Palmstreet Selling Fee Update

Hello Palmstreet Selling Community!

In our continued efforts to communicate with transparency about upcoming platform initiatives, we would like to inform you about our upcoming fee updates for all future new sellers.

Please note:

• Existing sellers of Palmstreet will not be affected by the upcoming fee changes.
• For anyone that has gone LIVE or earned a minimum of $100 on our platform, they will continue on with the current selling fee structure.

All future sellers who join Palmstreet and go live starting March 1, 2025 will have the following selling fee structure:

• Monthly Fee: $0
• Selling Fee: 6.9% across LIVE, Purge, and Marketplace
• Number of LIVEs and/or Purges: 18 per month
• 3rd-party payment processing fee: Unchanged from current rates

You can check your current selling plan by going to Settings > “My seller plan” for more information. As an existing seller of Palmstreet, your selling fee rate will stay at the percentage associated with your selling plan and will not increase when the new fee rates are implemented.

If you have a friend who is looking to go live and wants to lock in the current selling fee rates we offer, please encourage them to apply using the link below and start selling as soon as possible!

Application Link

If you are a seller looking to apply to our Foundation program for an even more discounted selling fee and additional platform benefits, you can read and apply here!

Please tune in to our Palmstreet Town Hall on Tuesday, 2/4 at 7pm EST or our Seller Q&A on Thursday, 2/6 at 2pm EST for more information, or reach out to our customer support team at @palmstreetsupport in the app to ask questions.

As always, we value your commitment and dedication to our platform. We look forward to a continued partnership with you this year!

The Palmstreet Team