On February 28, we will be sunsetting Reverb LP. Read more here.
Reverb LP charges a 6% selling fee per item sold on the Reverb LP website, with a maximum fee of $350. This selling fee would be based upon the total cost of the sold album without the shipping total included. You may remove your listing whenever you'd like without being charged a fee, as well.
The maximum fee discussed above is based on transactions in the United States and USD, but the maximum transaction amount and fee may differ by the country and currency when payouts in multiple currencies are available on April 1, 2018:
Regardless of what type of payment you accept, there will also be a payment processing fee that is deducted directly from your buyer's payment. Reverb's Reverb Payments fee is slightly less than PayPal's. To learn more about Reverb Payments for your Reverb LP Shop, you can visit this page.
If you use Reverb Payments, the 6% selling fee, as well as any payment processing fees, or shipping label charges are automatically deducted from the payout of your sold items at the time of sale. For example, if one item is sold on April 5 and another on April 22, the fees are automatically taken out from the payment of each item. This eliminates month-end charges and streamlines your billing process. If for some reason these fees cannot be deducted from your payout, they are added to your month-end bill.
You can always check your Earnings Tab in your Reverb account for a breakdown of exactly what was withheld from your payout and why.
Note: International transactions may incur an additional 1% cross-border fee.
If you choose to list your item in a different currency than you receive your Reverb Payments payouts in, a 2.5% currency conversion fee will be assessed on the subtotal of your payout, after your regular payment processing fees.