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eSnipe Fees
How Much Do I Pay eSnipe?
eSnipe charges 1% of the winning auction price with a minimum fee of $.25 and a maximum fee of $10.00 (U.S. dollars). If you don't win an auction, there's no fee. The fees break down like this:
| Winning Bid |
Your Cost |
| Auction wins for under $25 |
$0.25 |
| Auction wins between $25-$1,000 |
1% of auction price |
| Auction wins for $1,000 and over |
$10.00 |
Dutch auctions and auctions in non-U.S. currency are special cases:
| Winning Bid |
Your Cost |
| Dutch auction wins of any quantity |
$1.00 |
| Non-U.S. currency auction wins of any quantity |
$1.00 |
How Do I Pay eSnipe?
eSnipe's BidPoints(SM) program allows you to
pay for your auction wins. Each BidPoint equals $0.01. So, for
example, if you win an auction with a final price of $50, the eSnipe
fee would be $0.50, which would cost you 50 BidPonts. Again, if you
don't win an auction there's no fee. You buy BidPoints from us in
advance in quantities of 500 or more (500 BidPoints costs $5.00).
BidPoints are also available in large quantities at a discount. Our
state-of-the-art service keeps track of your BidPoints account and
updates your account automatically. All you need to do is buy more
BidPoints from time to time, depending on how many auctions you win.
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