Questions. We love ‘em. When somebody has a question for us here at Paper Shop, we know that they’re either already advertising with us or thinking of giving us a try. We’re happy to help with and all inquiries, and we’ve found that a number of them are, well, frequently asked questions. Here’s where we take some time to talk about them.
As you probably know, commission ads are our most popular kind of ads. You might also already know that the commission fee comes due when the item is sold. But do you know how, exactly, we get that number?
For the sake of consistency, we base the commission on the printed asking price of the item (something to keep in mind when bargaining with a potential buyer). It’s 10% of the first $100 and 3% of the balance over $100. So if you’ve got an item listed for, say, $200, the commission on that item would be $13: $10 for that first $100 and $3 for the remaining $100 of the price. A $300 item would carry a commission of $16. A $400 item? $19.
There is a maximum commission charge of $70. So anything advertised for $2100 or more – whether it’s $2100, $21,000 or $21,000,000 – will have a commission of $70.