Are you one of the many who are wondering what fees buyers and sellers have to pay for StubHub?
If so, you need not search any further!
With the recent rise in the popularity of live entertainment events, people have started to use StubHub more often to buy tickets to go to these live events.
But before making such a purchase, or a sale, it is important to understand what fees you would have to pay StubHub for making use of their services.
We are here with a detailed guide for you for just that, so read on to find out more.
What are the StubHub Sellers Fees?
If you are selling your tickets on StubHub, you will have to pay a seller fee that can go up to 15% of the selling price of the ticket.
This fee is charged to you when you make a sale on the ticket listing that you have put up on StubHub.
However, putting up the listing for your ticket itself is completely free of charge.
This means that StubHub does not charge you any fees until you finally sell your ticket.
If your ticket is not sold, you do not have to pay StubHub anything.
If your ticket is sold, you will be charged a seller fee that may vary but is often close to 15% of the actual price that you sold the ticket for.
StubHub will automatically deduct this amount from your payment before transferring the money to you.
This means that if you put the price of a ticket for sale at $115 and manage to sell it, StubHub can charge you up to $17.25 as a seller fee.
They will automatically deduct that same amount from your payment before they transfer the money to you.
This means that at the end of the day when you receive the money for the sale, you will receive $97.75, which is 85% of the original selling price for the ticket.
As such, you do not have to worry about paying StubHub the seller fees directly.
However, you should be aware of the amount that StubHub will charge you for the seller fee so that you are not taken by surprise when you receive the sale money.
In fact, when you are setting the price for the tickets while creating your listing, you will be able to see how much StubHub will charge you as seller fees and how much of a payout you will be getting at the end of the day.
You must also stay informed about any penalty fees you might be liable for in case you do not fulfill the terms in their seller policies.
Some of these terms include delivering the ticket on time, fulfilling the sale, and respecting the agreement.
These penalties may require you to pay up to 100% of the entire ticket amount, as well as any additional fees that StubHub may charge you for resolving the issue with the buyer.
What are the StubHub Buyers’ Fees?
When purchasing a ticket on StubHub, buyers pay a fulfillment and service fee that can vary greatly depending on a variety of factors.
These charges can go up to even 30% and higher of the ticket prices, and the buyer will not know how much the extra fees are until the very end.
However, when browsing for tickets, users can enable the inclusion of estimated fees when buying tickets by toggling that setting from the search options column on the left side of the screen.
If this is enabled, buyers will be able to see total ticket prices that are inclusive of the additional fulfillment and service fee.
StubHub states that the amount and percentage of this fee for the buyers will vary over time depending on a variety of factors.
Some of these factors include the price at which the ticket is being sold, the supply and demand of tickets for the event, and how much time there is left until the event itself takes place.
The percentage of this fee can go up to 30% and sometimes more, depending on the above factors.
StubHub states that their ticket prices are competitive with others in the market, which means that other ticket sellers would have similar price ranges.
They also state that these fees are charged to maintain the secure and seamless experience that StubHub’s services provide to its users.
Usually, the prices of tickets, as well as the fees, might rise the closer you get to the actual event date as the supply of tickets may go down while the demand for them increases.
However, it is also possible that the prices of the tickets go down as the event nears as sellers might wish to sell the tickets as soon as possible before the event takes place.
This usually depends on the type of event itself and other information related to the event that may impact the buying behavior of customers.
As such, if you are planning to buy tickets from StubHub for an event, it is always a good move to keep an eye on how many tickets are left and keep in mind the variety of factors when you are planning to purchase tickets.
You will be able to view the exact amount you will have to pay in fees in the final step of checkout before payment, which is when they reveal the price breakdown for the tickets that you are buying.