Listing Fee vs Projected Profit

Listing Fee vs Projected Profit

in Black Lion Trading Co

Posted by: The State.3806

The State.3806

Okay, I did a quick search and didn’t see a topic about this yet. So either it’s new or I’m missing something so basic that nobody has bothered to bring it up. Either way, here goes.

I have noticed an incongruity between the listing fee and the projected profit of items I put up for sale on the trade post. If I put up an item for 1g, it shows the listing fee at 5%, 5s. But then the projected profit is 90s, suggesting a 10s listing fee, exactly double what it should be.

Is this a bug, or am I just missing something?

Listing Fee vs Projected Profit

in Black Lion Trading Co

Posted by: Ulquiorra.6903

Ulquiorra.6903

just subtract 15% of ur selling price and tht is how much you will get.

Listing Fee vs Projected Profit

in Black Lion Trading Co

Posted by: Leablo.2651

Leablo.2651

Listing fee is only for listing. There is a 10% commission taken from the sale. In total, you lose 15% from whatever price you sell at.

Listing Fee vs Projected Profit

in Black Lion Trading Co

Posted by: Gisei.5749

Gisei.5749

Projected Profit is the amount of money you will receive when the item sales. This is only taking into account the 10% selling fee.

The 5% Listing fee is not taken out of the money you receive when the item sells, but straight from your inventory when you list the item.

So to determine actual profit, subtract the Listing Fee from the Projected Profit.

~Sorrow’s Furnace~
Guardian

Listing Fee vs Projected Profit

in Black Lion Trading Co

Posted by: The State.3806

The State.3806

Ah, yes. That makes sense now. Jeez, they really take you to the cleaners for using their auction service, don’t they? It’s almost enough to make a person want to go back to yelling about trades in the East Commons.

Thanks for the concise and un-insulting responses, everyone.

Listing Fee vs Projected Profit

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Posted by: Mystic.5934

Mystic.5934

yeah, I realized what Gisei said maybe 3 weeks ago. Was a bit annoying when I found that out, but not a huge deal (sold some items I wouldn’t of, lost out on maybe 90c of profit :P). I’d prefer if they incorporated the listing fee into it. it’s even phrase “projected profit”, not “how much you’ll be given if it sells”. profit would take the listing fee into account!

Listing Fee vs Projected Profit

in Black Lion Trading Co

Posted by: Minion of Vey.4398

Minion of Vey.4398

Here’s what happens.

You post an item for sale on the TP for 1s.

5c (5% listing fee) is taken from your on hand cash immediately. You can’t get this back by unlisting the item, it’s the cost of even attempting to sell something.

Item sells, 1.s * . 9 (10% selling fee) = 90c goes to your TP pickup box.

If you fill a buy order, you’re still charged both fees.

(edited by Minion of Vey.4398)