Table of Contents
There is a 5% selling fee for every item sold on Reverb. There are no fees for creating a new listing or removing a listing if it has not sold. This fee is assessed off of the total sale amount (including shipping).
What fee does Reverb charge?
For all sales on the site, Reverb charges a selling fee of 5% of the total sale amount (including shipping) after your item has sold. The minimum fee is $0.50 and the maximum fee is $500.
Is Reverb a good place to sell?
It’s completely secure. Reverb is a safe and secure website to sell your instruments and gear, and Reverb Protection keeps you covered if anything happens with your order.
What payments does Reverb take?
Payment methods accepted via Reverb Payments: Visa. Mastercard. American Express. Discover Card (currently US only) Apple Pay. Android Pay. Google Pay. PayPal.
How easy is it to sell on Reverb?
Reverb’s Pricing is Simple and Straightforward Listing your gear for sale is free and easy. When your instrument sells, we deduct selling and transaction fees from the final selling price, and you keep the rest.
Does Reverb take commission?
Selling fees for Reverb.com are 5% of the total value of the transaction, including shipping. You pay only when your item sells and the buyer’s money is in your hand. Your fee is based on the total selling price, inclusive of all costs. You pay only 5% of the total price, with a $0.50 minimum and a $500 maximum fee.
How much of a percentage does eBay take?
Short version: eBay takes a percentage of almost all sales, ranging from 1.5% to 15%. eBay’s final value fees are often the largest single cost for sellers. They’re taken as a percentage of the amount actually charged to the customer. That includes the item price, the shipping cost, and any sales tax.
Is eBay or Reverb better?
In my opinion, Reverb is the clear winner. As much as I love eBay (I’ve used it since I was a teen to buy and sell all sorts of things), when it comes to listing music gear, Reverb is a better choice.
Can I trust Reverb?
The answer is yes, Reverb is a great, trustworthy place to buy from. Thanks to a great customer service led by musicians, excellent protection policies for both the buyer and the seller, and a very accessible interface, Reverb can potentially be the best site to buy/sell music gear.
How long does it take to get paid by Reverb?
Once your payout is initiated by Reverb, it can take 1-3 business days to appear in your bank account. Please note: If a payout is approved on a weekend or holiday, the payout should be sent to your bank account on the next business day.
Can Reverb take money out of my account?
We cannot bill negative balances to PayPal accounts or to bank accounts. Any Payout Reverb Balance on your account will also be used first to go against any negative balances on your Reverb account. You will be refunded Reverb’s 5% selling fee for refunds issued in full.
Can you still use affirm if you make an offer on Reverb?
Absolutely! We have partnered with Affirm to give you a simple way to make that special purchase with no hidden fees.
Why is my payout pending on Reverb?
If your payment shows as processing on your Purchases page for a recent order, it is most likely due to one of the following: You are a new buyer and Reverb is almost done finalizing your phone verification. This can take 24-72 hours. You submitted payment via a PayPal eCheck.
How fast do guitars sell on Reverb?
The time that elapses between listing a piece of gear on Reverb and when that piece of gear sells is, on average, three weeks.
What is a preferred seller on Reverb?
Reverb’s Preferred Seller Program allows sellers to participate in exclusive benefits and access special tools to help grow their Reverb Shop’s business.
Can individuals sell on Reverb?
The site allows anyone, from large dealers and manufacturers to small shop owners and individuals, to create free listings for musical instruments and other related equipment.
Who pays sales tax on Reverb?
If you are set up with Reverb Payments, you are not being charged for these taxes as a seller. Depending on your buyer’s shipping destination (or your location in a local pickup transaction), the buyer is responsible for paying the automatically calculated tax amount during checkout.
Who pays for shipping on Reverb?
If the item you purchased arrived damaged or not as described, and you reported the issues to the seller or Reverb within 7 days of delivery, the seller would be responsible for the return shipping costs.
How much are PayPal fees for seller?
PayPal’s basic fee is 2.9% plus $0.30 USD per sale. This rate is the foundation of all PayPal seller fees that PayPal charges from within the US for nearly all transactions.What Percentage Does PayPal Take? PayPal Transaction PayPal Percentage Sales within the US 2.9% plus $0.30 USD per transaction.
Does eBay always take 10 %?
eBay will take 10% of the sale price of any item you successfully sell, including postage, and you’ll pay extra if your buyer pays via PayPal, so be sure to factor this in. See our eBay Selling Tricks guide for more tips.
What percentage does eBay take from a sale 2021?
If you have a Store subscription and eBay manages your payments Basic, Premium, Anchor, and Enterprise Store subscribers Most Business & Industrial categories, except: 11.7% on total amount of the sale up to $2,500 calculated per item 2.35% on the portion of the sale over $2,500.
How much percent does Etsy take?
Once an item sells, there is a 5% transaction fee on the sale price (including the shipping price you set). If you accept payments through Etsy Payments, we also collect a 3% + $0.25 payment processing fee when an item is sold.
