All of the above, and then some. As for fees: you pay a fee when you list, you pay a fee when it sells, they you pay another fee when they pay with paypal (an ebay owned company). Thats 3 fees to sell one item. If its a foreign currency transaction the exchange rates are always skewed in the favour of paypal, and when you want to transfer the money from paypal to your bank account, some transfers are hit with a fee also. Ebay tried to make it so that the only payment method in Australia was paypal and other methods of payment (eg direct bank transfer) were not allowed. They sent out a message informing their customers that this would happen, then had to retract the statement and not proceed, since doing so was a violation of Australian law. So now they force us to offer paypal as a payment method, but we are still allowed to accept payment methods that don't have any fees involved. I've been using a local alternative when I need to, called www.oztion.com.au because its free to list, and you only pay a fee when it sells. (there's a 1 cent relisting fee, but you can avoid that if you really want to by creating a new listing for the item, instead of clicking the relist button). You aren't forced to accept paypal as a payment method.