Question: What Is OfferUp Service Fee?

What percentage does OfferUp take?

7.9 percentBuyers will pay for shipping costs; sellers can list for free, but will pay OfferUp a 7.9 percent fee if the item is sold.

OfferUp provides buyer and seller protections; you can read more details about the shipping rules here..

Is selling on OfferUp safe?

While OfferUp is certainly safe to use, our OfferUp review found that there are plenty of precautions that users must take to avoid OfferUp scams. This is true no matter what app you choose—even the best buy and sell apps leave users vulnerable to scam artists.

How do I accept payment on OfferUp?

If the buyer is satisfied with the item, they pay the seller directly. The standard way to accept in-person payment is cash. If someone asks you to take a check, cashier’s check, gift card, or payment through an app other than the OfferUp app, politely decline.

How does OfferUp make money?

OfferUp is a mobile-first C2C marketplace on which users can buy and sell items. … The business model of OfferUp is based on charging sellers a fee for every sale made and shipped through its platform. The company furthermore makes money through promotional listings and a dedicated program for car dealerships.

Why is offer up asking for Social Security?

If you have 200 or more transactions and sell over $20,000 worth of items in a calendar year using OfferUp Payments, you’ll be prompted in the OfferUp app to provide your full Social Security number for tax reporting purposes. You will also receive a 1099-K produced by Stripe.

Is 5 miles app free?

5miles is free, easy, and safe and has facilitated more than $1 BILLION in local sales, helping 10 million happy users put money back in their pockets and find great products at great rates. … It’s like your own online garage sale without the hassle.

Is 5 miles app safe?

5 Miles/Dash is a total scam and is fraudulent. They are floating money. You win a bid and have to pay IMMEDIATELY then a few weeks later the “5 Miles approved vendor” cancels the order and DOESN’T refund your money.

Is LetGo better than OfferUp?

Both apps are a good place to buy and sell goods locally and are the best of the best for mobile marketplace apps. While LetGo is safer and the more popular app of the two, OfferUp is the better app in terms of customer service.

Can you get scammed on OfferUp?

OfferUp car scams abound. Scammers often pose as trustworthy buyers or sellers of big price items like cars. And too often, people fall for their tricks. There are red flags to be on the lookout for when using sites like OfferUp and ways to avoid the stress of recovering and/or of coping with losing money.

How much is 5 miles in minutes?

30 miles per hour / 60 = 1/2 mile per minute = 1 mile every 2 minutes. if he traveled 5 miles, then he traveled 5 * 2 minutes which means he traveled 10 minutes.

How do I purchase on OfferUp?

How to buy on OfferUpMeet in-person to purchase an item. Make offer.Purchase a shippable item. Make offer. Buy Now.Buying from Pro Sellers: Buy Now.

Does offer up take a fee?

Posting and browsing items on OfferUp is free, and buying items with cash is free for both sellers and buyers. Certain transactions, like shipped items, may include service fees or shipping costs when the item is sold. … Starting with the fourth post each month, the seller pays a fee to list each vehicle.

Who pays for shipping on OfferUp?

Shipping fees vary by item and are paid by the buyer. You’ll see the specific price when you view item details, so you’ll know the total cost before you make your offer. Shipping fees are typically at a minimum of $5. The shipping cost is added to the final amount that you’re charged.

Does 5 miles charge a fee?

5miles is free to use for both buyers and sellers. When users compare us to Craigslist and see how simple it is to list an item, how easy it is to contact sellers, and how safe it is to make a deal, they never look back to other platforms.

Can you get your money back on OfferUp?

Purchases from Pro Sellers Using the app, buyers have the option to request a refund. Once a refund is requested, Pro Sellers will need to accept the refund in order for it to be approved. If a refund is not accepted, the buyer can submit a claim to OfferUp Support for assistance.