Yeah it's not just Ebay, it's the whole system. It's way out of hand. Add in the inflation on top of the taxes and fees and we're spinning that hamster wheel basically for food. It's time for us all to pull out- in every way possible. "Thank you sir, may I have another?"
Good on you for telling people the truth about things . the problem is greed.government and corporations are sucking the life out of the people and the country
Thank you very much Richard it removes all my desire try eBay as far as selling I buy quite a bit but I ain't gonna sell when they started putting sales tax on all the stuff that was a bunch of ******** bull pucky too
As a long time seller on EBay I have found that they frame their thieving ways as an “incentive “ rather than punitive. I point to the requirements to print the labels within 24 hours to stay in the top rated category. Many times a buyer is wanting to bid on multiple items ending at different times to combine shipping. This is helpful in to both parties , but EBays algorithm does not allow you to make exceptions to this rule or any others. On top of that, it’s next to impossible to contact any sort of customer service, this is maddening at times.
Have never sold anything on ebay for this reason i know their fee's are high/getting worse, feel bad for seller's like yourself we'r get'n it both way's. Buying is almost as bad these days, like charging sale's tax's on the shipping itself not to mention having to pay sale's tax's on used item's that where taxed when sold new. Double dipping at it's finest gotta love government if we tried that crap they call it extortion, when they do it they call it good fiscal governance what a load.
I should have touched on that as well. I paid sales tax to the sellers home state last week and the winner of my auction paid sales tax to my state this week, ON A USED ITEM. Cars are even worse here in South Carolina. We pay property tax every year for any vehicle we keep on the road. The state sets the taxable value of your vehicle which is usually higher than actual. There is a high milage deduction that they will make a small allowance for, or if it's new enough you can get a letter from that brands dealership saying what they are actually trading for. SMH
The administrative creep is killing everything. Ebay was a thriving marketplace, you could get about anything. Now its a chinese bazzar and you are gonna get ripped off eventually. Amazon is going that route too. Im back to wanting to hold the part in my hand and inspect it before I purchase anything. No way would I sell anything now. Most people are going to throw stuff away instead.
I used to be a seller and a buyer. Now I'm just a buyer for the exact reasons you stated. Selling on eBay just was not worth the effort for me anymore. It turned the private sale into a business venture.
Wow I had no idea their fees were that steep as I've never sold anything there. If nothing else it'll def get me to rethink before I comment about the prices that saws go for over in never-never land... Thanks for sharing Richard! 👍👍
I sold powerheads and parts on eBay for almost 20 years. This last year I’ve slowed way down. It sucks because you used to be able make a ton of money but those days are longggg gone.
I remembered why I stopped selling on eBay and my saw shelf is full these days. i still buy but selling sucks... the good old days are gone on eBay.. maybe everywhere...
It seems like I've been getting payout as soon as I print a shipping label via Ebay. And they are discounting which is nice but you paid for part of that by the fee on your shipping cost. I have several heavy, very expensive items for local pickup only. This presents a problem because you ain't pickin up nothin unless there's money in my bank. After discussing with Ebay, they think its ok to show it pickup up when you're about to meet the pickup person. Another alternative is a cashier's check. And always meet in public places nowadays.
Yeah I used to love to sell on eBay. Now it’s a big rip off. Not to mention shipping prices have increased as well. I like to buy off there too but with the fees going through the roof guess what?? There’s not as good of a selection as there was in the past due to sellers not wanting to get screwed!
Ebay casual seller dodged a bullet this month (April 15th). For professionals, getting a 1099K is not a problem but if you sell any ONE item for $600 or more, you will get a 1099K. It used to be 200 items and $20,000. Where this really sucks is if you are a casual seller like myself, selling items I've owned for a long time for my personal use. An old clock or vase from the family, dad's old chainsaw, collection of tools, etc. For your personal use, you probably didn't save receipts as you would for a business. So now, your items have zero basis and the selling price is pure profit. This is pure bullshit. I recently semi retired and am selling equipment from my own lab that I've had for years. Much of it still gets significant sell prices. Apparently there was enough pushback from Ebay and their lobby efforts, Etsy, Paypal and the public in general and the IRS has pushed this out 1 year. Still sucks, especially to get hit with 15% on top of Ebay's 13%. And, Richard, beware because there is no such thing as "seller does not accept returns". Ebay has been all about buyer protection and will force you to issue a return.
Everything old is new again, buying is good on eBay. Selling is not so good, forums and 3rd party payment services are now relevant again. To be able to sit on an item is something else.
I sold a laptop and after the 126 dollar fees and shipping, I ended up making about 400 on it and it was a 700 dollar laptop. I could of went to a pawnshop and sold it for 450.
I, like you paid sales tax and shipping when I bought it several weeks ago. Ebay is shamelessly charging 13.25% on top of those costs. It has been about two years now that states have been collecting sales tax on internet purchases. The residents of those states see little benefit from this revenue IMHO. The $87 I paid in fees to Ebay is what I was focusing on in this video. I hope it didn't come across any other way. I feel Ebay is entitled to a portion of the proceeds, but this seems a little "tall". It's sad to think how reasonable this transaction would have been without all the fees and taxes on a used piece of equipment.
Big government needs more and more of our hard earned money to keep going. Why people can't see this when they vote is beyond me. Everything isn't FREE someone has to pay.💩 People watching this video get it other parts of society not so much. The 600 dollar thing pisses me off BAD.
Didn't used to be like that. Fees were only on the price of the item AND at a lower percentage. Little bit to Ebay and a little to Paypal and you got a premium price for the item you sold. That was a while ago to be honest. It has slowly crept up and up over the years unfortunately. i forgot to mention Ebay still managed 2.61 billion in revenue last QUARTER. They must be hurting like the rest of us........
As a long time seller on EBay I have found that they frame their thieving ways as an “incentive “ rather than punitive. I point to the requirements to print the labels within 24 hours to stay in the top rated category. Many times a buyer is wanting to bid on multiple items ending at different times to combine shipping. This is helpful in to both parties , but EBays algorithm does not allow you to make exceptions to this rule or any others. On top of that, it’s next to impossible to contact any sort of customer service, this is maddening at times.
@@richardflagg3084 Thank you for sharing your vast experience in a concise way.I have learned more practical knowledge from you than all the others put together.
Yeah it's not just Ebay, it's the whole system. It's way out of hand. Add in the inflation on top of the taxes and fees and we're spinning that hamster wheel basically for food. It's time for us all to pull out- in every way possible. "Thank you sir, may I have another?"
Good on you for telling people the truth about things . the problem is greed.government and corporations are sucking the life out of the people and the country
You have one of the best channels for us regular old school .bothers.you analogies and phrases are second to none
Thanks, I'm just one of y'all.
I stopped selling on eBay a LONG time ago. Fees are ridiculous. Seller is virtually powerless where as the buyer can basically get away with murder.
Absolutely!
Thank you very much Richard it removes all my desire try eBay as far as selling I buy quite a bit but I ain't gonna sell when they started putting sales tax on all the stuff that was a bunch of ******** bull pucky too
As a long time seller on EBay I have found that they frame their thieving ways as an “incentive “ rather than punitive. I point to the requirements to print the labels within 24 hours to stay in the top rated category. Many times a buyer is wanting to bid on multiple items ending at different times to combine shipping. This is helpful in to both parties , but EBays algorithm does not allow you to make exceptions to this rule or any others. On top of that, it’s next to impossible to contact any sort of customer service, this is maddening at times.
Have never sold anything on ebay for this reason i know their fee's are high/getting worse, feel bad for seller's like yourself we'r get'n it both way's. Buying is almost as bad these days, like charging sale's tax's on the shipping itself not to mention having to pay sale's tax's on used item's that where taxed when sold new. Double dipping at it's finest gotta love government if we tried that crap they call it extortion, when they do it they call it good fiscal governance what a load.
I should have touched on that as well. I paid sales tax to the sellers home state last week and the winner of my auction paid sales tax to my state this week, ON A USED ITEM.
Cars are even worse here in South Carolina. We pay property tax every year for any vehicle we keep on the road. The state sets the taxable value of your vehicle which is usually higher than actual. There is a high milage deduction that they will make a small allowance for, or if it's new enough you can get a letter from that brands dealership saying what they are actually trading for. SMH
Rich, more minuses than pluses.
Smaller guy gets squeezed out.
All good points.👍
The administrative creep is killing everything. Ebay was a thriving marketplace, you could get about anything. Now its a chinese bazzar and you are gonna get ripped off eventually. Amazon is going that route too. Im back to wanting to hold the part in my hand and inspect it before I purchase anything. No way would I sell anything now. Most people are going to throw stuff away instead.
Ouch! I liked the hand motion at the beginning.
I used to be a seller and a buyer. Now I'm just a buyer for the exact reasons you stated. Selling on eBay just was not worth the effort for me anymore. It turned the private sale into a business venture.
eBay is all about the buyer. Seems like the seller’s always get screwed.
No returns, no refunds........ just kidding. The seller has no ability to actually enforce that.
@@tylerheard1279 tru dat
I use to sell on Ebay, until the fees kept coming and it seemed that I was losing money, now I just buy from time to time
Wow I had no idea their fees were that steep as I've never sold anything there. If nothing else it'll def get me to rethink before I comment about the prices that saws go for over in never-never land... Thanks for sharing Richard! 👍👍
For tree work almost always ,e bay will have parts or tools before Amazon or anyone else and is fast delivery. Never sold but waz going to. -
I sold powerheads and parts on eBay for almost 20 years. This last year I’ve slowed way down. It sucks because you used to be able make a ton of money but those days are longggg gone.
I remembered why I stopped selling on eBay and my saw shelf is full these days. i still buy but selling sucks... the good old days are gone on eBay.. maybe everywhere...
Sad isn't it.
@@richardflagg3084 corporate America is so sad
@@jessystine2197 Greedy bastards
It seems like I've been getting payout as soon as I print a shipping label via Ebay. And they are discounting which is nice but you paid for part of that by the fee on your shipping cost. I have several heavy, very expensive items for local pickup only. This presents a problem because you ain't pickin up nothin unless there's money in my bank. After discussing with Ebay, they think its ok to show it pickup up when you're about to meet the pickup person. Another alternative is a cashier's check. And always meet in public places nowadays.
I’ll take my stuff to the scrap yard before I’ll sale on eBay. Buying is great but not to sale
This is an excellent video btw
Thanks Matt
It’s ridiculous that you get taxed on the entire sale amount and not profit, I pretty much quit selling on there after the $600 rule.
Yeah I used to love to sell on eBay. Now it’s a big rip off. Not to mention shipping prices have increased as well. I like to buy off there too but with the fees going through the roof guess what?? There’s not as good of a selection as there was in the past due to sellers not wanting to get screwed!
Very true. You definitely don't see the selection you used to. More flea market goods (as far as chainsaws) than good stuff.
Ebay casual seller dodged a bullet this month (April 15th). For professionals, getting a 1099K is not a problem but if you sell any ONE item for $600 or more, you will get a 1099K. It used to be 200 items and $20,000. Where this really sucks is if you are a casual seller like myself, selling items I've owned for a long time for my personal use. An old clock or vase from the family, dad's old chainsaw, collection of tools, etc. For your personal use, you probably didn't save receipts as you would for a business. So now, your items have zero basis and the selling price is pure profit. This is pure bullshit. I recently semi retired and am selling equipment from my own lab that I've had for years. Much of it still gets significant sell prices. Apparently there was enough pushback from Ebay and their lobby efforts, Etsy, Paypal and the public in general and the IRS has pushed this out 1 year. Still sucks, especially to get hit with 15% on top of Ebay's 13%. And, Richard, beware because there is no such thing as "seller does not accept returns". Ebay has been all about buyer protection and will force you to issue a return.
Everything old is new again, buying is good on eBay. Selling is not so good, forums and 3rd party payment services are now relevant again. To be able to sit on an item is something else.
I sold a laptop and after the 126 dollar fees and shipping, I ended up making about 400 on it and it was a 700 dollar laptop. I could of went to a pawnshop and sold it for 450.
There's always someone in your pocket and it totally blows for us average folks
monopoly and uncle sam. gotta love it
And then PayPal gets a cut on that transaction . I don’t eBay anymore. It’s terrible math….
Still a cheap saw I love them 440s Richard. One thing that drives me nuts is your shelf on the lean 🤣👌
That poor thing is holding on by a thread 🤣. I really need to fix it along with a long list of other stuff.
@@richardflagg3084 just stirring you mate really enjoy your content you know your stuff 👍 👌
I miss the good ole days of eBay
Definitely don't see how they can get away with charging for shipping that's definitely not part of profit. :(
Explains why good items like the 32 inch tsumura bar I bought was higher .but came in 3 days .faster then my Amazon prime honestly..thanks
You are right there buddy??
I love your channel, fuck eBay it’s a rip off you’re better off to keep the thing for that kind of money
Tell me how you really feel. 🤣🤣🤣🤣
@@richardflagg3084 i’m looking for a good OEM 660 if you get your hands on one, I would buy it from you with no eBay bullshit
@@nateolmsted899 I'll keep an eye out for one.
Buy time i paid fees and shipping I Lost money
I've sold on ebay for a long time it used to be a good place to sell now its a nightmare
I see a lot more saws being relisted due to nonpayment recently. Glad all four saws I sold went smoothly.
This is interesting the $36.32 outrageous tax was paid by the buyer also and the cost the buyer paid for shipping was $50
I, like you paid sales tax and shipping when I bought it several weeks ago. Ebay is shamelessly charging 13.25% on top of those costs. It has been about two years now that states have been collecting sales tax on internet purchases. The residents of those states see little benefit from this revenue IMHO.
The $87 I paid in fees to Ebay is what I was focusing on in this video. I hope it didn't come across any other way. I feel Ebay is entitled to a portion of the proceeds, but this seems a little "tall". It's sad to think how reasonable this transaction would have been without all the fees and taxes on a used piece of equipment.
@@richardflagg3084 I did understand and totally agree with your point
@@tomcaldon-tf9mw How's it running? Did you have to tune it? I'm around 800ft above sea level.
Haven’t got to the saw yet. To many on the floor in front of yours
Selling on eBay sux, in my experience.
ebay=Ebone
Big government needs more and more of our hard earned money to keep going. Why people can't see this when they vote is beyond me.
Everything isn't FREE someone has to pay.💩 People watching this video get it other parts of society not so much. The 600 dollar thing pisses me off BAD.
If biden wasn't elected, it would still be 20k........
@@nickflopper
Exactly 👍
FeeBay!!
That is definitely BS!
Didn't used to be like that. Fees were only on the price of the item AND at a lower percentage. Little bit to Ebay and a little to Paypal and you got a premium price for the item you sold. That was a while ago to be honest. It has slowly crept up and up over the years unfortunately.
i forgot to mention Ebay still managed 2.61 billion in revenue last QUARTER. They must be hurting like the rest of us........
And $600.00 BS
Thanks Biden and IRS!
No tax increases unless you make 400k…….
Rip off 😡😡😡😡
Eh. You instantly move the stock, youre paying a convenience fee.
As a long time seller on EBay I have found that they frame their thieving ways as an “incentive “ rather than punitive. I point to the requirements to print the labels within 24 hours to stay in the top rated category. Many times a buyer is wanting to bid on multiple items ending at different times to combine shipping. This is helpful in to both parties , but EBays algorithm does not allow you to make exceptions to this rule or any others. On top of that, it’s next to impossible to contact any sort of customer service, this is maddening at times.
Thank you for your insight.
@@richardflagg3084 Thank you for sharing your vast experience in a concise way.I have learned more practical knowledge from you than all the others put together.
Great video again, an eye opener for me… glad you highlighted the issues and compliment you on the very fair presentation of the facts.