This Fee Policy is effective from February 27, 2020 through December 13, 2020.
All fees are listed in U.S. Dollars, unless otherwise stated.
WHAT IS MY SELLER FEE?
Please note: Your seller fee depends on your location and the address associated with your account. Selling from outside of the United States is only available to select sellers at this time.
United States = $5
United Kingdom, Ireland, Luxembourg, Netherlands, Belgium, France, Germany = $12
Hong Kong = $15 (Hong Kong drop-off)
Canada, Austria, Sweden, Italy, Finland, Portugal, Spain, Denmark = $20
China, Guam = $25
Other = $30
Only when an item is purchased, is a commission fee charged. The amount of the commission fee is 9.5% + seller fee for a seller in good standing. The commission fee can increase to 15% + seller fee and a maximum of 25% + seller fee depending on the number of seller cancellations and verification issues, as described in more detail below. The commission fee will be deducted from the seller’s listing price.
Cancellations on orders will lead to a higher commission fee. All sellers begin with a seller rating of 90 and the minimum commission fee of 9.5% + the seller fee.
For each seller cancellation, 10 points will be deducted from the seller rating. For each successful sale, 2 points will be added to the seller rating.
When a seller has a rating at or above 90, the commission fee will be 9.5% + the seller fee. For sellers with ratings between 70-89, the commission fee will be 15% + the seller fee, and for sellers with ratings between 50-69, the commission fee will be 20% + the seller fee. Sellers who have a seller rating below 50 will be suspended from selling on GOAT and any items of a seller that are sold after their seller rating falls below 50 will be subject to a commission fee of 25% + the seller fee.
If you are a seller with a seller rating of 50 or above, you can decrease your commission fee to the minimum of 9.5% + the seller fee with successful sales (i.e., confirming and shipping authentic items on time).
CASH OUT FEES
When earnings are deposited through ACH direct deposit or PayPal, a 2.9% cash out fee will be applied. During promotional campaigns (e.g. free ACH direct deposits), GOAT may elect to reduce the cost of the cash out fee or waive it altogether. Sellers may cash out if their total earnings are greater than $25.00.