Selling on Chrono24

mjb

Are you sure about this maximum? Because I was not aware of it, and it stopped me from listing a Rolex there. 10% gets awfully rich on high-priced items.

I did list the Rolex on Chrono24, no listing fee, but when it expired unsold, they wanted me to pay the commission. It took a few emails to get that straightened out, since it did not sell. No chargebacks or nonsense like that, but if you don't pay attention and don't protest, they will ding you.

Dan S

On the site, it says that the fee is 6.5%, up to a maximum of $299. Pretty good compared to eBay, which is 10% and a maximum of $750 (unless you have a store, obviously). Maybe it's worth a try.

mjb

Are you sure about this maximum? Because I was not aware of it, and it stopped me from listing a Rolex there. 10% gets awfully rich on high-priced items.

I did list the Rolex on Chrono24, no listing fee, but when it expired unsold, they wanted me to pay the commission. It took a few emails to get that straightened out, since it did not sell. No chargebacks or nonsense like that, but if you don't pay attention and don't protest, they will ding you.

P pauly

SADLY, outrageous Chrono24 have made a huge change to charges/fees where you can now pay 10 times more in some cases... an increase of over 1,000% in some cases.

For example, if you sold a 50th Anniversary Apollo 11 (GOLD) in August 2019 for $42,000 based on the rules you mention and that existed in August you would pay a maximum of $299 ....... Today however you would pay $2,730 (6.5%) ... THEY ARE A DISGRACE!

mjb

Are you sure about this maximum? Because I was not aware of it, and it stopped me from listing a Rolex there. 10% gets awfully rich on high-priced items.

I did list the Rolex on Chrono24, no listing fee, but when it expired unsold, they wanted me to pay the commission. It took a few emails to get that straightened out, since it did not sell. No chargebacks or nonsense like that, but if you don't pay attention and don't protest, they will ding you.

hick8711

What’s ebay’s max? $750 or so. Plus you always have the 3.5% of total cost to PayPal.

hick8711

3.5% of the mentioned $42,000 plus $750 is $2,220. That’s a difference of $530 or 1.26% if sale price. More expensive, yes. All caps disgrace, maybe not.

P pauly

I thought my message was clearly written to be honest - the FACTS are that the upper limit of eBay fees is £250 irrespective of sale price. For your benefit again I will copy the extract from the ebay website:

"Final value fees
When your item sells, you pay 10% of the final transaction value, including postage. We call this a final value fee. We cap final value fees so you'll never pay more than £250 for a single item."

1. To be honest Im stunned by your use of maths - your calculation is completely wrong but even if it were right you figures show that Chrono24 charges 23% more than ebay!

2. However, as I said your maths and assumptions are incorrect. On £42,000 one would pay £250 to ebay ONLY and NOT £750 as you claim.

3. As for PayPal that is one of many payment options and is NOT obligatory. I think PayPal fees are extortionate at 3.5%.

4. Finally, to be honest I am flabbergasted why you cannot agree that it is DISGRACEFUL AND OUTRAGEOUS that in one day chrono24 can increase their BY OVER 1000% in some cases??? I find that strange - very odd unless you have some affiliation with chrono24 or against Ebay which I am sure could not be the case otherwise you would have disclosed it not doubt...

Do you understand my points or am I missing something.... Thanks

WatchCor

I would politely counterargue that the max 250 fee is only for Enterprise level eBay store subscription. That in itself involves costs.

I do not know how much C24 charges on dealers but we shouldn't compare apples and oranges.

And your all caps usage is somewhat unnecessary imo

P pauly

I thought my message was clearly written to be honest - the FACTS are that the upper limit of eBay fees is £250 irrespective of sale price. For your benefit again I will copy the extract from the ebay website:

"Final value fees
When your item sells, you pay 10% of the final transaction value, including postage. We call this a final value fee. We cap final value fees so you'll never pay more than £250 for a single item."

1. To be honest Im stunned by your use of maths - your calculation is completely wrong but even if it were right you figures show that Chrono24 charges 23% more than ebay!

2. However, as I said your maths and assumptions are incorrect. On £42,000 one would pay £250 to ebay ONLY and NOT £750 as you claim.

3. As for PayPal that is one of many payment options and is NOT obligatory. I think PayPal fees are extortionate at 3.5%.

4. Finally, to be honest I am flabbergasted why you cannot agree that it is DISGRACEFUL AND OUTRAGEOUS that in one day chrono24 can increase their BY OVER 1000% in some cases??? I find that strange - very odd unless you have some affiliation with chrono24 or against Ebay which I am sure could not be the case otherwise you would have disclosed it not doubt...

Do you understand my points or am I missing something.... Thanks

P pauly

When your item sells, you pay 10% of the final transaction value, including postage.

hick8711

eBay UK must be different because US eBay is 10% for watches and jewelry up to $750USD. The math is correct if a buyer uses PayPal. I have never purchased from eBay, nor had someone buy from me, and not used PayPal. If in your example someone sells a $42,000 watch and only pays $299 total then Chrono24 would make less than 1% of the sale value. I am not affiliated with eBay or Chrono24 and use both. Before insulting my math you could explain how it is incorrect because I assure you it is not.

P pauly

Me thinks i need a break from this discussion which at least has hopefully introduced some interesting facts and perspectives......

so far now - YOU WIN - YOU'RE THE BEST 😀 - can we now just get on with our lives 😀