How
Selling Works at loopcity
Sign up
It's free and easy. Choose your username and password, then
confirm an email address. There's an extra step of signing
up to be a seller (after choosing your username). To prevent
against fraud we require that you keep a valid credit card
on file.
Set up your shop
Every seller on loopcity gets their own shop (for free), located
at username.loopcity.com. For example, if my username is rokali,
my shop is at rokali.loopcity.com. You can customize your shop
by adding a banner, bio etc.
List an item
Listing an item is done in five simple steps. We recommend
that you've got your photos and description ready before jumping
in. Listing an item costs 20 cents per quantity.
Selling an item
As a seller you get to choose what payment methods you accept.
We recommend PayPal, as it facilitates instant payment and
offers anti-fraud protection. When an item sells both the
buyer and seller are sent emails with the transaction details
in it. There's a 3.5% sales fee.
Fees
Basic fees
You pay only an Insertion Fee and “0”(zero)
Transaction Services Fee to list a vehicle on
loopcity Motors.. There is no additional fee charged
after the vehicle is sold. Except the Sales fee
which is 3.5% . loopcity.com vehicle listings are
those within the Passenger Vehicles, Motorcycles,
Powersports and Other Vehicles categories.
Insertion and Transaction Service Fee
| Category |
Insertion Fee |
Sales Fee |
Free
for a limited time |
1. Real Estate
|
$20.00 X |
3.5% |
| 2. Vehicles |
$10.00 X |
3.5% |
| 3. Jobs |
$15.00 X |
3.5% |
| 4. Services |
$1.00 X |
3.5% |
| 5. Merchandise |
$20.00 X |
3.5% |
| 6. Pets |
See insertion fee below X |
3.5% |
| 7. Garage Sales and Notices |
See insertion fee below X |
3.5% |
Insertion Fees
| Starting or Reserve
Price |
Insertion Fee |
Sales Fee |
Free
for a limited time |
$0.01 - $0.99
|
$0.05 X |
3.5% |
$1.00 - $9.99
|
$0.15 X |
3.5% |
$10.00 - $24.99
|
$0.20 X |
3.5% |
$25.00 - $49.99
|
$0.40 X |
3.5% |
$50.00 - $199.99
|
$0.80 X |
3.5% |
$200.00 - $499.99
|
$1.00 X |
3.5% |
| $500.00 or more |
$1.50 X |
3.5% |
Note: For pricing information
on Buy It Now, 10-day listings, 21-day listings,
or scheduled listings, please refer to the Optional
Feature Fees section on this page.
We don’t charged a Transaction Services
Fee.
|
| |
Reporting transactions
We keep a tight ship here on loopcity, and we respond to all reported
transactions quickly. If a buyer does not pay for an item,
we will happily refund all fees associated with the transaction,
letting you relist it for free.
Fees FAQ
