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Is it illegal to sell tickets above face value on StubHub?

Is it illegal to sell tickets above face value on StubHub?

No person, other than a registered ticket broker, may resell a ticket for more than a 20 percent premium or $3, whichever is greater, over the face value. Ticket brokers may not resell tickets at a premium in excess of 50 percent of the price paid to acquire the ticket, plus lawful taxes.

Can you sell tickets below face value on StubHub?

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.

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Is selling tickets for more than face value illegal?

In New South Wales it is against the law to resell tickets above the original value plus 10 per cent. The NSW laws also include a protection for consumers preventing tickets that have been resold at or below face value plus 10 per cent being cancelled by event organisers.

Why is my StubHub price different?

Sometimes we discount tickets for some events on StubHub. This is why your ticket price on site may be lower than what you listed. Showing lower prices helps to maximize the tickets you sell on StubHub. If your tickets sell, we’ll pay you the price you first listed.

Is scalping tickets still illegal?

In the US, ticket scalping is the practice of buying and reselling event tickets by private citizens, rather than by the sponsoring venue or organization, usually at a much higher price than their face value. Laws about ticket scalping vary by state, and there is no federal law that prohibits the practice.

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Is scalping illegal?

Gaming console scalping isn’t illegal. People are free to buy something and resell it at whatever price they want. It’s your right once you own a piece of property.

What does value mean on StubHub?

A good value is when the price of a seat is lower than what we call the “predicted value”, which is based on info like price, location and historical data. The seats that are priced lower than the predicted value will be shown up front. They’re the best deals.

Is scalping against the law?

Can you negotiate prices on StubHub?

Can I counter the offer with a price of my own? No. Once we present the offer while you’re listing, you can either accept or decline it.

When should you lower price on StubHub?

You just have to give it time and keep checking back. Typically, as the event date gets closer, ticket holders selling on the StubHub marketplace will lower their prices so as to get rid of the inventory of tickets they have, for better to make money at a cheaper rate than to completely lose your profit.