Its still free to sell on ebay, they charge the buyer a protection fee:
When purchasing from UK-based private sellers, the Buyer Protection fee is calculated as:
- A flat fee of up to £0.75 per item, and
- 4% of the item price up to £300, and
- 2% of any portion of the item price from £300 to £4,000
They keep hold of your money until the tracking shows the item he been delivered or picked up. I guess thats fair if the buyer is paying for protection and means you'll receive all the money from your sale. I can remember when I paid ebay fees and PayPal fees neither of which apply now
I would imagine they would like to have our money in their bank account for as long as possible which is why they force us to transfer it. I read somewhere its being challenged by someone in the US.