Trading post Listing fee shows wrong tax

Trading post Listing fee shows wrong tax

in Black Lion Trading Co

Posted by: Vyko.6953

Vyko.6953

I was selling some items while I have noticed I have much less money than I expected – listing fee wants double money! I was selling rune of divinity for a price of 7-95-0. Listing fee was 39-78, but when I sold the item, I actually paid approx 80 silver. This was very disappointing, since I had calculated it – I should earn some money (bought cheap armor with that rune, and was selling that rune for more) and I have lost money instead, due to that “double” listing fee.

Anyone have issues with this too or your listing fee is showing right money?

#ELEtism

Trading post Listing fee shows wrong tax

in Black Lion Trading Co

Posted by: Mystic.5934

Mystic.5934

yes, the TP is very misleading. they did say the necessary info, but it’s misleading. here’s the breakdown:
if you sell something for 1g:
5s is paid by you at that time for a listing fee (5%)
10s is taken from the final sale before you collect it (10%)
total fee = 15s (15%)
The ‘projected profit’ the TP says is actually the projected return, meaning how much money you can expect to collect when that item sells. this number is the listing price (1g) – final sale fee (10% = 10s) = 90s. it does not include the listing fee (5% = 5s). If you want to know how much profit you make from selling an item, take the ‘projected profit’ and subtract the listing fee stated.

Trading post Listing fee shows wrong tax

in Black Lion Trading Co

Posted by: Mystic.5934

Mystic.5934

so for your example:
7,95,00 item price
39,75 listing fee paid from your inventory when placing item on TP
79,50 transaction fee removed from coins returned to you after sale
7,15,50 amount returned to you after sale
6,75,75 actual amount earned from sale

Trading post Listing fee shows wrong tax

in Black Lion Trading Co

Posted by: GamerToukotsu.4219

GamerToukotsu.4219

yes, the TP is very misleading. they did say the necessary info, but it’s misleading. here’s the breakdown:
if you sell something for 1g:
5s is paid by you at that time for a listing fee (5%)
10s is taken from the final sale before you collect it (10%)
total fee = 15s (15%)
The ‘projected profit’ the TP says is actually the projected return, meaning how much money you can expect to collect when that item sells. this number is the listing price (1g) – final sale fee (10% = 10s) = 90s. it does not include the listing fee (5% = 5s). If you want to know how much profit you make from selling an item, take the ‘projected profit’ and subtract the listing fee stated.

Did they actually fix it for being 15% because I’ve always used 14.5% and been the exact amount of money I get back.

Illusory Ally [TFD]
Illusionary Ally [TFD]
Devona’s Rest

Trading post Listing fee shows wrong tax

in Black Lion Trading Co

Posted by: Illconceived Was Na.9781

Illconceived Was Na.9781

It’s always been 5% and 10%, but both are mathematically rounded, so there will be occasions when it’s off slightly. I’ve never seen “14.5%” — a 1g item sale generates 90s, although I also had to offer up 5s to list it.

John Smith: “you should kill monsters, because killing monsters is awesome.”

Trading post Listing fee shows wrong tax

in Black Lion Trading Co

Posted by: Mystic.5934

Mystic.5934

it does round. try listing something for 5c. it takes 1c listing fee, then 4c ‘projected profit’ = 40% TP fee.
I have noticed that they semi-recently updated the TP’s fees to round after multiplying by how many you’re selling instead of before. used to be before. why does that make a difference?
round before: 5% of 5c rounds to 1c. x250 items = 2s50c listing fee
round after: 5c x 250 items = 12s50c. 5% of 12s50c = 63c listing fee
the final sale tax has always been rounded after, though you get shafted when the person buys a low number of them. (if they buy 1 at 5c = 1c fee. buy 10 at 5c = 5c fee)