EBay has announced that it is supporting sellers by dramatically lowering fees. EBay says it has lowered its Buy It Now express listing fee by more than 70%. The new flat rate for fixed-price auctions is $.35 for a 30-day listing.

The change in pricing takes place on September 16th and eBay claims the new listing fees are the most competitive pricing it has ever offered to sellers. Many longtime eBay users will remember the last time eBay claimed to have reduced fees, it actually increase them by adding more cost to the final value fees.

EBay has not made any change to its bread-and-butter bidding style auctions the vast majority of eBay sellers use. Many eBay users are fed up with the auction house and are practically begging for competitors to eBay, myself included. According to eBay, selling a $200 item via a fixed-price auction would cost the seller $11.10 with final value fees and insertion cost. You still have to figure in the cost of PayPal, which you can guarantee 99% of the time you have to use to sell on eBay.

Via eBay