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Anyone ever done a ticket resale? (1 Viewer)
- Thread starter Clown Car
- Start date
-fish-
Footballguy
It's pretty easy. Upload the ticket and pick a price. They'll recommend a price for you. I set mine up to transfer me the money by paypal.
Ted Stickles
Footballguy
Best option IMHO is to eat the cost and invite a friend that you know first and foremost you'd love to go with and have a lasting shared memory that you can talk about for years from now.
Other considerations would be to list on NextDoor or FB marketplace.
StubHub is going to take 40% of any price that you sell it at, which is going to probably infuriate you anyhow (I personally would be HAM about their fees).
Other considerations would be to list on NextDoor or FB marketplace.
StubHub is going to take 40% of any price that you sell it at, which is going to probably infuriate you anyhow (I personally would be HAM about their fees).
Clown Car
Footballguy
I absolutely would do this but we are flying to New York and I’m pretty sure none of my friends can just drop and go next week.
Insein
Footballguy
It's not 40% but you do still pay a fee. 15% for the seller. So if you sold a ticket for $100, you'd get $85. Factor that into your asking price on what you want for it @Clown Car
Buddy Ball 2K3
Footballguy
I do this all the time and as others have said, its super easy and you get your $$ pretty quick
Ted Stickles
Footballguy
On the buying flip side, I bought practice round tickets for the US Open on StubHub last month. Tickets were listed for $34, yet after fees ended up paying closer to $56. 40% of my cost went to StubHub fees.
Stubhub is easy but it screws both the buyer and seller on their fees. They get you coming and going. You can usually get better return using CL but then you run into the weirdo aspect. That is more of an issue if you are buying because the tickets aren't guaranteed. For selling I would try putting it on CL first and see if you get any nibbles. You will save on fees and since you are going to the show you may be able to get a better buyer since you can deliver in person and confirm you are also going.
Unfortunately the market on Stubhub really sets your price and you sometimes don't have much of a choice if you actually want to sell them. The fees really make it hard to cover your costs for most events. If it's in high demand then you might be able to do alright in getting back your money but if it's a typical event with lots of availability you will likely take a big hit and not be able to get what you want for it (due to the outrageous fees Stubhub takes).
Insein
Footballguy
Most people looking to sell last minute are just trying to recoup some loss at that point. They presumably can't find a friend or relative to take the tickets so they might as well get something rather than eating the ticket whole. People buying at face and trying to mark up have to really know what they're doing if they're trying to make money because the only one making money here is StubHub.
I am talking about just breaking even. I had season seats for about 6 years and lived 3 hrs away from the arena. I loved my seats and just wanted to break even on the games I couldn't make. Stubhub is terrible as a seller in these instances. I couldn't even recoup my Season Ticket Holder prices (well below face value) because of the fees. If I wanted to sell a Thursday game I would have to take a huge loss (mostly due to the fees).
Stubhub is very convenient but they gouge you on the fees (both selling and buying). It's much better if you can find someone you trust and avoid it if possible. For the one off case like the OP who is going to the event I would try selling via Craigs List or some other local message board. Much more likely to get somewhere near face value since you don't have to jack up the price to cover the fees just to break even.
comfortably numb
Footballguy
I was considering taking a chance on buying college season tickets and possibly reselleing on stubhub.
Is 15% the basic overhead i would have to consider on how much I'd need to recoup before turning a profit?
Is 15% the basic overhead i would have to consider on how much I'd need to recoup before turning a profit?
Insein
Footballguy
If that's your game, then you have to consider how popular that college is. If it's someone like Alabama, maybe you could recoup because demand will be huge. If it's a lesser D1 (or whatever they call it now), then you'd want to see what tickets go for on game day or near it to see if it's worth your time.
Insein
Footballguy
Yea if you're a season ticket holder looking to sell half your games to make some of the cost back, StubHub is not for you. StubHub is good for what it is. Last second ticket shopping that's cheap for events that aren't in high demand. Even with the fees, you're paying way below face most of the time.
Kind of.............the bigger kicker is that on top of the fee you have to pay as the seller the buyer also has fees on top of the actual sell price. So there is about a 40% difference that Stubhub is taking. So the buyer has to take into consideration the price which usually drives the price down for the seller cutting into your costs even further.
For selling season tickets (if you are just trying to cover your actual costs for the games you can't go to) I found it best to sell to friends, friends of friends, STH's that sit next to you, or find a craigslist connection that trusts you. Once you have to go to Stubhub you will be losing money fast.
Which means the seller is about 40% below that (when figuring in both seller AND buyer fees). Stubhub is a rip off for all involved however it is convenient for a buyer that wants to go last minute.
comfortably numb
Footballguy
Yea, prople were throwing around the 40% number and i get it. That seems to be what StubHub actually gets for the transaction but i was just curious as a seller...and it sounds like 15% is the number for a seller.
If i sell a ticket for 100 looks like i net 85.
Thats all i was curious about.
-fish-
Footballguy
Yeah, it depends what you’re selling. I ended up with tickets to Ariana Grande, and they kept going up until I sold them a couple days before the show at about 3x face value. Had to ditch tickets to a broadway show and ended up eating about 30%.
It’s convenient and safe. Worth the seller’s fee if you don’t want to deal with the hassle of selling privately.
True but you have to factor in the buyer fees as well because that will drive your sell price down. Unless the ticket is to a premier event that has tickets that are hard to get your price will be driven down because for $100 purchase price the buyer is actually paying $125. So they will wait until the price goes down (and there will always be tickets that drop in price). It's a game and usually the seller is the one that gets hurt the most.
Clown Car
Footballguy
Turns out I do have an old friend who lives in ct and he’s going to meet us there! His dad was first on the scene to help when I was in a motorcycle accident the year after we graduated. This is going to be awesome!
bigbottom
Footballguy
Just sold two tickets to the Stones show on StubHub and have two more for sale (all proceeds go directly to Chance for Hope). Was a pretty easy process. StubHub provides the UPS mailing label and everything (I had physical tickets). Per ticket face value $173. Listed for $398 each. Netted $338.30 per ticket.
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