EBay Informative - Outrageous fees
This is more of a rant then anything but here it goes. As most of you know who sell on Ebay you get charged an insertion fee, and various other fees on eBay. I sold a brand new ipod nano the other day using the buy it now feature for $110 bucks. The buyer thanked me, and said I gave him a really good deal on it cool.
Now I knew I was going to get hit by the fees, but didn't know the extent because I sell on eBay maybe once or twice a year if I have anything worth selling. So buyer paid me immediately using Paypal (an eBay owned company which is mandatory to use as payment) I see that Paypal deducted $3 dollars from that $110 before the money even transferred that's fine not to big of a hit.
Ebay also charges a finale value fee for when your item sells its a Wopping 9 percent. I went to look how much of a cut they took and it was $10 bucks they charge 9 percent for a finale value fee. To me that is pretty excessive since you do most of the work. With all that said and done eBay took $13.00 from my $110 leaving me with $97 bucks ridicules.