Bought tickets to a Charlotte concert you can’t attend? Here’s how to price and sell them
When concerts are announced, those who want to attend often buy tickets months or even years before they start to secure seats.
Unfortunately, plans for live events can change without notice.
Billy Joel’s highly-anticipated concert at Bank of America Stadium was rescheduled twice due to the COVID-19 pandemic and is now set for April 23.
At least 20 other concerts around the country featuring musicians like Adele and Elton John were postponed because of the pandemic, Billboard reported, leaving fans to decide if they want to wait to see their favorite artists, or sell their tickets.
If you can’t make it to a concert and don’t want your tickets to go to waste, here’s how to price them to sell online.
How much should you sell your tickets for?
LendingTree suggests determining the value of your tickets by comparing the original price you paid for your ticket, and how much similar tickets have been resold for.
If you list your tickets on online marketplaces, consider increasing or decreasing your sale price depending on how many other tickets are for sale and how much time is left before the event starts, LendingTree says. For example, if you have tickets to a concert two weeks away, and there are only a few others available, you could raise the price of your tickets.
To increase the chance of someone buying your tickets, you should post them on multiple platforms and promote your listing on social media, according to LendingTree.
What online platforms can you use to sell your tickets?
You should only use trustworthy sites that guarantee tickets for buyers and ensure local laws are followed to resell your tickets, the Better Business Bureau says.
Here is a list of other reputable online ticket resale platforms:
Ticketmaster, for example, will email you once your tickets sell through its website. You’ll receive your payout typically within seven days after the event.
Other ways to sell your tickets
Though online ticket resale platforms are convenient, they can charge up to 15% of the final sale price of your tickets, according to LendingTree.
It is advised to avoid seller fees, you can ask family, friends, or coworkers to buy them or post your tickets on social media before listing them online.
