Reverb Payout Calculator
Selling gear on Reverb.com is a great way for musicians and gearheads to earn extra cash by offloading unused instruments, pedals, or studio equipment. However, after the sale is made, your final payout isn’t the same as the price you listed. Reverb charges selling fees, payment processing fees, and you might have shipping expenses to handle.
This is where the Reverb Payout Calculator becomes incredibly helpful. It provides a simple, instant estimate of your actual earnings after all the common deductions are taken into account. Whether you’re a casual seller or a professional gear flipper, knowing your net income helps you price smarter and avoid surprises.
Formula
To calculate your payout from a Reverb sale, use the following formula:
Estimated Payout = (Sale Price + Shipping Charged to Buyer)
− (Reverb Selling Fee)
− (Payment Processing Fee)
− (Your Actual Shipping Cost)
Here’s a breakdown:
- Reverb Selling Fee: 5% of the sale price.
- Payment Processing Fee: Usually 2.7% of the total transaction amount (sale price + shipping).
- Shipping Cost: What you actually paid to ship the item.
How to Use the Calculator
Using this Reverb Payout Calculator is incredibly simple:
- Sale Price ($): Enter the price at which your item sold.
- Shipping Charged to Buyer ($): Enter what the buyer paid for shipping (if any).
- Your Actual Shipping Cost ($): Enter what you paid to ship the item.
- Payment Processing Fee (%): Enter the processing fee percentage (2.7% is typical for Reverb).
Click Calculate and the calculator will show your Estimated Reverb Payout.
Example Calculation
Let’s say you sell a guitar for $1,000 and charge $50 for shipping. You pay $40 to ship it, and the payment processor charges 2.7%.
- Total Received: $1,000 + $50 = $1,050
- Reverb Fee (5%): $1,000 × 0.05 = $50
- Processing Fee (2.7%): $1,050 × 0.027 = $28.35
- Shipping Cost: $40
- Estimated Payout = $1,050 − $50 − $28.35 − $40 = $931.65
So you’d earn $931.65 after all deductions.
FAQs
- What is the Reverb Payout Calculator?
It’s a tool that estimates how much money you’ll take home after selling an item on Reverb, minus all fees and shipping. - Does Reverb always charge a 5% fee?
Yes, typically 5% of the sale price is charged as a selling fee. - What’s the standard processing fee?
The payment processor usually charges 2.7% of the total amount collected. - Do I pay a fee on shipping too?
Only the processing fee applies to the shipping portion. The 5% selling fee is based on the item price only. - What if I offer free shipping?
Enter $0 for “Shipping Charged to Buyer” and input your actual shipping cost. - Can this calculator work with international shipping?
Yes, just use your actual shipping cost regardless of location. - Does this calculate taxes or customs?
No, it only handles fees and shipping. Taxes are handled separately by Reverb. - How accurate is the estimate?
Very accurate for standard sales. Minor variations may occur due to local taxes or special promotions. - Can I change the processing fee percentage?
Yes, the calculator allows you to input your specific rate. - Is this tool free?
Yes, it’s a free online tool for all Reverb users. - Does Reverb offer bulk discounts on fees?
In some cases, large volume sellers may negotiate lower fees, but that’s not typical. - What if I canceled the sale?
You won’t pay Reverb fees unless the sale is completed. - Can I use this for bundles or multiple items?
Yes, just input the total sale and shipping values. - Does this tool account for refunds or returns?
No, it only estimates payout based on a successful, completed sale. - Is the calculator mobile-friendly?
Yes, it works on any modern mobile browser. - Can I embed this tool on my own site?
Yes, since it’s HTML/JavaScript, you can add it to your website easily. - What’s the advantage of knowing the payout?
It helps with better pricing strategy and financial forecasting. - What if I’m paid in another currency?
Convert your values to USD before inputting, or adjust for your local currency manually. - Is this calculator only for sellers in the U.S.?
No, it’s global-friendly. Just use your local values and fees accordingly. - Does Reverb update their fees?
Occasionally, yes. Always check Reverb’s latest seller policies for up-to-date numbers.
Conclusion
Selling music gear on Reverb can be rewarding, but understanding the final payout is key to setting the right price and maximizing your profits. The Reverb Payout Calculator takes the guesswork out of the equation, offering a fast, reliable estimate of your take-home amount after standard deductions.