Selling tickets on NFL Ticket Exchange can be a great way to make some extra money, especially if you have season tickets but can’t attend every game. However, one question that often comes up is how long it takes to actually get paid after completing a sale on the site.
The basics of NFL Ticket Exchange
NFL Ticket Exchange is the official ticket resale marketplace of the NFL. It allows fans to buy and sell tickets to NFL games in a safe and secure environment. The site is owned and operated by Ticketmaster.
Some key things to know about NFL Ticket Exchange:
- It only sells legitimate tickets directly from other fans, season ticket holders, or NFL teams.
- All tickets are guaranteed and come with a 100% refund if the event is canceled or tickets are invalid.
- They charge a 10% service fee on all sales.
- Sellers can set their own prices.
- Tickets can be listed as instant download or transferable tickets that are delivered closer to the event.
Overall, NFL Ticket Exchange provides a trusted marketplace for fans to exchange tickets while avoiding counterfeits or scams.
How the payment process works on NFL Ticket Exchange
When you make a sale on NFL Ticket Exchange, the payment from the buyer will initially go to Ticketmaster. Here is an overview of the payment process:
- The buyer purchases the tickets and payment is processed by Ticketmaster.
- Ticketmaster holds the funds until after the event takes place.
- Within 3 weeks after the event, the proceeds from the sale (minus Ticketmaster’s 10% commission) will be paid out to the seller.
- Payments are made via check or direct deposit to the seller’s bank account.
So Ticketmaster essentially acts as an escrow service, holding the buyer’s payment until after the event when the tickets can be verified as used. This protects both the buyer and seller.
How long does it take to get paid?
According to NFL Ticket Exchange, it takes approximately 3 weeks after the event date for sellers to receive payment. A few key points:
- Payment is sent within 3 weeks of the event, not 3 weeks from the sale date.
- For preseason and regular season games, you will be paid within 3 weeks of the game date.
- For playoff games, you will be paid within 3 weeks of the game date of the team’s final playoff game.
- For the Super Bowl, you will be paid within 3 weeks of Super Bowl Sunday.
In most cases, you can expect it to take 3-4 weeks from the date tickets are sold until payment is received.
Sample payment timelines
Here are some examples to illustrate when you could expect to get paid for different games:
Game Date | Date Tickets Sold | Expected Payment Date |
---|---|---|
September 10 | August 1 | October 1 (3 weeks after game) |
December 15 (Playoff game) | November 1 | January 12 (3 weeks after final playoff game) |
February 5 (Super Bowl) | January 1 | February 26 (3 weeks after Super Bowl) |
As you can see, the key date is 3 weeks following the event date, regardless of when the tickets were sold.
Getting paid faster
Given the 3-4 week time frame, are there any ways to get paid faster through NFL Ticket Exchange?
Unfortunately there is no way to receive payment directly from the buyer or expedite payment through the site. However, here are a couple tips:
- Sell closer to the event date – This will minimize the time between sale and payout.
- Provide direct deposit information – You will get paid 2-3 days faster with direct deposit vs. waiting for a paper check.
But other than that, there is no way to speed up the standard payment process. NFL Ticket Exchange will only send out payments once tickets have been verified as used, which happens in bulk 3 weeks after each game.
Fees deducted from payment
When you receive your payment, note that Ticketmaster takes out two fees:
- 10% service fee – This is their commission on the sale price.
- $5 order processing fee – This is taken out per order, regardless of number of tickets.
For example, if you sold 4 tickets at $100 each, your payout would be:
- Sale price: 4 x $100 = $400
- Service fee: 10% of $400 = $40
- Order processing fee: $5
- Payout = $400 – $40 – $5 = $355
So be sure to account for these fees when estimating your payout amount.
Troubleshooting delays
In most cases you will receive payment within the standard 3-4 week time frame. But what if it has been over 4 weeks and you still have not been paid?
First, double check that the event date has passed and enough time has elapsed. According to their policy, you must wait at least 3 weeks from the event before reporting any payment issues.
If it has been over 3 weeks, you can contact NFL Ticket Exchange customer support. They should be able to look into the status of your payout. There may be delays if there was an issue verifying the tickets or with the information provided.
Keep an eye on your email as well. NFL Ticket Exchange will send out emails when payment is processed and sent. If you don’t receive a payment email within 4 weeks, get in touch with their support team.
Conclusion
In summary, here is a quick overview of how long it takes to get paid for selling tickets on NFL Ticket Exchange:
- Tickets are paid out within 3 weeks after the event date.
- The full payment timeline is usually 3-4 weeks from sale date to payment.
- There is no way to expedite payout through the site.
- You can get paid 2-3 days faster with direct deposit.
- If it has been over 4 weeks with no payment, contact support.
Overall, NFL Ticket Exchange provides a safe and convenient way for fans to exchange tickets. While the payment process can take 3-4 weeks, this ensures the validity of tickets and protects both buyers and sellers throughout the transaction.