Could somebody explain this to me?

Could somebody explain this to me?

in Black Lion Trading Co

Posted by: Zplus.4217

Zplus.4217

Q:

I was selling an item on the tp for 18s95c, and I set it to be 95c cos I saw that the stated listing fee was 95c. Now however my item was sold and I only got 17s5c from it (was only selling one item). Looks like I got charged listing fee twice? Or is that how it’s supposed to work?

Could somebody explain this to me?

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Posted by: ozymandias.5317

ozymandias.5317

A:

You were charged the listing fee to put it up. You were then charged a selling fee once it sold.

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Could somebody explain this to me?

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Posted by: tertle.4621

tertle.4621

Yes, you get charged 5% to list and 10% when sold. So you effectively get 85% of what you list the item for.

Could somebody explain this to me?

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Posted by: Mighty Helm.1268

Mighty Helm.1268

Sorry Tertle your math is incorect. (you get 90%)
Here is some candy corn I could sale.
Amount Candy corn = 206
unit price =13
Total Amount of sale = 13 X 206 = 2678 (26 silver 78 copper)
listining fee = 5% sale fee = 5% ( each of which would be 2678 X .05 = 133.9)
Now round that to 1 silver and 34 copper
Total fee = 134 +134 = 264 (listing and sale fee added)
Projected Profit: 2678-268=2410 (24 silver 10 copper)

Easy way: 206 (candy corn) X 13 (unit price) = 2678
2678 X 0.9 = 2410.2 (24 silver 10 copper)

Could somebody explain this to me?

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Posted by: Wolfgang Michael.8217

Wolfgang Michael.8217

Sorry Tertle your math is incorect. (you get 90%)
Here is some candy corn I could sale.
Amount Candy corn = 206
unit price =13
Total Amount of sale = 13 X 206 = 2678 (26 silver 78 copper)
listining fee = 5% sale fee = 5% ( each of which would be 2678 X .05 = 133.9)
Now round that to 1 silver and 34 copper
Total fee = 134 +134 = 264 (listing and sale fee added)
Projected Profit: 2678-268=2410 (24 silver 10 copper)

Easy way: 206 (candy corn) X 13 (unit price) = 2678
2678 X 0.9 = 2410.2 (24 silver 10 copper)

Wrong!

Could somebody explain this to me?

in Black Lion Trading Co

Posted by: Hippocampus.8470

Hippocampus.8470

Yeah, anyone who has ever actually checked their inventory after listing an item could tell you that the 5% listing fee is taken out when you first put it up, and then 10% is taken out if it sells.