On this page: Orders and Statuses • Pending Payment • Being Filled • Shipped • Archived • Feedback • Box Shipping • Seller Payments & Fees • Monthly Fee Schedule • Payment Processing Fees • Minimum Value Fee • Payment Timing • Payment Holds • Seller Expectations
Once a buyer completes checkout (or wins an auction), the purchase becomes an order. Orders move through a series of stages depending on the shipping method selected.
These are orders that have been created but have not yet been paid for. This status is most commonly used for auction orders.
These are orders that have been paid for, but you have not yet marked the order as filled.
These are orders that have been marked filled by the seller and are in transit to the buyer.
Archived orders are older orders that can be referenced if needed. These orders have passed the time period where formal issues can be filed, but buyers can still contact the seller if required.
Feedback is the final stage in the order lifecycle. Buyers can leave feedback once the order is completed.
Box Shipping allows buyers to consolidate multiple orders into a single shipment from Sportlots. This saves sellers postage and creates an easier fulfillment process, allowing them to pass this savings on to the buyer.
For Box orders, you will see the same early statuses (Pending Payment and Being Filled). After you mark a Box order filled, it moves into Box-related stages such as En Route to Box and In Box while Sportlots receives and processes the shipment.
Sportlots fixed priced fees are based solely on the total sales the seller generates each month. There are no listing fees, so the seller can load as many cards as they like to the site. If no cards sell, there will be no charges. Sales are defined as the selling price of the card (minus loot applied). Postage rates are also not part of this calculation and sellers receive 100% of the postage they charge.
Sportlots uses a tiered percentage of total sales for the following reasons:
If a potential seller has a question whether their collection is large enough to sell long-term in Sportlots fixed priced format, feel free to use the "Contact Sportlots" link provided on Sportlots.com. Be sure to include as much information about the cards to be sold and Sportlots may be able to help provide some insight into whether or not the fixed price format is worth the effort. There are many factors including the type, quantity, quality, price and customer service that can be provided. So it's always difficult to know exactly how well a particular seller will do. But Sportlots may be able to provide some insights and help the potential seller make that determination. The last thing Sportlots wants anyone to do is spend a lot of time and effort loading cards just to find out it wasn't worth the effort. Selling in the fixed priced format is a large commitment and some thought should be taken before starting.
Here is the Sportlots Fixed Priced Fee Structure:
| Low Amt | High Amt | Fee Pct. |
|---|---|---|
| $0.00 | $4.99 | 75% |
| $5.00 | $24.99 | 50% |
| $25.00 | $49.99 | 35% |
| $50.00 | $99.99 | 27% |
| $100.00 | $199.99 | 23% |
| $200.00 | $299.99 | 20% |
| $300.00 | $499.99 | 18% |
| $500.00 | $999.99 | 17% |
| $1000.00 | $1499.99 | 16% |
| $1500.00 | Above | 15% |
To encourage the sale of higher valued cards, Sportlots only applies a portion of the sale of these higher priced cards toward the above fee schedule. Cards with selling prices between $5 and $15 will only have 50% of the sale price above $5.00 applied to the above fee schedule. While cards selling above $15.00 will only have 25% of the sale price above $15.00 applied to the above table.
Here's an example of how this works. In this example, let's say a seller sells a $50.00 card.
| First / Next | Applied to the fee schedule | Applied |
|---|---|---|
| First $5.00 | 100% applied to the above fee schedule | $5.00 |
| Next $10.00 | 50% applied to the above fee schedule | $5.00 |
| Next $35.00 | 25% applied to the above fee schedule | $8.75 |
In this example, the seller only had $18.75 of the total $50.00 applied to the fee schedule above, giving this seller $31.25 in sales with no fees that applied.
At the end of the month, it is possible (but unlikely) that the "Applied Sales" could have a negative impact on the total fees paid. If this occurs, Sportlots will revert to not applying this feature to insure that the seller will always pay the lower fee.
Sellers are also required to pay any PayPal/Credit Card transaction fees that are incurred when buyers pay with PayPal or Credit Card.
All Paypal fees are not reversed if the buyer is refunded for any reason. Refunds to the buyer are not refunded back to the buyers PayPal account, instead the refund is given back to the buyer in the form of a credit that can be reused back on the site for additional purchases. Therefore, PayPal fees are not recovered.
One important point to note is that, in rare situations that the Paypal fees could be a significant portion of the sale, especially when a buyer is purchasing just a couple common cards from a single seller. There is no good solution to this situation for the seller when this occurs. Here's why:
We know that giving Paypal all of the sales for a small order is a tough pill to swallow. What we ask is that sellers look at the Paypal transactions fees as a monthly cost of doing business instead of looking at these fees on an order by order basis. In most cases, these fees will then look less significant and more acceptable with the knowledge that about 80% of our sales come through Paypal.
As of the December 18th release, Sportlots applies a $1.50 Minimum Value Fee (buyer-facing) to orders under $5.00. This helps cover payment processing costs on very small orders.
Seller payouts are processed on a monthly schedule based on the payment method you selected in Seller Preferences.
In certain situations, Sportlots may place a temporary hold on seller payouts (or a portion of payouts) to protect the marketplace and ensure buyers are made whole when required. Holds are typically associated with unresolved issues, repeated fulfillment problems, or account enforcement actions.