I like reverb, and I think it’s a pretty great resource, but they raised their rates back in August and it’s left a bit of a bad taste in my mouth. I end up paying almost 10% to just sell something, and that’s before shipping.
What would you find reasonable?
If you want something to sell, you usually have to use their "bump" feature to get it to show up at the beginning of any relevant search results. You give an additional percentage of the sale to get it higher in the listings. If you have a more common item, you usually have to give up a higher percentage to get it noticed.
Once you factor in shipping and everything else, I usually sell most of my items at a loss of 10-25% depending on the item. I've never really made a profit from anything I've sold on Reverb.
I assume they take care of the transaction/payment? Normal creditcard transaction fees are at 2% + $0.25, and this is without providing a market(place).
AppStore takes 30%, Uber/Deliveroo etc take about 15%.