Types of Fees
There are two types of fees for selling at GunzMart.com. A Final Value Fee, and any fees associated with Special Advertising Services.
- Final Value Fee is a flat fee based of the highest bid on a sold item.
- Special Advertising Services Fee(s) are for things like listing enhancements, or services allowing you to track how many people have viewed your auction. Unlike eBay, we don't charge sellers an 'insertion' fee for a Classic auction. Also, Sellers have the option to upload multiple pictures.
Buying or Bidding: Once becoming a member of GunzMart.com, there are no fees associated with Buying or Bidding at GunzMart.com.
Registration Fee: $2.00/year
Insertion Fee: Free
Final Value Fees are based on a flat fee (see Final Value Fee Schedule below) of the closing price of the item(s) being auctioned.
Special Advertising Services
- Bidder Screening $2.00
- Highlighted Listing $2.00
- Bold Face Listing $1.00
- Colored Text $1.00
- Thumbnail $0.50
- Counter $0.25
- No-Sale Reserve Fee $1.00
- 250 Auctions Exceeded $0.25
Special Advertising Services are enhancements that can be made to the auction during set up that improves it's visibility in the listings and will give it a better chance of selling, or provide the seller with more information on how the item is progressing. For example: we have Featured Auctions which are auctions that are listed first in all listings and Search Results to give the auction higher visibility. The seller pays a fee to have their item(s) appear in the Featured Auctions.
Auto Extension is a service provided to sellers free of charge! If an auction doesn't have any bids at the close, and the seller chooses to auto extend the auction, the auction will not close and the auction will continually be extended for the original duration until someone bids on it, or the seller removes the auto extension. The seller can only choose to auto extend an auction at the start of that auction - not during the auction itself. If the seller selects any other Special Services, the seller will also be charged half-price for those Special Advertising Services during an auto extension. Example: A Highlighted Auction is normally $1.00, during an auto extension the seller will be charged $0.50. The seller is charged half-price for those Special Services every time the auction is extended.
A Relist Credit is a credit issued to your account at GunzMart.com intended to offset the expense of any auction where the bidder did not complete the auction. Relist Credits are for use with future sales at GunzMart.com and Relist Credits ARE NOT credited back to your credit card under any circumstances.
While Relist Credits are issued for Final Value Fees, Relist Credits are not issued for any Special Advertising Services.
As a Seller, you'll occasionally run into the situation where a bidder turns out to be a Deadbeat, or the bidder returns a firearm for a refund. If the bidder is a Deadbeat, GunzMart.com will issue a Relist Credit for any Final Value Fees charged for that auction, providing that the seller leaves Negative feedback on the bidder. Negative Feedback for deadbeats is the only way we have for knowing who deadbeat bidders are at GunzMart.com - so we require that you leave feedback before we issue a Relist Credit for your fees.
If a seller accepts a return, GunzMart.com will again happily issue a Relist Credit for any Final Value Fees charged in the auction, as long as the seller actually issues a refund. You must post Neutral feedback on the buyer stating that the item was returned for a full refund. Again, Relist Credits are not issued for any Special Advertising Services used.
If you wish to have a Relist Credit issued, log in to Billing and click on the 'Request Relist Credit' link next to the auction fee in question. An email will be automatically generated and sent to us requesting a Relist Credit for the auction in question. Again, please make sure you've already left appropriate feedback if you want the Relist Credit.
Because you are responsible for any fees incurred while using GunzMart.com, we only issue Relist Credits for auctions where feedback is left. If a buyer backs out of an auction where you feel you're at fault or an item is misrepresented, you're still responsible for the fees incurred.
Final Value Fee Schedule
|$0.00 - $25.00 = $1.00||$25.01 - $50.00 = $2.00||$50.01 - $100.00 = $2.50|
|$100.01 - $150.00 = $3.50||$150.01 - $200.00 = $4.25||$200.01 - $250.00 = $5.00|
|$250.01 - $300.00 = $5.75||$300.01 - $350.00 = $7.00||$350.01 - $400.00 = $8.50|
|$400.01 - $450.00 = $9.00||$450.01 - $500.00 = $9.50||$500.01 - $550.00 = $11.00|
|$550.01 - $600.00 = $12.75||$600.01 - $650.00 = $15.75||$650.01 - $700.00 = $16.25|
|$700.01 - $750.00 = $17.25||$750.01 - $800.00 = $19.00||$800.01 - $850.00 = $20.25|
|$850.01 - $900.00 = $21.50||$900.01 - $950.00 = $23.00||$950.01 - $1,000.00 = $24.25|
|$1,000.01 - $1,050.00 = $25.50||$1,050.01 - $1,100.00 = $26.00||$1,100.01 - $1,150.00 = $26.75|
|$1,150.01 - $1,200.00 = $27.50||$1,200.01 - $1,250.00 = $28.00||$1,250.01 - $1,300.00 = $28.50|
|$1,300.01 - $1,350.00 = $29.00||$1,350.01 - $1,400.00 = $29.75||$1,400.01 - $1,500.00 = $30.50|
|$1,500.01 - $1,550.00 = $31.75||$1,550.01 - $1,600.00 = $32.25||$1,600.01 - $1,650.00 = $33.00|
|$1,650.01 - $1,700.00 = $33.50||$1,700.01 - $1,750.00 = $34.00||$1,750.01 - $1,800.00 = $34.75|
|$1,800.01 - $1,850.00 = $35.50||$1,850.01 - $1,900.00 = $36.00||$1,900.01 - $1,950.00 = $36.75|
|$1,950.01 - $2,000.00 = $37.50||$2,000.01 - $2,100.00 = $38.00||$2,100.01 - $2,200.00 = $39.00|
|$2,200.01 - $2,300.00 = $40.00||$2,300.01 - $2,400.00 = $41.00||$2,400.01 - $2,500.00 = $42.00|
|$2,500.01 - $2,600.00 = $43.00||$2,600.01 - $2,700.00 = $44.00||$2,700.01 - $2,800.00 = $45.00|
|$2,800.01 - $2,900.00 = $46.00||$2,900.01 - $3,000.00 = $47.00||$3,000.01 - $3,100.00 = $48.00|
|$3,100.01 - $3,200.00 = $49.00||$3,200.01 - $3,300.00 = $50.00||$3,300.01 - $3,400.00 = $52.00|
|$3,400.01 - $3,500.00 = $54.00||$3,500.01 - $3,600.00 = $56.00||$3,600.01 - $3,700.00 = $58.00|
|$3,700.01 - $3,800.00 = $59.00||$3,800.01 - $3,900.00 = $60.00||$3,900.01 - $4,000.00 = $62.00|
|$4,000.01 - $4,100.00 = $63.00||$4,100.01 - $4,200.00 = $64.00||$4,200.01 - $4,300.00 = $65.00|
|$4,300.01 - $4,400.00 = $67.00||$4,400.01 - $4,500.00 = $68.00||$4,500.01 - $4,600.00 = $69.00|
|$4,600.01 - $4,700.00 = $70.00||$4,700.01 - $4,800.00 = $71.00||$4,800.01 - $4,900.00 = $73.00|
|$4,900.01 - $5,000.00 = $74.00||$5,000.01 - $5,500.00 = $77.00||$5,500.01 - $6,000.00 = $81.00|
|$6,000.01 - $6,500.00 = $85.00||$6,500.01 - $7,000.00 = $90.00||$7,000.01 - $7,500.00 = $95.00|
|$7,500.01 - $8,000.00 = $100.00||$8,000.01 - $8,500.00 = $110.00||$8,500.01 - $9,000.00 = $120.00|
|$9,000.01 - $9,500.00 = $125.00||$9,500.01 - $10,000.00 = $130.00||$10,000.01 - $12,500.00 = $150.00|
|$12,500.01 - $15,000.00 = $175.00||$15,000.01 - $17,500.00 = $200.00||$17,500.01 - Unlimited = $250.00|
Classic Auctions: The Final Value Fee is only charged to the seller if the item sells, and is based on the Final Value Fee Schedule (shown above). The Final Value Fees for Dutch auctions are 2.5%, regardless of how high the bidding goes. The item is considered sold if the reserve is met in a Reserve auction, if the auction has just one bid in a Classic auction, or if the auction has any bids in a Dutch auction. If the auction has no bids in a Classic or Dutch auction, or if the Reserve hasn't been met in a Reserve auction, then the item is not considered sold, and the seller wonâ€™t be charged a Final Value Fee.
Dutch Auctions: The Final Value Fee for a Dutch auction is straightforward and easy to understand. If the number of items sold is equal or less than the quantity listed by the seller, the Final Value Fee is each bidder's quantity x the starting price x 2.5%. So if a seller lists 10 items with a starting price of $3, and two bidder(s) bid on a quantity of (2) @ $3 each, and( 4 )@ $3.50 each respectively, that's:(2)x$3.00=$6.00+(4)x$3.00=$12.00 +$6.00=$18.00x2.5%=$0.45
The seller owes a Final Value Fee of $0.45.
If the number of items sold is more than the quantity listed by the seller, the Final Value Fee is: the seller's quantity offered times the lowest common bid x 2.5%. So if a seller lists 10 items with a starting price of $3, and two bidders bid on a quantity of 6 @ $4 each, and 8 @ $4.50 each respectively, that's (6)x$4.00=$24.00+(4)x$4.00=$16.00= 40x2.5%=$1.00, That seller owes a Final Value Fee of $1.00.
Reserve Auctions: Unlike Classic or Dutch auctions which does not have any fees if the item doesn't sell, there is a No-Sale Reserve Fee of $1.00, if a Reserve auction closes without the item(s) selling the fee is charged at the close of the auction, and is non-refundable. We charge this fee in order to encourage sellers to set realistic reserve prices for their items. If the item does sell, then the fee is not charged, but a Final Value Fee is charged based on the high bid at the close of the auction.
We currently have one way of making a payment at GunzMart.com. In order to create auctions, Seller's must first pay a $2 Sign-Up fee and list a credit card with us using our Secure Server. After a credit card has been placed on file, that Seller's card will be billed on the 1st and 16th of the month for charges accumulated on the prior 1st through the 15th, and the prior 16th through the end of the month respectively. So if you're auction ends in a sale on the 3rd, you'll be charged on the 16th for that auction. If you utilize Special Services, even though the auction may not have ended by one of our billing dates, you'll be billed for any Special Services used on the very next billing date.
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