![]() ![]() Again, the final sale value includes shipping in this case. PayPal charges a fee of 2.9% of the total sale value + a charge of $0.30. If you accept payment via PayPal (which is likely the case when selling on eBay), PayPal will also need to take its cut for processing the payment. Note, these are only the fees from the two sites themselves (Reverb and eBay). However, this is still a bit of a fail since this only applies to guitars and basses and not the entire selection of music gear that one could list (like keyboards, recording gear, microphones, etc.) They likely created this to compete with Reverb. Having trouble selling your gear on Reverb? Then check out this FREE PDF, “5 Tips to Sell Your Gear on Reverb Fast”. The exception here is when you list gear in the Musical Instruments & Gear>Guitars & Basses category. Now, in most cases, eBay’s final value fee is 10% of the total sale amount (again, that includes shipping). I doubt that is the case for most of you but it’s something to be aware of. But, if you list more than 50 items a month, then you will need to pay insertion fees. Most of the time, listing your items is free. Basically, eBay has a mix of insertion fees (listing fees) and final value fees depending on what type of product you’re listing. A look at their Sellers Fees page will give you a headache and they make it difficult to find an exact answer. So if you sell something really expensive like a $15,000 guitar (anything over $10,000), the final fee would be $350 (instead of $525 which would have been 3.5% of the sale).ĮBay, on the other hand, has a much more complicated fee structure. However, Reverb does cap its fees off at $350. So if you sell something for $85 + $15 shipping (a total value of $100). Simply, Reverb charges a 3.5 % of your total sale amount (this includes shipping). Of course, you want to get the most back from your sale. If you choose to list your item in a different currency than you receive your Reverb Payments payout, a 2.5% currency conversion fee will be assessed on the subtotal of your payout, after your regular payment processing fees.This is really one of the top questions when selling your gear.PayPal charges up to 4.4% for international transactions.Transactions within the European Economic Area (EEA) are considered domestic and will not incur a cross-border fee.International transactions may incur an additional 1% cross-border processing fee: ![]() You can always check the Earnings page in your Reverb account for a breakdown of exactly what was withheld from each of your payouts and why.Īdditional Reverb Shipping Labels are always billed to your statement. If for some reason these fees cannot be deducted from your payout, they are added to your month-end statement. With Reverb Payments, the above fees are all deducted directly from the payout, eliminating month-end charges and streamlining your billing process. Regardless of the buyer's payment method used to purchase, all Reverb orders will incur this payment processing fee.įor both Reverb Payments and PayPal orders the payment processing fee is calculated on the full order amount (including the tax amount), as this payment processing service is needed to complete the entire online transaction. *If your sale exceeds one of the maximum sale amounts listed above, the maximum fee charged will remain the same. ![]() This fee is assessed off of the total sale amount (including shipping). ![]() There are no fees for creating a new listing or removing a listing if it has not sold. There is a 5% selling fee for every item sold on Reverb. There are two main fees associated with every Reverb transaction:Īdditional fees may include Bump Fees, Reverb Shipping Label Fees, or cross border fees. ![]()
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