It has never been easier to sell tickets using StubHub. I would recommend it to anyone who is looking to sell tickets. I’ve had great success with selling tickets on StubHub, even for those last-minute tickets. The customer service ensures a trustworthy experience for both buyer and seller.
Is it profitable to resell concert tickets?
Ticket reselling is definitely profitable, although it might not seem so to some people. First, if the concert tickets are for a famous artist, they sell out quickly. Fans who cannot get their hands on tickets are ready to buy them at a higher price to hear their favorite artist live.
Do you have to pay taxes on StubHub sales?
Generally, the sales tax collected by StubHub on ticket sales should not impact your income taxes, and sales tax collected from buyers by StubHub will not be included on your IRS 1099-K Form. Yes, you can correct the original price paid for an active listing as long as you do so before the listed ticket sells.
Why are StubHub fees so high?
They are called TicketPrices.net. The fees essentially are the money that StubHub receives for providing a service to the customer (buyer or seller, there are fees on both sides). This is to pay for fraud protection, integrations with partner’s ticketing systems, operational costs ,and to obviously profit.
What happens to StubHub tickets that don’t sell?
If the tickets you’re reselling on StubHub don’t sell, they’re still yours. You only pay a sell fee if the tickets sell.
How does StubHub make money?
StubHub charges buyers and sellers a fee for every ticket sold. While there are no fees for listings tickets on the site, StubHub charges buyers a 10 percent fee on what they pay for the ticket, which has a minimum of $5, while also taking a roughly 15 percent commission on the price from sellers.
How much can I make flipping tickets?
How much money you can make reselling tickets can vary depending on how many tickets you can afford to buy. So if you buy just 8 tickets at $100 each, and after fees, it costs $1000. You want to sell them all for about 30%-50% more. You can expect to make anywhere from $1300-$1500.
Can StubHub charge more than face value?
Pricing tickets above face value Print When you list tickets on StubHub, you can price them however you’d like. If you’re selling tickets on stubhub.ca for an event in Ontario, you must disclose the ticket’s face value when listing.
How hard is it to resell tickets?
Reselling tickets on Ticketmaster is pretty easy and fast. Not every event allows resellable tickets, so you can only sell on Ticketmaster if there’s a “Sell” button in your “Order details.” For example, if you buy tickets over the phone or through a third party, Ticketmaster won’t let you resell them.
Can I sell concert tickets on Facebook?
theXchange is the SAFEST ticket group on Facebook for music lovers to buy and sell concert tickets, without the stress of dealing with scammers … Only members can see who’s in the group and what they post.
Do I have to give StubHub my SSN?
Your TIN is typically either your Social Security Number (SSN) or Employer Identification Number (EIN) for businesses. We encourage sellers to prepare for these regulatory changes by inputting your TIN as soon as possible into your StubHub Account. To enter your TIN: Login to your StubHub Account at StubHub.com.
Is Ticketmaster 1099k legit?
Ticketmaster will maintain your taxpayer information in a secure database. Ticketmaster will generally provide you a copy of the Form 1099-K by January 31 of the following year. When required, Ticketmaster will generally provide you a copy of any state forms.
How do I set up direct deposit on StubHub?
Direct deposit: After listing your tickets, go to your Settings. Under ‘Payment options for selling tickets,’ click ‘add a new direct deposit account to receive payments. ‘ Select an address and enter your bank routing and account number. To update direct deposit info, see Removing or updating direct deposit details.
How do I avoid paying fees on StubHub?
Members of Ticket Club get the same tickets to the same events – without the massive fees charged by StubHub. It’s normally $49.99 for the first year, but we’re giving away one-year memberships for free as a special promotion. Once you join, you’ll never want to use StubHub again.
Are all StubHub tickets legit?
Yes, StubHub is legit. The site’s 100% guarantee ensures that ticket buyers, “get valid tickets to any event or your money back.” Purchasing from StubHub means “Tickets will be 100% authentic and arrive before the event,” according to legitticketreviews.com.
Can you get scammed from StubHub?
Can you get scammed through StubHub? – Quora. Yes you can. We called to purchase two tickets for an event in San Francisco. We were told that they do not allow debit or credit card numbers over the phone but instead we have to purchase ebay gift cards for the amount of the ticket.
How long before a game does StubHub stop selling tickets?
StubHub will generally shut off any hard stock UPS delivery tickets about 3–4 days before the event is to take place. In addition, any will-call and paperless type ticketed events are generally not sold on StubHub.
Why can’ti list my tickets on StubHub?
If you’re listing tickets on StubHub and can’t click the ‘Continue’ button, it means you haven’t filled out all the required info. If you’re listing lawn or general admission tickets, put GA in the row. Did you choose a payment method? You can get paid through direct deposit or PayPal.
Why do StubHub pay after the event?
Re: Payment after event Stubhub changed the method of paying sellers last March from paying on delivery to paying sellers 5-8 business days after the event occurs. This way if an event ends up being cancelled they dont have to claw back money from sellers.
When should you lower price on StubHub?
You just have to give it time and keep checking back. Typically, as the event date gets closer, ticket holders selling on the StubHub marketplace will lower their prices so as to get rid of the inventory of tickets they have, for better to make money at a cheaper rate than to completely lose your profit.
Why is StubHub not considered scalping?
The problem is that Stubhub has no way to check if the tickets being sold are legitimate, so any tickets sold could potentially be bogus, and may not get you into the event you purchased them for. Because ticket brokering is completely legal. Once you buy your tickets, they are yours to own.