Trying to look into Ticketmaster resale tickets, but having second thoughts because of the cost?
When it comes to buying tickets, especially for popular events, people often wonder if the tickets available for resale on Ticketmaster are pricier compared to the original ones.
Is this true? Let's find out!
Yes, resale tickets on Ticketmaster are commonly priced higher than regular tickets.
The difference in price occurs because individuals who have previously bought event tickets can choose their own selling prices when reselling those tickets (up to 10% higher than the face value).
Ticketmaster does not control the pricing of resale tickets; instead, it is determined by the sellers themselves. These sellers can be event-goers or season ticket holders who may have bought special ticket types, like VIP or Platinum tickets.
As a result, the resale price can significantly vary depending on the type of ticket and the seller's price.
However, this usually isn’t the real reason that Ticketmaster resale tickets cost more.
The real reason that these tickets cost more is that Ticketmaster charges a $14.95 transaction fee on all resale ticket purchases, which results in them costing more than a primary ticket (which usually has fees of about $5-10).
In instances such as event sell-outs, those who missed out on the initial release may turn to the resale market as their last chance to secure entry.
The desire to attend a highly sought-after event can often outweigh the premium price of resale tickets.
Whether it's being close to the stage, in the front row, or situated in a particular section, resale tickets can offer the opportunity to secure seats that might no longer be available.
For many, the experience of a lifetime from a front-row seat is worth the additional cost.
Due to the high fees that Ticketmaster impose on resale tickets, they generally aren’t worth it if there are plenty of primary tickets still available.
Only once an event is sold out (or close to it), should you consider the resale tickets.