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4. Fees & Payments

What fees are there?

Payment methods Auction Zone accepts

What fees are there?

LISTING ITEM fees:

Listing items on Auction Zone is 100% FREE for items that have no special features associated to the listing.
(ie: Extra Features)

EXTRA FEATURES fees:

When listing items to sell you can specify extra features to allow the advertisement to be more appealing or suitable for your needs, fees are:

Bold	$0.40
Highlighted	$0.60
Home Page Featured Item	$5.50* (*Limited time only - usually $11.00)
Category Featured Item	$1.10* (*Limited time only - usually $3.30)
Additional picture after the first FREE picture	$0.05 each
Reserve Price	$1.10 (if you want your item to have a minimum price that must be reached for the item to sell.

SOLD ITEM Fees:

Upon the sale of any item you sell on Auction Zone a ‘Final Value Fee’ (FVF) will be charged. This fee is reduceable as your Membership Level increases (see Membership Levels & Benefits) with up to a 50% discount available off the FVF.

Fees payable are applied as follows:

Item Sale Price	Fee
$0.0-$5.00	$0.25 cents
$5.01-$100.00	$0.25 + 3.50% of sale price over $5.00
$100.01-$500.00	$3.57 + 2.75% of sale price over $100.00
$500.01-$2500.00	$14.57 + 2.00% of sale price over $500.00
$2500.01+	$54.57 + 1.25% of sale price over $2500.00

Final Value Fee (FVF)
The maximum Final Value fee payable for any one auction being sold is:
* $165 for 'Real Estate and Property'
* $99 for all other categories.

Final Value Fee (FVF) Example:
You sell a DVD for $15.00.

First $5.00 has a 25 cent fee, the next $10.00 would be a 35 cent fee (ie: 3.5% of $10.00). Therefore the total Final Value Fee (FVF) that Auction Zone will bill you for is 60 cents, less if you have a membership level discount.

Invoices & GST
Invoices will be emailed to you once a month whenever your account reaches $5.00 or more.

ALL FEES IN AUCTION ZONE ARE INCLUSIVE OF GST (Goods and Services Tax).

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Payment methods Auction Zone accepts

Payments can be made to Auction Zone by one of the following 4 options:

1) MONEY ORDER:

Australian Money Order made payable to ‘Sykes Technology Pty Ltd’.

Any Money Order payments need to be posted to:

     Auction Zone
     PO Box 779
     Rozelle, NSW, 2039

2) ACCOUNT DEPOSIT:

Direct Account Deposit into this account:

     Account Name: Sykes Technology Pty Ltd
     Branch: Westpac
     BSB: 032006
     Account No: 172213

3) PAYPAL: (Fee applies)

Paypal payments can be made only if the payment is $20 or more.

All Paypal payments for Auction Zone need to go to this email address account: roy_sykes@auctionzone.com.au

4) CHEQUES: (Fee applies)

Bank/Personal Cheque made out to 'Sykes Technology Pty Ltd'.

Any Cheques need to be posted to:

    Auction Zone
    PO Box 779
    Rozelle, NSW, 2039

A $1.10 administration fee will apply for any cheques or Paypal payments for Auction Zone member fees that are processed. (This does not apply to any item purchases from Auction Zone, only Member Fees.)

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