Auction Fees
Fees There's no charge to browse, bid on or buy items at IBidIt. There are also no fees to list items for sale, but you do pay fees as a seller if your item actually sells, or if you choose special features on your listing. Note - Fees pay for the right to sell an item(s) on IBidIt. You do not purchase any exclusive rights to a Web page on IBidIt. IBidIt may, in our sole discretion, and without your consent or payment to you, place third party advertisements on any Web page within our site.
Insertion Fees There are currently no fees to list your item for sale at IBidIt, unless you choose to list a reserve auction or select special listing features. Insertion Fees are waived on regular listings, but not on reserve auctions. The fees for the different types of auctions:
• Regular Listings The Insertion Fee is FREE. • Reserve Price Listings The Insertion Fee is FREE. • Dutch Listings The Insertion Fee is FREE.
Fees for additional listing options When you list your item for sale, you can choose several listing options to promote your listing. Make it stand out and get more bids! These options also have non-refundable fees. • Bold Listing You can put the title of your item in boldface text for $.50 • Featured Auctions Showcase your items and give them more visibility with either: 1. A Featured Auction listing, with your item appearing in the Featured Auctions section. It could also be randomly selected to appear in the Featured display area on the main IBidIt Home page, in the Featured Items section of the category index page, and on the main category page. • Gallery Listing Featuring your items in the Gallery section where buyers browse by images.
Additional Options Insertion Fee Bold Title $0.25 Featured Auction $0.15 Home Page Featured $0.15 Highlight Listing $0.15 Gallery Listing $0.25 Upload Up To Two Pictures $0.00 Extra Pictures (3 thru 7) Each $0.05
Final Value Fees At the end of an auction, you will be charged a Final Value Fee based on the final sale price (final value) of your item: Final Price Final Price Auction Fee $0.01 - $999999.99 - 3% • Regular and Reserve Auctions (when the reserve has been met) The final value is the closing bid. Remember, there is no Final Value Fee charged if the reserve is not met. • Dutch Auctions The final value is the lowest successful bid, multiplied by the quantity of items you sold.
You will not be charged a Final Value Fee if: • There were no bids on your item • If there were no bids that met your reserve price for your Reserve Price AuctionClassified Fees To place a classified for 7 days - $0.50 To place a classified for 30 days - $4.00Trade Fees To place a trade ad is free Upon completion of trade the fee is $0.50Store FeesThere is no setup fee for opening your store Monthly store fee is $9.95
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