Reverb Selling fees and PROCESSING fees now?

  • Thread starter Thread starter bhuard75
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bhuard75

bhuard75

Techdeath’s Resident Asshole Student
Reverb is nailing people for 5% selling fees as well as a processing fees now? Definitely nuking that account now. Fuck them.
 
It’s official. eBay is cheaper to sell now.
 
Funny how a hint of success turns a company on itself these days. Closed my acct back when it first started to smell last year. I never closed my Ebay acct but they suck too. The stank from Reverb was just overwhelming, same inbreeding.
 
Ugh.

Does eBay only charge 5% on guitars, or do amps fall under musical instruments, too?
 
Ironically when they take the fun out of the model it eventually shuts down. I'm sure Ebay has lost tons of business since they fucked up they're original model. Reverb seemed to have cloned it well until last year and it looks like they're on the road down too.
 
i never use reverb anymore. not even to browse. never any good prices anymore anyway. everyone plays the "offer" game with inflated listing prices.
 
They only allow Reverb payments now which includes Paypal. You don't pay Paypal fees directly. They probably worked out a deal with Paypal for less processing fees. They charge you the full fees out of your Earnings.

This is the processing fee. It's not an extra fee. You would be paying Paypal anyway. I am sure they are making a couple of points this way. Ebay and Paypal are about the same in cost.
 
Sucks because I had built up my seller feedback on Reverb since most of my buying and selling is guitar stuff.

On the other hand, have not had any luck selling anything on RT or TGP while Reverb comes through almost every time. I was also impressed how they handled things for both ends when there was a small shipping damage issue with a combo that I sold through them last year. So it is piece of mind for a buyer, but sales taxes might not be worth it in a lot of circumstances.
 
I’m working as hard as possible on an alternative (which is why I haven’t posted much or played guitar much lately). I was hoping to have it ready before Thanksgiving but I’m not sure if we’ll make that. It’s still in development, but if anyone wants a preview to check it out, provide feedback, etc... just PM me.

On the fees, there’s always 2 parts: the money processing fee and then whatever the site charges as their fee. On the money processing fee, I’ll be using Stripe ( https://stripe.com/ ) which is a 3rd party processing service and the fee they charge is directly to them, I would not see the credit cards, or anything like that and the fee is a straight pass through. Then it would be 3.5% buy/sell (paid by the seller) and 2% for trading (paid by the buyer making the trade Offer).

I wanted to have a site that encourages trading or trade-ins (+/- cash) and by my calculations a 2% fee would be just around breakeven for running the site and all services that I’ll be paying (hosting, development, support, etc...).
 
stratjacket":5z9ja9ur said:
I’m working as hard as possible on an alternative (which is why I haven’t posted much or played guitar much lately). I was hoping to have it ready before Thanksgiving but I’m not sure if we’ll make that. It’s still in development, but if anyone wants a preview to check it out, provide feedback, etc... just PM me.

On the fees, there’s always 2 parts: the money processing fee and then whatever the site charges as their fee. On the money processing fee, I’ll be using Stripe which is a 3rd party processing service and the fee they charge is directly to them, I would not see the credit cards, or anything like that and the fee is a straight pass through. Then it would be 3.5% buy/sell (paid by the seller) and 2% for trading (paid by the buyer making the trade Offer).

I wanted to have a site that encourages trading or trade-ins (+/- cash) and by my calculations a 2% fee would be just around breakeven for running the site and all services that I’ll be paying (hosting, development, support, etc...).
Click to expand...

I was wondering if you were still going with that. I actually signed up already :lol: :LOL:
 
I used to love Reverb but the fees and taxes are just killing it. Between the fees for sellers and the taxes for buyers, people either aren't listing or jacking up prices. This is partly why used gear has gone up lately. It is almost better to have the buyer bill you through Paypal, or you as the buyer do that, and only have to pay the Paypal fees. That way you at least have some protection with Paypal and avoid taxes and Reverb fees.
 
See socialists taxes and fees ruin everything dummies.
 
exo-metal":d2a13kbo said:
See socialists taxes and fees ruin everything dummies.
Click to expand...
LOL, 'socialist'.... pretty sure this is pure capitalism at work. Reverb isn't government-owned.

Oh well. :bash:
 
Speeddemon":9lhrwkn4 said:
exo-metal":9lhrwkn4 said:
See socialists taxes and fees ruin everything dummies.
Click to expand...
LOL, 'socialist'.... pretty sure this is pure capitalism at work. Reverb isn't government-owned.

Oh well. :bash:
Click to expand...


I'd say the "taxes" are socialist and the "fees" are capitalist
 
stratjacket said:
I’m working as hard as possible on an alternative (which is why I haven’t posted much or played guitar much lately). I was hoping to have it ready before Thanksgiving but I’m not sure if we’ll make that. It’s still in development, but if anyone wants a preview to check it out, provide feedback, etc... just PM me.

On the fees, there’s always 2 parts: the money processing fee and then whatever the site charges as their fee. On the money processing fee, I’ll be using Stripe ( https://stripe.com/ ) which is a 3rd party processing service and the fee they charge is directly to them, I would not see the credit cards, or anything like that and the fee is a straight pass through. Then it would be 3.5% buy/sell (paid by the seller) and 2% for trading (paid by the buyer making the trade Offer).

I wanted to have a site that encourages trading or trade-ins (+/- cash) and by my calculations a 2% fee would be just around breakeven for running the site and all services that I’ll be paying (hosting, development, support, etc...).
Click to expand...
Hi, I'm interested in this alternative, if it's available. Please let me know how I can support it. I'm an OG user from reverb.com who has been blacklisted for calling out their shortcomings. Total chumps.

Thanks!
 
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