Are there additonal fees ontop of the listing fee

Are there additonal fees ontop of the listing fee

in Black Lion Trading Co

Posted by: Ryswick.8752

Ryswick.8752

I hear theres also a 20% fee when the item gets sold, has anyone confirmed this?

Ehmry Bay
Winterforge [WF]

Are there additonal fees ontop of the listing fee

in Black Lion Trading Co

Posted by: Gwynn.5724

Gwynn.5724

5% for listing.
and hiden 10% for some thing… because of this I lost 4 gold. please make a notice for this in TP.

Are there additonal fees ontop of the listing fee

in Black Lion Trading Co

Posted by: Yaos.4528

Yaos.4528

5% is an unrefundable list fee that is donated to the Orphans of Tyria Incorporated Slush Fund Company . 10% is a Tobin tax applied to the seller, the tax is used to provide universal healthcare on our action bar.

Are there additonal fees ontop of the listing fee

in Black Lion Trading Co

Posted by: MajorHeartfire.6843

MajorHeartfire.6843

As Yaos cleverly said. There is a 5% listing fee, which everyone knows about.

Then there is a 10% tax taken from the SELLER when bought. (As opposed to a 10% tax taken from the BUYER which is what happens in real life)

So if you list 100 iron ore on the Trading post for 5c a piece, it would be listed for 500c. You pay 25c for listing it (5%) and when it sales, you pay an additional 50c (10%). So everything you sell has a 15% tax on it.

This is done, presumably, to prevent people from engaging in any kind of quick flipping of items as they would have to make at least 16% profit to actually make money.