EBay Users Angry Over Fee Change

[Drew]

Irate eBay users are slamming the giant auctioneer's recent fee change, saying it will drive up costs for many of the site's sellers.

Last week, eBay declared that sellers will be able to list up to 100 items every month for free -- as long as those items have a starting bid of 99 cents or lower. But many sellers claim that the change will result ultimately in higher fees to the company as eBay tries to wring more profit out of each sale.

EBay will now take 9% of the final sale price, but no more than $50. Previously, the company had taken 8.75% of the sale price up to $20, and then 3.75% beyond that. As a result, while eBay is accurate in saying that "upfront" costs for sellers are going down, eBay is taking more on the back end, and many users aren't happy about it.

http://www.dailyfinance.com/story/ebay-users-angry-over-fee-change/19340560/

[amisha12]

Is that true.

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