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New to ebay - HELP!
kerrywebsta
Posts: 4 Newbie
Hi,
I have been using ebay for a while now but only from a buying perspective. After reading a thread on MSE :money: about how to turn your clutter into cash I thought I would give it a go and have very recently registered as a seller... this is where I need help!!
I understand that ebay charge for listings over 99p but if you have a listing for 0-99p but want to charge for postage would they then collect a listing cost??
I have also used Paypal as the payment method choice. When (or maybe I should say IF!) I sell an item, will the buyers payment go into my Paypal account and tot up in there until I want to transfer it into my bank account or will it happen automatically? And following on from this, when ebay collects charges will it come straight out of my bank or set off against any monies in my Paypal account.
I hope I have explained the things whirling around in my head properly!
Many thanks!
KW
I have been using ebay for a while now but only from a buying perspective. After reading a thread on MSE :money: about how to turn your clutter into cash I thought I would give it a go and have very recently registered as a seller... this is where I need help!!
I understand that ebay charge for listings over 99p but if you have a listing for 0-99p but want to charge for postage would they then collect a listing cost??
I have also used Paypal as the payment method choice. When (or maybe I should say IF!) I sell an item, will the buyers payment go into my Paypal account and tot up in there until I want to transfer it into my bank account or will it happen automatically? And following on from this, when ebay collects charges will it come straight out of my bank or set off against any monies in my Paypal account.
I hope I have explained the things whirling around in my head properly!
Many thanks!
KW
0
Comments
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kerrywebsta wrote: »Hi,
I have been using ebay for a while now but only from a buying perspective. After reading a thread on MSE :money: about how to turn your clutter into cash I thought I would give it a go and have very recently registered as a seller... this is where I need help!!
I understand that ebay charge for listings over 99p but if you have a listing for 0-99p but want to charge for postage would they then collect a listing cost??
No. Postage doesn't count. 99p start is fine for a free listing fee.kerrywebsta wrote: »
I have also used Paypal as the payment method choice. When (or maybe I should say IF!) I sell an item, will the buyers payment go into my Paypal account and tot up in there until I want to transfer it into my bank account or will it happen automatically? And following on from this, when ebay collects charges will it come straight out of my bank or set off against any monies in my Paypal account.
KW
Yes, It will stay there until you request the money (or spend it on eBay
).
EBay invoice PayPal with your fees once a month. PayPal will take the requested amount from your PayPal balance first (if you have one). Your bank second.0 -
Hiya, the paypal thingy is easy enough.... if there is any left after your spending, (from personal experience) the money still in there can be transferred back to your linked bank account at no cost. It will take a few days to get back there but is easy enough, i think its under the "withdraw funds" section.
Happy ebaying!0 -
some tips for new sellers here:
https://forums.moneysavingexpert.com/discussion/1623183
Important postage thread here:
https://forums.moneysavingexpert.com/discussion/3146680I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0 -
ebay do not charge fees on P&P....take advantage of free listing days...usually on weekends. Ebay will will either email you or keep checking in the ebay announcements section on your ebay page under purchase history and sell section on the left hand side.
On these days you will not be charged fees on auction style listings even if your starting price is £99. you will be charged for other things like extra pics and second category....so always check the conditions.
if your listing is free then ebay will only charge you a fee based on the final value of the item you sold. if it's unsold then they don't charge anything.
money in paypal can be used to pay for other ebay items or some independent sellers now use paypal. if you get a larger amount collecting in there and want to transfer to your bank account then you will have to do this yourself...paypal won't do it.
Ebay will send you an invoice every few weeks if you sell regularly leting you know how much they will remove. my ebay fees come straight from my bank account rather than paypal. Not sure what i did but i think i requested they do that years ago.
please bare in mind if any refunds are made they will come from your paypal, if theres not enough there then paypal will use your bank account.
HTH:)0
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