Reverb Fee Calculator
Isn't calculating Reverb fees manually a hassle? It takes time, needs fee information according to currency, and then brainstorming for calculation.
Keep this hassle by your side, Reverb Fee Calculator will calculate the accurate fee of Reverb accurately, automatically, and within a second for you with the Reverb Payments fee and Preferred Seller fee option.
Let us do the hard work for you, and you just relax and chill. Simply enter your item's price to get the accurate selling fee easily.
Start selling with confidence on Reverb.com today.
What is Reverb fee calculator
Reverb is an online marketplace for buying and selling new, used, and vintage musical instruments, gear, and accessories. The reverb fee calculator helps sellers to determine how much charge will be deducted for their items on Reverb. The reverb fee calculator takes the price and currency type and then calculates the fee based on the reverb official fee structure so that sellers can accurately determine their net profit from the sale and can set profitable prices for their item.
Why Reverb fee calculator is very important?
The Reverb fee calculator is an important tool for sellers on the platform because it helps them to calculate the exact fee and determine a fair and accurate price for their items. Setting the right price is important for several reasons:
- Too low of a price may result in the seller not making a profit or potentially even losing money on the sale.
- Too high of a price may deter potential buyers and result in the item not selling.
By using the Reverb fee calculator, sellers can set a price that includes all of the relevant costs and fees like, the price of the item, shipping costs, sales tax, and Reverb fees with the sale price.
This Reverb fee calculator can help sellers to stay competitive in the marketplace by helping inform pricing decisions and ensure that their items are competitively priced in the market.
Reverb Selling Fee Structure
|
Currency |
Maximum Sale Amount |
Maximum Fee Charged |
Minimum Fee Charged |
|
USD |
$10,000 |
$500usd |
$0.50usd |
|
CAD |
$15,000 |
$680cad |
$0.50cad |
|
EUR |
€10,000 |
€500 |
€0.50 |
|
GBP |
£10,000 |
£500 |
£0.50 |
Reverb Fees Factors
- Reverb Selling Fee: 5%
- Reverb Payments (payment processing fee): 3.19% + $0.49.
- Reverb Payments (payment processing fee) for Reverb Preferred Sellers: 2.99% + $0.49
How to calculate Reverb fees
Step 1: Enter your amount
Step 2: Select your currency
Step 3: Scroll down and you can see the fees structure based on your amount, your fee and how much you will receive.
Example of Reverb Fees
Here are some examples of how to calculate the Reverb Selling Fee for different currencies and scenarios:
Scenarios-1: Reverb Fees of $100 USD with Reverb Selling Fee
If you sell an item for $100 USD and you are not a Reverb Preferred Seller, your Reverb Selling Fee is 5% of $100, which is $5. Your Reverb Payments fee is 3.19% of $100 plus $0.49, which is $3.68. Your total fee is $5 + $3.68, which is $8.68 USD.
Scenarios-2: Reverb Fees of $15,000 CAD with Reverb Selling Fee and as a Reverb Preferred Seller
If you sell an item for $15,000 CAD and you are a Reverb Preferred Seller, your Reverb Selling Fee is capped at $680 CAD, since that is the maximum fee charged for CAD currency. Your Reverb Payments fee is 2.99% of $15,000 plus $0.49, which is $448.99 CAD. Your total fee is $680 + $448.99, which is $1128.99 CAD.
Scenarios-3: Reverb Fees of €200 EUR with Reverb Selling Fee
If you sell an item for €200 EUR and you are not a Reverb Preferred Seller, your Reverb Selling Fee is 5% of €200, which is €10. Your Reverb Payments fee is 3.19% of €200 plus €0.50, which is €6.87. Your total fee is €10 + €6.87, which is €16.87 EUR.
Scenarios-4: Reverb Fees of £50 GBP with Reverb Selling Fee and as a Reverb Preferred Seller
If you sell an item for £50 GBP and you are a Reverb Preferred Seller, your Reverb Selling Fee is 5% of £50, which is £2.50. Your Reverb Payments fee is 2.99% of £50 plus £0.49, which is £1.99 USD. Your total fee is £2.50 + £1.99, which is £4.485 GBP.
