What does it cost to sell my stuff with iSold It?
We charge you nothing to list your item. After your item sells, we deduct our commission plus eBay and payment processing fees. You will get between 60-70% of the selling price! (in contrast, traditional consignment stores usually give the seller only 40-50%.)
Our commission is 33% of the first $500 and 25% of the remaining amount (over $500), with a $5.00 minimum. eBay's listing fees are $0.60 (assumes $19.99 starting bid) plus 5.25% of the first $25, 3.25% of the next $975, and 1.5% of any amount over $1,000. Payment processing fees are $1.05 plus 2.5% of the final selling price. The buyer pays for shipping and handling.
Why shouldn't I sell it myself?
You could...just as you could paint your own house, or draft your own will. But most people know that they'll get a better quality result if they hire an expert with the right tools, training, expertise, and reputation. iSold It became the No. 1 Volume Seller on eBay by being the expert in online consignment sales:
- Our trained researchers can appraise your item while you're in the store, so you know whether your item is likely to sell, and at what price.
- Our professional photographers have the right cameras, lighting, backdrops, settings and editing software to visually showcase your item to its best advantage.
- Our expert copywriters maximize your item's exposure by discovering the best categories in which to list your item and using the key words that are most likely to match a prospective buyer's online search.
- Our customer service representatives promptly answer questions from prospective buyers to ensure that they have the information they need to bid with confidence on your item. They also have the experience to avoid phony bidders and online scams.
- Our shippers carefully pack and ship your item so that it arrives promptly and in good condition, minimizing returns.
- Our national brand and high feedback rating makes buyers more likely to bid on our auctions rather than auctions run by individuals.
In fact, many items we sell end at a value 30-40% higher than comparable items sold by private individuals--completely offsetting our commission and fees! For how long do you list my item for sale on eBay?
Typically, iSold It uses a 7-Day auction to maximize bidding interest. However, we can run auctions as short as one day for items with time constraints, such as tickets for sporting events, concerts, and so on.
Can I watch my auction while it's in progress?
Yes -- that's part of the fun! When we launch your auction, we'll send you an email with a link to your actual auction on eBay, so you can follow the action.
What if my item doesn't sell during the auction period?
If your item doesn't sell, there is NO CHARGE to You! We will absorb all the eBay and processing fee, you will be notified by email and can either pick it up at the store within 10 days, or allow us to donate your item to charity. Can I set a minimum selling price for my auction?
We highly recommend an opening bid of $19.99, although Sellers can set a higher opening bid. However, while minimum opening bids above $19.99 do provide a "safety net" for which an item must sell, they can limit bidding activity. Lower opening bids attract more bidders which means more competition which means higher final selling price! eBay's research shows that auctions that start lower will almost always sell for higher final value!
When can I expect to receive my check?
Typically, you will receive a check about 30 - 45 days from the date you dropped off your item -- depending on how fast the final bidder pays for your item after winning your auction. In addition, occasionally a winning bidder may never pay for your item -- in which case, we will cancel the original auction and re-list your item for free. Your check amount and payment timing will be based on the results of this new auction. But again, we will do all the work -- and you only need to wait for your check! |