Question: Why Are Ticketmaster Fees So High?

What is reservation fee?

The term reservation fee, refers to the fee charged by a hotel for booking a room.

It is very similar to a Security Deposit – meaning it is paid in order to secure the room of the buyer.

Though it is only then refundable if the buyer cancels the booking before the fees deadline..

Is the service fee a tip?

Simply put, a gratuity included in a bill is not a tip. … If distributed to an employee, service charges constitute non-tip wages paid to the employee and should be treated as regular wages for tax withholding and filing purposes.

What is stubhub’s service fee?

“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 sellers are charged a 15% fee.

Which is better Ticketmaster or StubHub?

Stubhub has the most inventory of any reseller, but it doesn’t always have the best deals because of its fees. Ticketmaster tends to have a great selection but it also has lots of hidden fees and generally non-transparent pricing. The Ticket Exchange is a peer to peer marketplace for select sports teams.

In short, a booking fee is a charge that a ticketing company add onto the price of a ticket they are selling. … The problem is created by there being no booking fee law set in place to cap what the ticketing agencies charge, it is totally legal for a ticketing company to charge whatever they want as a booking fee.

Why are service fees so high?

Organizers value the infrastructure larger sites might promise, but don’t want to pay for their service out of pocket. High fees allow them to rend the cost to use a ticketing service costless by pushing this cost to ticket purchasers. Ticketing sites can act as the boogeyman to collect these fees.

Why is the service fee so high on Ticketmaster?

Ticket prices are usually determined by the venue and performer so if the performer is popular and demand is high, then ticket price is expensive. Ticketmaster and all resale sites charge so called Service Fee which is going to be their revenue. … The fees are such so Ticketmaster generates revenue themselves.

Why is the service fee so high on stubhub?

Sellers are setting their prices so that, once fees are added, the buyer will be willing to pay the overall price. If Stubhub didn’t charge fees, the sellers would in turn list the tickets for higher prices. … They have fees but they’re much less than stubhub.

What is service fee for concert tickets?

“Service fees are essentially what help companies like Ticketmaster to turn a profit. They’re basically fees that get added onto the base price of whatever your ticket is and it helps them to stay in business,” Blanco says.

Which ticket website has lowest fees?

Best sport ticket sites 2020: How to score the best seats for the lowest priceSeatGeek. Our top pick, with great prices and an accessible website and app. … StubHub. A great ticket website designed for sports enthusiasts. … Razorgator. Best sports ticket site for low prices and low fees. … Vivid Seats. … Ticketmaster.

How do I avoid service fees for concert tickets?

The facility charge is collected for the venue and taxes may apply. The only way to avoid the high service fee is to buy at the box office. You lose the convenience but may keep $15 to $20 per ticket.

Is a booking fee the same as a deposit?

Retainers and booking fees work the same as deposits, except these fees are not refundable.

Why is stubhub cheaper than Ticketmaster?

It’s the same reason why sometimes tickets are listed higher on Stubhub as they are/were on Ticketmaster: prices are set by individual ticket owners, pricing based on demand. … When this happens, pricing in the open market (stubhub) tends to go well below the Ticketmaster (or primary market) price.

How do I avoid Ticketmaster service fees?

Buy tickets at the venue if available. If you buy online, no matter where, you will be paying fees most likely. Either it is built into the price of the ticket, or you will be charged a fee. The best way to avoid Ticketmaster/Live Nation fees is to purchase directly from the venue box office.

Why do you have to pay a booking fee?

The service fee (also called booking fee) is what’s added to the ticket price by the agent to “cover their costs”. … I understand that they need to cover the manpower, the credit card costs and the technology required to process my purchase, as well as make a reasonable profit.