Why would I sell my SBLs on the Marketplace?
If you are unable to renew your season tickets next season, you can sell your SBLs on the marketplace and receive the proceeds from the sale rather than returning your SBLs to the Ticket Office with no refund of your initial purchase. You can also upgrade your seats if you sell your current SBLs and purchase new SBLs.
How long will my listing be available for sale on the Marketplace?
You may keep your listing for sale on the Marketplace as long as you still own the SBLs. Each new listing is set to automatically expire after 180 days but sellers may renew the listing at any time for an additional 180 days.
What if I want to split up my seats for sale?
If you wish to split up your seats for sale, you should create separate listings and make a note within each listing that the adjacent seats are available in Listing XXXX.
Can I list an SBL for sale that has a remaining financed balance?
Yes. When you create your listing you will be asked if there is a remaining financed balance. If so, you will enter the financing details at that time. The ticket office will review and confirm the remaining balance prior to the listing being available on the website. The SBL(s) must have an asking price that is greater than the remaining financed balance. Once an offer is accepted and the transaction is completed, the appropriate portion of the buyer's funds will go directly to pay off the remaining balance of the SBL(s).
How can I contact a buyer?
All negotiations are private and anonymous. The Marketplace provides a message center for buyers and sellers to communicate about listings.
What is the seller fee?
The seller fee is 10% of the accepted offer amount.
Does the Marketplace report sales to IRS?
Beginning January 1, 2022, the Marketplace is required by law (The American Rescue Plan Act of 2021 (ARPA), P.L. 117-2) to issue a Form 1099-K to the IRS for all sellers who complete $600 or more in sales in a calendar year. Sellers will be required to submit the appropriate taxpayer information as part of the sales process. If the information is not appropriately entered, the Marketplace will contact the seller to input the appropriate taxpayer information into the account. The 1099-K will be filed in January of the following calendar year (for example all sales from 2022 will be reported in January 2023).