Sounds like a real estate business. No inventory and all service.
Last house I sold I did it myself and saved the 6 % they charge.
I guess they raised the fee to 10 % as the PayPal has a credit card that
gives 2 % back. Up to about a year ago I had two credit cards. My credit
union that I quit using and one from Chase that gives a precentage back.
Now I have 3 or 4 more. Differant ones give back a differant percentage
depending on what I buy and also some gave $ 30 to $ 50 back just for
taking out the cards and using them. I always pay off the cards and am old
enought not to worry about my credit rating. Probably the only thing I will
buy on credit and take a while to pay off will be a car or something else
that is high dollar and has either zero or a very low interist.
On Tuesday, March 31, 2015 at 11:44:13 AM UTC-4, Ralph Mowery wrote:
At least with the real estate agent, they typically do have some
actual personal involvement in getting the listing, helping figure
out a selling price, taking pics, advertising, doing open houses,
taking phone calls, answering questions, drawing up a sales agreement,
Real estate can go either way. The better agents invest their time and
their money in advertising. Some will get you a better price than you
can do on your own. Buyers want that 6% discount from the FSBO too.
Some agents will also try to get you to sell at any price. 6% of a
low-ball is better than 6% of nothing.
The real estate commission is not fixed by law at 6%. Most brokers are
willing to take a lower commission except on very low priced properties.
You just have to shop around and ask for it. This is especially the case
on higher priced properties.
In my area, where a 50 year old 2000 square foot tract home sells for $2
million, very few people pay "full commission." 6% would mean $120,000
commission (split four ways). This would be considered insane. 4% is
more common. On luxury homes, which can cost three to ten times as much,
the commission is even lower.
That said, you probably don't get as much for your house when you sell
it yourself versus using an agent.
Aw, let them make some money. There are enough folks doing eBay
professionally and using it as their store front. You wanna sell
widgets worldwide? What's it gonna cost you?
Want to open a store in town and sell them? It'll damn sure cost you
more than the 10% eBay is snagging.
Wanna accept credit cards? Wait until you go for a merchant account.
Drive a hard bargain and maybe you'll get by with $25/mo merchant fee
plus 2.5% per transaction if you have some volume. eBay? no merchant
fee, 3%(?) per transaction? Great deal for the little guy and not bad
for the big guy either.
Wanna play with a real puzzle? Who's making money on Craigslist.org and
how? I mean beside the legit folks selling their goods and, of course,
Ebay owns Paypal. Therefore when you buy my ebay advertised goods and
pay me $100, Ebay skims 3% or whatever off the transaction, just the
same as a "normal" card issuer does. It's a direct hit to the seller,
indirect (in the form of higher cost, shipping (or wherever the seller
chooses to recoup it)) cost to you.
I think we have to remember that whatever PayPal/Ebay is "making" off
those credit card transactions, they - as sort of the escrow agent - are
also paying a fee to the credit card issuer.
If I pay you with my American Express card via PayPal, Pay Pal is going
to pay something (1½% or 2%) to American Express and then they, in turn,
are going to withhold their fee of 3% (?) from what they pay you. Thus
they are clearing only 1% to 1½% on the transaction.
They should not have to eat that any more than you should have to spend
the time packaging my purchase and shipping it off to me without being
On Wednesday, April 1, 2015 at 8:10:15 AM UTC-4, Unquestionably Confused wr
That's true if you pay with a credit card. I have paypal linked
to a transaction from my checking account. Not sure that incurs Paypal
anything, anymore than paying your water bill with a check does.
And I'll bet with the volume of transactions PP is doing,
they get a better/lower rate on credit card transactions than your
local hardware store.
I suspect that you're correct on all counts. Their volume drives their
costs down and increases profits. That's what makes the business world
go around. As for the bank transfers, the costs to them are minimal and
that's why they set the bank transfer as the default. Just try and
change that in your PayPal setup<g>
On Wednesday, April 1, 2015 at 9:34:44 AM UTC-4, bob haller wrote:
Actually Ebay does include shipping charges in the final value price
of the item when calculating their cut. I think years ago they might
not have done that, but they sure do now. So, if you have something
that's heavy, you get screwed again. I just shipped two CV front axles
out, that was $48. Had nothing to do with Ebay, but it's an example of
where if they were sold on Ebay, I'd be paying an additional $4.80 fee.
Using PayPal to pay for eBay purchases generally seems to be very
"buyer friendly": When a buyer logs a complaint about an item
purchased via BIN or as part of an auction, the money he has paid gets
frozen in the seller's PayPal account, i.e. the seller can't withdraw
the money from there or send it on to other PayPal accounts, until the
issue is resolved.
In general, it seems that eBay / PayPal will set a certain timeframe
within which the buyer and seller are supposed to communicate with
each other in order to resolve the issue. During that time, the seller
can send the whole price or a part of the price that has been paid
back to the buyer. If the buyer then closes the case, the (remaining)
amount will be un-frozen in the sellers PayPal account.
If the two parties don't reach an agreement within the timeframe set
by eBay / PayPal, I guess that eBay / PayPal would review the
situration and decide what to do, which might mean "forcibly" taking
the money that has been paid and transferring it back to the buyer.
However, this has never happend to me (I'm mostly active as a seller),
so I'm not sure about how exactly this works and what happens.
Be it as it may, I'd say that using PayPal to pay for your eBay
purchases is generally a sane choice from the point of view of a
On 3/30/2015 8:58 PM, firstname.lastname@example.org wrote:
You bookmark it? You're doing it the hard way, dude. This is what the
watch list is designed for. When you're interested in an item on ebay,
add it to your watch list so you can monitor it. You can add other
listings for the same item by other sellers to the list, which makes
it simple to compare prices/shipping. It's also a good way to monitor
price changes by certain sellers.
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