Q: What is Semicentral.com’s commission and what does it cover?
Answer
Registration and Listing components for sale is free.
When your components sell, we collect a commission equal to 20% of the total amount of the sale.
We deduct the 20% commission automatically before we send your payment.
Please keep this in mind when deciding on the sale price of your components.
For example, if you list one component for $100.00 and someone purchases that component
for a total sale of $100.00, Semicentral.com’s commission will equal $20.00 and your
payment will equal $80.00.
The 20% commission helps us maintain a safe, secure place to buy and sell components.
Our system ensures a convenient, reliable service you can trust.
When you sell at Semicentral.com, you get the following benefits:
- An open marketplace to accommodate the greatest number of potential sellers,
which in turn, attracts more buyers.
- No listing fees.
- The ability to choose your sale price and change it at any time, 24 hours a day.
- International marketing programs and media partnerships to help market your
items and attract more buyers.
- Privacy protection. We don’t reveal your identity to buyers or anyone else.
- Toll free customer service – seven days a week – to answer your questions.
- Guaranteed payment when you fulfill your order.
Q: My components have sold. What do I do next?
Answer
As soon as your components sell, we’ll send you an order notification email.
Follow the link in the email to log into your account and confirm the order –
even if you no longer have the parts. The confirmation page will appear showing the following:
- Confirming orders. If you have the components and can ship them immediately.
- Confirming that you cannot fulfill the order. If you no longer have the parts you sold.
Please confirm all orders within 24 hours as per the seller agreement.
If your order remains unconfirmed for more than 24 hours from the time of your email notification,
we may choose to cancel the order and find alternative components for the buyer.
Your seller ratings are affected by your order acceptance ratios, an important
measurement that buyers will see when choosing to buy a particular inventory.
Failure to confirm orders will impact your seller rating and may result in the closure
of your account.
Q: When will I get paid?
Answer
We will process your payment 7 days after we verify the buyer received the components.
Payment will be made by direct deposit into your bank account.
Q: Why do I have to wait 7 days for the payment to be processed?
Answer
Ensuring accuracy and quality is our top priority and is in the best interest
of both buyers and sellers. A 7 day period allows the system to collate shipment
accuracy information and calculate seller rating data.
Q: How do I set prices on my components?
Answer
It’s up to you to decide the sale price of your parts. Enter your desired price per item listed.
Remember, when your items sell, we collect a 20% commission from each sale, which we deduct prior
to sending your payment. Be sure to keep this in mind when deciding on a price.
To help you decide on a price you might look at the sale price of other listings for the same item.
Or you can use the MSRP to give you an idea of what the market value of your components may be.
We cannot guarantee that your items will sell. We don’t collect a commission if your components
do not sell.
Q: I no longer have the components listed for sale. What should I do?
Answer
If you no longer have the components you listed, deactivate or delete the listing immediately.
If you receive an order for items you no longer have, you must inform us of your situation.
The sooner you let us know, the better we can assist the buyer. This will reduce the likelihood
of receiving a poor seller rating.
Q: Why do you have to authorize my credit card?
Answer
We ask for a valid credit card or debit card to verify your account information.
As part of our guarantee, this security measure helps protect against fraudulent charges
and invalid listings. You must stand behind the authenticity of the products you sell on
semicentral.com. By providing this information, you are helping to make the semicentral.com
marketplace more secure
We accept Visa or MasterCard debit cards or Visa or MasterCard credit cards.