Fees

Fees

There are four types of Fees that can be charged by the admin:

User Signup Fee

Auction Fees

Buyer Fees

Seller Fees

The User Signup Fee and Auction Fees have to be paid for by the user to the admin through the admin's designated payment gateway.

If a buyer's fee is defined, you have two options on how the fees and winning bid are paid. In Default Process Mode, the buyer's fee is paid to the admin through the admin designated payment gateway and the seller is being paid directly by the buyer for the winning bid. In Superadmin receives all payments mode, the buyer pays for the buyer's fee (if applicable) AND the winning bid amount in one fell swoop to the Admin through the admin designated payment gateway. The seller will be paid by bank transfer for the winning bid value plus shipping, minus any seller's fees that may have been set up by the admin.

User Signup Fee

Firstly there is the optional User Signup Fee. This fee is charged to anyone who registers on your Auction-Pro hosted site if an amount is specified as per example below. To not charge a Signup Fee, simply leave the Fee Amount blank.

The fee incurred by the user for signing up needs to be paid before the user has full access to the auction site. This is being paid via the payment gateway to the admin.

Auction Fees

There are two types of optional auction fees. Firstly there are fees which are charged when a seller lists an auction item. These include:

Auction Setup Fee

The Auction Setup Fee. 

The Fee can be raised based on a percentage of the starting price of an auction item or a fixed amount. In the example above, the starting price between £0.01 and £500 would be charged 1%. You can add further price brackets, e.g. from £500.01 to £1,000. If you were to assign that 0.5% and the starting price is £1,000 of the item being listed, the Auction Setup Fee would be calculated as follows: The first £500 costs £5 (1% of £500) and the second £500 is charged at 0.5%; £2.50 thus the total Auction Setup Fee would be £7.50.

Reserve Price Fee

If the seller sets a reserve price, you can charge a fixed price fee for that.

Home Page Featured Fee

If the seller desires to showcase the item on the Home Page, you can choose to apply a set fee for it.

To use this option, make sure it is enabled under Settings > Settings > Auction Settings > Additional auction options.

Highlighted Item Fee

If the seller wants to have an item highlighted, you can charge a flat for for that. 

To use this option, make sure it is enabled under Settings > Settings > Auction Settings > Additional auction options.

Image Upload Fee

You have the option to charge a flat fee for each image that is being uploaded by the seller.

To use this option, make sure you have enabled the Picture Gallery under Settings > Settings > Auction Settings > Photo Gallery.

Bold Item Fee

You have the option to charge a flat fee for items to be in listed in a Bold font.

To use this option, make sure it is enabled under Settings > Settings > Auction Settings > Additional auction options.

Subtitle Fee

You have the option to charge a flat fee for items to have an additional subtitle.

To use this option, make sure it is enabled under Settings > Settings > Auction Settings > Additional auction options.

Extra Category Fee

You have the option to charge a flat fee for items to have a second category assigned to it.

To use this option, make sure it is enabled under Settings > Settings > Auction Settings > Additional auction options.

Re-list Fee

You have the option to charge a flat fee for items to be re-listed.

To use this option, make sure it is enabled under Settings > Settings > Auction Settings > Additional auction options.

Buy Now Fee

You have the option to charge a flat fee for items to be listed with a "Buy Now" price.

To use this option, make sure "Buy it now" is enabled under Settings > Preferences > Buy it now.

Buyer's Fee

You have the option to charge Buyer's Fees. This is a fee based on the winning bid value. You can assign different percentage or flat fee levels. In the example below, the buyer would be charged 10% on the first £1,000 of the winning bid and 3% on the value between £1000.01 and £10,000.

Seller's Fee

You have the option to charge Seller's Fees (Final Price Fee). This is a fee based on the winning bid value. You can assign different percentage or flat fee levels. In the example below, the seller would be charged 10% on the first £1,000 of the winning bid and 3% on the value between £1000.01 and £10,000.