Has anyone else been using StockX?

[urn0tlike]

Business must be down. They are doing away with the 3% fee for sellers

 

[sneeker]

Lol listen man ANY flaw, even the tiniest one StockX will deny you.

Like I always preached time and again, SX authentication process is a SHAM.

 

[d e beatup]

I hadn’t ordered anything from there since 2018, figured I’d treat myself with some of my annual bonus.

When the hell did they add a 10% verification fee? Raised the total price of my bid by goddamn 41 dollars

 

[architect]

I hadn’t ordered anything from there since 2018, figured I’d treat myself with some of my annual bonus.

When the hell did they add a 10% verification fee? Raised the total price of my bid by goddamn 41 dollars

It's a joke. I'm done with Stockx.

 

[urn0tlike]

And that fee is back

 

[truenike81]

Those fees kill the already resell price for the shoe

 

[Public Enemy]

 

[shazay]

What’s the turn around for payout on stockx these days? I haven’t sold anything over a year but have a baby coming so it’s time to make some cuts. Is the GA warehouse still doing some shady ****?

Man I hate that seller level gets reset.

 

[zeroregret]

What’s the turn around for payout on stockx these days? I haven’t sold anything over a year but have a baby coming so it’s time to make some cuts. Is the GA warehouse still doing some shady ****?

Man I hate that seller level gets reset.

Yea... the seller level getting reset every quarter is really annoying. Just forces you to be active constantly. In terms of payout, I usually get it within 2-3 business days of shipping. Usually 1 day to get to the warehouse but I guess it depends where you're located and 1-2 to get authenticated and usually get paid out same day.

 

[dblplay1212]

I hit tier 4 at one point when I was sizing down the collection. As it updated, it gradually came down but the instant payout stuck for whatever reason so I still get paid when I ship it. Used to be immediately but now it hits at like 11pm on the day I ship.

 

[crumps brother]

Anyone get a 1099 from any selling platforms?

 

[dblplay1212]

Anyone get a 1099 from any selling platforms?

I never have. I downsized a lot in 2022 and 2023, about $75k over the 2 years on stockx, and they didn't send me anything. I know there was talk of changes but I haven't received anything.

 

[shazay]

Anyone get a 1099 from any selling platforms?

In my experience stockx sends them but not goat.

 

[dblplay1212]

In my experience stockx sends them but not goat.

Do they email it to you? Does it show somewhere in your account? I was surprise I didn't get one in those years.

 

[shazay]

Do they email it to you? Does it show somewhere in your account? I was surprise I didn't get one in those years.

Usually they send an email end of January (“tax forms available”). Then you log on stockx on desktop (won’t work on app/mobile) and go to edit payout settings and hyperwallet and the 1099 is in there.

 

[dblplay1212]

Usually they send an email end of January (“tax forms available”). Then you log on stockx on desktop (won’t work on app/mobile) and go to edit payout settings and hyperwallet and the 1099 is in there.

Under the wallet tab, I have buying info and selling info, both linked to paypal, then payout setting and gift card info. That's all I see.

 

[zeroregret]

I hit tier 4 at one point when I was sizing down the collection. As it updated, it gradually came down but the instant payout stuck for whatever reason so I still get paid when I ship it. Used to be immediately but now it hits at like 11pm on the day I ship.

They changed the payout to only do 1 lump payment at the end of the day instead of multiple payments during the day. Prob to save on cost. If I sold multiple items in the past, they used to pay me for each item after it was verified. Now it's all lumped at the end of the day and you get 1 big payment.

 

[dblplay1212]

They changed the payout to only do 1 lump payment at the end of the day instead of multiple payments during the day. Prob to save on cost. If I sold multiple items in the past, they used to pay me for each item after it was verified. Now it's all lumped at the end of the day and you get 1 big payment.

Yep, same. I'd send a bulk box with 5 pairs and get 5 transfers like an hour later. Now it's one late at night.

I'm only level 2 now but somehow still have access to the pro side. It makes listing pairs sooooo much easier. Biggest perk is it lists pairs for 365 days, not the max of 90 on the regular side. No clue why I still have access.

StockX Pro

pro.stockx.com

 

[dblplay1212]

Nevermind, I see they lowered it to Level 2 and up. Used to be 3 or 4.