StubHub is one of the most popular online platforms for buying and selling tickets to live events, such as concerts, sports, and theater. But how much are StubHub seller fees? And what are the benefits and drawbacks of using StubHub as a seller?
In this post, we will answer these questions and more, so you can decide if StubHub is the right choice for you as a seller.
How StubHub Works for Sellers?
StubHub is a marketplace where fans can buy and sell tickets to live events. As a seller, you can list your tickets for free on StubHub, and set your own price and delivery method. You can also adjust your price at any time until your tickets sell.
When your tickets sell, StubHub will collect a seller fee from you. This fee may vary depending on the event, the ticket price, the time to the event, and the supply and demand of tickets. The seller fee is usually 15% of the ticket price, but it can be higher or lower in some cases. This is one of the StubHub fees for seller that you should be aware of.
For example, if you sell a ticket for $100, you will pay a $15 seller fee to StubHub, and receive $85 as your net payment.
StubHub will also charge a 10% fee to the buyer of your tickets. This fee helps StubHub cover the costs of running the platform, providing customer service, and ensuring ticket authenticity and delivery.
For example, if you sell a ticket for $100, the buyer will pay $110 to StubHub, which includes the $10 buyer fee.
StubHub will pay you after the event takes place, and after confirming that the buyer received your tickets. You can choose to receive your payment by PayPal, direct deposit, or check.
The Pros and Cons of Selling Tickets on StubHub
Selling tickets on StubHub has some advantages and disadvantages that you should consider before listing your tickets. Here are some of them, including the StubHub sell tickets fees that you will have to pay when your tickets sell:
Pros
- You can reach a large audience of potential buyers. StubHub has over 100 million visitors per year, and is one of the most trusted and recognized brands in the ticket industry.
- You can set your own price and delivery method. You have full control over how much you want to sell your tickets for, and how you want to deliver them to the buyer. You can also change your price at any time until your tickets sell.
- You can list your tickets for free. There is no cost to list your tickets on StubHub, and you only pay a fee when they sell. These are the StubHub seller fees that we discussed earlier, which are usually 15% of the ticket price.
- You are protected by StubHub’s FanProtect Guarantee. StubHub guarantees that you will get paid for your tickets as long as you deliver them as promised and on time. If there is any issue with the buyer or the event, StubHub will handle it for you.
Cons
- You have to pay a seller fee. StubHub charges a fee to sellers when their tickets sell. This fee can vary depending on various factors, but it is usually 15% of the ticket price. This means that you will receive less money than what you sold your tickets for. These are the StubHub fees for selling tickets that you should factor in when pricing your tickets.
- You have to wait until after the event to get paid. StubHub pays sellers after the event takes place, and after confirming that the buyer received their tickets. This can take up to 5 business days after the event date. If you need cash quickly, this may not be ideal for you.
- You may face competition from other sellers. StubHub is a competitive marketplace where many sellers list their tickets for the same events. This means that you may have to lower your price or offer better delivery options to attract buyers.
- You may not be able to sell your tickets at all. There is no guarantee that your tickets will sell on StubHub, especially if they are for less popular or oversupplied events. If your tickets don’t sell by the time of the event, you will not receive any money for them.
Conclusion
StubHub is a great option for selling tickets to live events online, but it also has some drawbacks that you should be aware of. As a seller, you can benefit from StubHub’s large audience, flexible pricing and delivery options, free listing service, and FanProtect Guarantee. However, you also have to pay a seller fee when your tickets sell, wait until after the event to get paid, face competition from other sellers, and risk not selling your tickets at all.
One of the most common questions that sellers have is: does StubHub charge a fee to sell tickets? The answer is yes, StubHub does charge a fee to sellers when their tickets sell. This fee can vary depending on various factors, but it is usually 15% of the ticket price. This means that you will receive less money than what you sold your tickets for.
Ultimately, whether StubHub is right for you depends on your personal preferences, goals, and expectations. You should weigh the pros and cons of StubHub carefully before deciding to list your tickets on their platform.
If you have any questions or need any help with selling tickets on StubHub, you can visit their seller’s hub of information or contact our team. We hope this was helpful and informative for you. Happy selling!