Are you also wondering how much Ticketmaster charges you to sell and resell your ticket on their platform?
Ticketmaster is a popular ticketing website that sells tickets for a variety of live entertainment events such as concerts, theater performances, and sports matches.
The platform also allows users to sell and resell their own tickets.
Due to this, many are now wondering how much Ticketmaster charges its users to sell and resell their tickets on the platform.
If you are one of them, there is no need to look any further as we are here with a detailed breakdown of how much Ticketmaster may charge you for selling or reselling your tickets.
How Much Does Ticketmaster Charge to Sell Tickets?
Ticketmaster charges service fees when the tickets are sold, which can range from 10 to 15 percent of the asking price.
In addition to that, you will be charged for any additional optional services that you decide to opt-in for.
When you create a listing for a ticket on Ticketmaster, you can set this up for free.
This means that Ticketmaster does not charge you anything for putting up a listing on their platform.
However, the charges are made once the ticket has been sold to a Buyer.
Ticketmaster states that while creating a listing on their platform is completely free, they charge a certain amount of the total selling price as part of their service fee.
This service fee can range from 10 to 15 percent of the price that you put up the ticket for.
The actual amount that you will be charged depends on a variety of factors related to the ticket, such as the type of ticket, what event it is for, the services provided by Ticketmaster to fulfill the sale, and even the supply and demand of tickets for the event as time goes on.
Furthermore, Ticketmaster may charge you for optional services such as priority placement in search results or ticket insurance.
However, as these services are optional, you are not required to pay these specific fees unless you opt for those services.
The compulsory service fees that you will be charged after the sale of the ticket will be shown to you in detail when you are creating a listing for the ticket and determining the price for which you want to sell them.
Once the tickets are sold, you will be paid for the sale after the event has taken place.
When you get the payment, Ticketmaster will have deducted the amount for service fees from the total sale price.
This means that if you put up a listing, put the price of the ticket as $100, and the service fee charge was 10 percent, Ticketmaster will deduct $10 from the sale, and you will receive a total of $90 for the ticket.
If you opted in for any additional services, Ticketmaster will let you know how to pay for those when you are creating the listing.
How Much Does Ticketmaster Charge to Resell Tickets?
If you are reselling tickets on Ticketmaster, whether it was bought on Ticketmaster itself or a third-party app, the same charges will apply to you as mentioned above.
This means that you will be charged 10 to 15 percent of the sale price that you put the ticket up for.
These fees are mostly for the services that Ticketmaster provides to ensure the completion of the sale.
If you opt-in for any additional optional services regarding reselling your tickets on Ticketmaster, you will be charged for that as well.
However, the good news is that since it is optional, you can choose not to use these services.
Besides that, you will not be charged to put up your listing for your tickets, as this is completely free.
As such, Ticketmaster will only charge you if your ticket is sold.
These charges are usually deducted from the sale amount that your ticket was bought for.
This means that when you get paid for the tickets after the event, Ticketmaster will have already deducted the amount that it charges as service fees from the buyer’s payment to you, and you will get what is left after the deduction.
As such, you do not need to make separate payments to Ticketmaster for putting your tickets up for sale as Ticketmaster automatically deducts this from the original asking price that you put up the ticket for.
You will get a detailed insight into how much Ticketmaster will charge you as service fees when you are in the process of determining the price during the creation of your listing.