How much does the MB market charge?
For no-reserve auctions and returning sellers we charge $49. For first time sellers with a reserve, the fee is $89. There are no other fees or charges associated with selling on The MB Market. Without a store subscription, most sellers pay around 13. That’s about $13. This can be reduced if you pay for an eBay store subscription or if you sell within certain categories with lower fees.
Is the auction fee refundable?
The highest bid at the end of the auction is the winning bidder, as long as the property’s reserve price is met. When an auction ends, the winning bidder must pay a non-refundable ‘reservation fee’. There may be other fees to pay too – read on for more on these. This reservation fee is on top of the agreed sale price. The answer is that they charge fees – commission – to the seller and to the buyer. All you as the buyer need to do is know what those auction fees are and then take those charges into account when you decide how much to bid. The auction fees to buyers are typically added on to the hammer price.Commission: Auctioneers often charge a commission, representing a percentage of the auction’s gross sales. A 10% to 15% commission is typical for this profession. Depending on the deal, they may also receive bonuses .