sites More sharing options...
Ira Posted November 29, 2009 Report Share Posted November 29, 2009 Thats where ebay has it sussed quite a bit - its possible to contact sellers direct if you know how, so even if they are done out of a success fee, theyve still got their insertion fee. Also being able to purchase brand new items from abroad rather than paying ridiculous prices here is an advantage - and paypal is an excellent service. I've found, at least in what I look at, that a lot of the trademe "businesses" just buy from overseas websites, tack on a big profit margin and resell stuff here. Might as well just go straight to the source. Quote Link to comment Share on other sites More sharing options...
fish_fingers Posted November 30, 2009 Report Share Posted November 30, 2009 haha, So it's more than trademe it looks like. From my experiecne with Ebay the "success fees" are also determined by the feedback e.g. if you poor feedback you pay more. Not sure how that works but I'm sure there is some reasoning to it? Quote Link to comment Share on other sites More sharing options...
Insect Direct Posted November 30, 2009 Report Share Posted November 30, 2009 just another tax. more earnings = more tax...thats life Quote Link to comment Share on other sites More sharing options...
Aquila Posted December 1, 2009 Report Share Posted December 1, 2009 Compare how much estate agents make for the little they do. And they make you pay separately for the only thing that directly costs them, the advertising. Sometimes real estate agents get lucky and do little to sell the house, and other times it takes months and heaps of money that goes into advertising. So it averages out. Quote Link to comment Share on other sites More sharing options...
Heir Posted December 1, 2009 Report Share Posted December 1, 2009 I am happy to pay those fees---beats standing on the corner wearing a sandwich board. It is an easy way to reach a very large audience so has to be worth something. Agree completely, try taking your goods to an Auction House or somewhere and see how much they charge you. My friend took some jewellery she had to sell into a Jewellers, she had one piece valued at $7500 and they said "yeah, we'll buy it, give you $1400" ummm yeah, I expect you have mark up... but come on! She signed up to TradeMe and said who cares if it costs $149 to sell! She'd still get way more for the items on there than anywhere else! Quote Link to comment Share on other sites More sharing options...
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