Can I sell my tickets on StubHub for more than face value?

Pricing tickets above face value Print

When you list tickets on StubHub, you can price them however you'd like.

How to sell tickets above face value?

In order to resell tickets at more than face value, the ticket broker must sell the tickets from a permanent location in the state and on a regular and ongoing basis. Ticket brokering must be the principal business at this permanent location and the broker must display their ticket broker registration.

Is it illegal to sell concert tickets above face value?

In California, ticket scalping is illegal when done on the grounds of the event. This is a misdemeanor charge that carries a fine as high as $1,000. While that may be illegal, it is legal to purchase resale tickets online from valid ticket websites such as SeatGeek, StubHub, and Ticketmaster.

Can you sell concert tickets for more than you paid?

The mere mention of the word scalping brings to mind shady characters loitering on street corners, selling concert tickets for a higher price to people who could not get one for themselves before they sold out. Indeed, scalping is illegal in many places. However, there are legal alternatives to scalping.

How much does StubHub keep when you sell tickets?

It is free to list tickets for sale, and to search for tickets to buy on StubHub. On each completed transaction, the buyer pays a 10% fee, and a 15% fee is deducted from the seller's payment. For example, on the sale of a $100 ticket, the buyer would pay $110. The seller would net $85.

HOW TO LIST AND SELL TICKETS ON STUBHUB | THE COMPLETE GUIDE

Is it better to sell on TicketMaster or StubHub?

Ticketmaster is great for those who purchased their tickets through their platform, and who want an easier time selecting the tickets they want to sell. StubHub, on the other hand, is the better option for selling tickets purchased from any platform, and it will allow sellers more flexibility with selling prices.

Do I have to pay taxes on tickets sold on StubHub?

You may not receive a 1099-K form but still owe taxes on a resale. For example, if you bought a concert ticket in 2022 for $75 and resold it on StubHub for $100, you would owe federal taxes on the $25 gain.

Is it illegal to resell tickets for profit?

The difference between football touting and other touting is quite clear – it's perfectly legal to resell a ticket to a concert or other entertainment, because one of the main reasons for the original 1994 Act was to stop the possibility of rival fans being enclosed in the same section.

What is it called when you buy tickets and sell them for more?

Ticket resale (also known as ticket scalping or ticket touting) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets.

Can you resell tickets for profit?

Reselling tickets to concerts and sporting events

If you're looking to resell tickets for an in-demand concert, festival, or sporting event, Ticketmaster and StubHub should be the first on your list. These marketplaces are super secure and well known, so you'll have the best chance to sell your tickets at a good price.

Is it risky to sell tickets on StubHub?

The bottom line: Yes, StubHub is legit, and they're a safe option for buying and selling tickets online. At the end of the day, every online transaction has its risks. It may have happened to some StubHub buyers and sellers, but most online-based companies have their share of customer horror stories, too.

Is it illegal to sell and item for more than face value?

No, it is not illegal to purchase items and then resale them for a profit. This is how businesses make their money. If you purchase them legally, they are yours. You can sell them any way you wish..

Can you sell tickets on StubHub for less than face value?

StubHub is a marketplace where fans buy from and sell tickets to one another. This means sellers set the ticket prices. They may sell them for more or less than face value.

Can you resell tickets on StubHub for a higher price?

When you list tickets on StubHub, you can price them however you'd like.

Is it easy to resell tickets on StubHub?

It has never been easier to sell tickets using StubHub. I would recommend it to anyone who is looking to sell tickets. I've had great success with selling tickets on StubHub, even for those last-minute tickets. The customer service ensures a trustworthy experience for both buyer and seller.

Is it legal to resell tickets on StubHub?

Because it's completely legal. Some States are not allowing the scalping on site but online is totally fine. There are so many secondary ticket marketplaces like StubHub and as long as they disclose they're resellers and ticket pirces are higher tham the face value, then there's nothing wrong to resell the tickets.

Why are my tickets not eligible for resale?

Not all events or tickets are available for Fan-to-Fan Resale. If the button doesn't appear, is grayed out or you receive a message that the Event Organizer hasn't activated resale, your tickets aren't eligible for resale. In order to resell your tickets for events in the U.S., you must have a U.S. bank account.

Can you resell tickets on Ticketmaster for a higher price?

I bought a ticket on the Exchange and now I can't go, can I list it on the Exchange? Of course! You can pass on that same great ticket to another fan for the price you paid. Sign in to your Ticketmaster account and tap on your order to view your ticket(s).

Is scalping tickets legal?

According to the scalping laws in the state of California, a person who scalps tickets to an entertainment event, such as a movie premiere or a sold-out concert, will be considered to have committed an illegal act unless they have written permission to sell a ticket from the owner or operator of the venue.

Why is it called scalping tickets?

scalper (n.)

1650s as a type of surgical instrument; 1760 as "one who takes or removes scalps," agent noun from scalp (v.). The meaning "person who re-sells tickets at unauthorized prices for a profit" is by 1869 in American English; the earliest reference is to theater tickets, but it more often was used late 19c.

How can I resell my tickets fast?

How are ticket resales taxed?

Any profit made from reselling concert tickets is taxed like ordinary income, said Chris Diodato, founder of WELLth Financial Planning in Palm Beach Gardens, Florida. That can range from 10% to 37% based on your income and marital status. Those who receive a 1099-K definitely need to report it, he said.

What happens after I sell my tickets on StubHub?

When your tickets sell, we'll email you a deadline to complete your sale and deliver the tickets to the buyer. This deadline depends on when you told us you had your tickets (In Hand or Not In Hand). If you don't have them, you told us when you'd have them when listing the tickets.

Will StubHub send me a 1099?

If you meet these reporting requirements, we'll generate a 1099-K and send it to you via U.S. Mail at the beginning of each year. The same information will be sent to the IRS and state tax agencies where applicable. Information you enter on StubHub is secured in accordance with applicable privacy laws.

How do I price my tickets on StubHub?