The Ticketmaster fan to fan resale fee is a fee that Ticketmaster charges when tickets are resold through their fan to fan ticket resale platform. This allows ticket buyers and sellers to securely exchange tickets for events. The fee helps cover the costs of running the resale platform.
How does Ticketmaster fan to fan resale work?
The Ticketmaster fan to fan ticket resale platform allows people who have purchased tickets to post them for resale if they can no longer attend an event. Other fans can then purchase the tickets through Ticketmaster instead of having to go through unofficial third party resellers.
Some key things to know about Ticketmaster fan to fan resale:
- Tickets are guaranteed to be authentic as they are tied to the original ticket purchaser’s account.
- Sellers can set their asking price but Ticketmaster recommends staying close to face value.
- There are no hard copies of tickets, sales are finalized electronically through Ticketmaster.
- Buyers and sellers can rate each other after transactions.
- Ticketmaster provides customer support for the resale process.
What is the Ticketmaster fan to fan resale fee?
For each ticket resold through Ticketmaster fan to fan, there is a standard 10% service fee charged to the seller. This fee covers the cost of running the fan resale marketplace and providing buyer and seller protections.
The fee is calculated based on the final sale price of the ticket. For example, if a ticket is resold for $100, the seller would pay a $10 service fee to Ticketmaster.
This resale service fee is separate from any ticket fees that may have been paid initially when purchasing the tickets from Ticketmaster. There are no additional buyer fees on resale.
What does the fan to fan resale fee cover?
The 10% Ticketmaster fan to fan resale service fee covers:
- Costs of running the online resale marketplace.
- Electronic transfer of tickets from seller to buyer.
- Screening resale tickets to verify authenticity.
- Providing a secure platform for fan ticket exchanges.
- Customer service for resale transactions.
- Guaranteeing valid tickets for buyers.
- Covering credit card fees and fraud protection.
Without the resale fee, Ticketmaster would not be able to provide the fan to fan resale platform and guarantee the tickets being exchanged. The fee aims to cover their costs so genuine fans can safely resell and buy tickets.
Are there any other charges for sellers?
Beyond the 10% service fee, there are no other charges or commissions for sellers using Ticketmaster fan to fan resale:
- There are no listing fees to post a ticket for resale.
- Sellers keep the full final sales price of tickets minus the 10% fee.
- Sellers can choose the price they want to sell tickets for.
- Ticketmaster does not charge any other commissions or deductions.
However, it’s important to note that sellers may incur credit card processing fees depending on their merchant account. Sellers receive their payouts via direct deposit.
Are there any fees for buyers on fan to fan resale?
There are no Ticketmaster fees charged to buyers for fan to fan ticket resales. The only amount buyers pay is the ticket resale price set by the seller.
Buyers don’t pay:
- No service fees
- No commissions
- No delivery fees
- No processing fees
The full amount paid by the buyer goes to the seller, minus the seller’s 10% service fee. This makes buying tickets on fan to fan resale less expensive than most secondary marketplaces.
How is the fan to fan resale fee different from StubHub?
StubHub is a major secondary ticket marketplace owned by Ticketmaster’s parent company Viagogo. StubHub and Ticketmaster fan to fan resale offer similar services but have some key differences in their fee structures.
StubHub charges much higher fees for both buyers and sellers compared to Ticketmaster fan to fan:
| Fee | Ticketmaster Fan to Fan | StubHub |
|---|---|---|
| Seller fee | 10% of sale price | 15% of sale price |
| Buyer fee | $0 | 10-20% of ticket price |
In most cases, final ticket prices end up being lower through Ticketmaster fan to fan compared to StubHub after fees.
How can sellers minimize the Ticketmaster resale fee?
Since Ticketmaster charges a percentage-based service fee, sellers can minimize the total fee amount by:
- Setting ticket resale prices closer to the original face value rather than substantially marking up.
- Selling larger quantities of tickets in a single transaction rather than individually.
- Bundling tickets to multiple related events into a single resale listing.
For example, a seller with a $100 ticket would pay a $10 fee. But a seller who bundles 5 tickets and sells them together for $500 would pay a $50 fee, saving $50 compared to selling individually.
Does Ticketmaster also charge fees on initial ticket purchases?
Yes, Ticketmaster does charge additional service and processing fees when tickets are initially purchased from Ticketmaster for an event.
These fees can include:
- Per ticket service fee
- Order processing fee
- Delivery fee for printed or mobile tickets
These fees can add more than 20% to the base ticket prices in some cases. So buyers are also paying fees to Ticketmaster on top of the original face value of tickets.
Conclusion
The Ticketmaster fan to fan ticket resale service charges a 10% service fee to sellers. This mandatory fee covers the costs of providing a safe, guaranteed ticket exchange platform for fans. Buyers pay no extra fees beyond the ticket resale price on fan to fan.
While the 10% seller fee may seem high, it is lower than many other secondary ticket marketplaces. The fee enables Ticketmaster to ensure ticket authenticity and give buyers and sellers a seamless resale experience.
Sellers can minimize their total fee amount by keeping resale prices close to original value and selling multiple tickets at once. But overall, paying the mandatory resale service fee allows the benefits of Ticketmaster’s fan to fan protections.