Occasional sellers on eBay are about to get a price break. The San Jose-based company announced Tuesday it will stop charging upfront fees on low-prices items and instead take a cut of the final selling price.
The change goes in effect at the end of March. Sellers will be able to post up to 100 items a month without paying a fee to list them.
eBay hopes the move will lure more sellers to the site.
"Our customers have consistently told us, 'We love free and we love simple,' and that's what we think these changes are about," Norrington told AP.
There is a catch. The item must have a starting bid of less than a buck. Once it is sold, eBay will take 9 percent of the final price or $50, whichever is less.
eBay made a similar fee change in some European markets a couple of years ago.