eBay Finally Lowers Fees!

February 20th marks a first for eBay. Fees for inserting an auction in the site will actually go down. No doubt due to online competition and slumping online sales. The rate fees schedule is as follows.

Starting Price Current Fee                    New Lower Fee
$0.01 - 0.99 (auction-style only)              $.20    $.10
$1.00 - 9.99 (auction-style & fixed price)     $.40    $.25
$10.00 - 24.99 (auction-style & fixed price)   $.60    $.35