How to Resell Ticketmaster Tickets in Four Easy Steps (2024)

Got a Ticketmaster ticket to a live event you can no longer attend?

A total bummer, right? But don’t toss that concert ticket in the trash just yet. You can recoup your investment and give another fan your seat at the show.

And the cherry on top? You can even make a sweet profit.

Reselling tickets is way easier than you imagine. Here’s everything you need to know about how to resell Ticketmaster tickets.

Is it Possible to Resell Ticketmaster Tickets?

Yes, it is possible to resell Ticketmaster tickets. Don’t fret if you’re a ticket holder who can no longer make the show.

Reselling concert ticketsisn’t a new concept. People have been reselling tickets to live events for years. While the resale ticket price can be higher, it allows fans to secure access to sold-out concerts and sporting events.

What Kinds of Ticketmaster Tickets Sell Well?

Below are the tickets that sell like crazy on Ticketmaster:

1. Concert Tickets

Nothing gets fans more excited than seeing their favorite musicians live in concert. Tickets for solo acts and bands with a devout following can sell out within minutes, even during the presale.

Fans stand in a queue for resale tickets to sold-out shows and are willing to pay extra, even for less desirable seats.

2. Sports Tickets

Tickets for sporting events are always in high demand. Fans can easily wipe out the ticket inventory for playoffs and championship games.

If you have a season ticket, perks like VIP entrance, parking discounts, and invites to exclusive fan events can ramp up the price.

3. Comedy Show Tickets

Stand-up specials take place in smaller venues compared to concerts and games. The limited seating capacity means tickets can be in short supply.

The demand can exceed available inventory, causing the tickets to fly off the shelves in a jiff.

What Is the Value of Ticketmaster Tickets?

The price of resale tickets varies across different platforms and resellers. You should track the ticket resale market to value your Ticketmaster tickets competitively.

The cost of tickets has plenty to do with the popularity of artists or sports teams. Take, for example, Taylor Swift’s Eras Tour, which crashed the Ticketmasterwebsite when tickets first went on sale.

Shortly after, resale tickets skyrocketed, averaging $1,605. In comparison, the average resale price for concert tickets stands at $250 this year.

Some sporting events can also command sky-high prices in the resale market. Ticket resellers have a field day during once-in-a-lifetime showdowns between legendary teams or athletes.

For instance, the least expensive seat for the Floyd Mayweather-Connor McGregor fight sold for $1,675 on a third-party website. A pair of ringside tickets also cost an insane $160,043 apiece on a secondary market.

Do Ticketmaster Tickets Lose Value Over Time?

Sports teams, venues, and event promoters determine the base price of tickets. This price can see-saw over time, depending on demand. That said, resale tickets go down closer to the event as resellers scramble to get rid of them.

Things to Consider When Reselling Ticketmaster Tickets

Here are some factors to consider before putting up your Ticketmaster tickets for resale:

1. Legal Restrictions

Each state has specific guidelines on ticket resale, including licensing requirements, price limitations, and other provisions. For example, New York requiresticket resellersto obtain a license, post a bond, and provide a standard refund policy.

Some states prohibit reselling above base price. A few put a ceiling on the resale price based on a percentage of the fair value.

While ticket resale is legal under federal law, it’s best to check the state or city regulations to navigate the resale market responsibly.

2. Market Demand

Research the market trend for the event you’re reselling tickets for. Famous artists and high-profile sports matchups create greater demand, increasing profitability. Stay informed about current demand and price your tickets accordingly.

3. Competition

The ticket resale market is fierce. In-demand events and limited availability can intensify the competition, driving prices up and making it harder to obtain tickets for resale.

4. Timing of Listing

Determine the ideal time to list your tickets for sale. Consider the event’s popularity, peak time, and ticket availability on the primary market before publishing your tickets. Listing too early or too late can affect your chances of selling your tickets at the desired price.

Where to Resell Ticketmaster Tickets

Here are the most reputable online platforms to resell your tickets right now:

1. Ticket Exchange by Ticketmaster

You have the best shot of reselling verified tickets through the Ticketmaster Resale page. Ticketmaster offers two options: listing from your Ticketmaster account or using the barcode.

On the Ticketmaster app or website, sign into your account and follow the prompts for selling tickets. You’ll have to provide some personal information to get paid, including your tax details.

Or, list ticket for sale without an account. You only have to enter the barcode, and you’re good to go.

What Makes This Option Great

Ticketmaster is the first place fans will go to for live event tickets. The listing is free, and you have complete control over the ticket price.

When using the Face Value Exchange, buyers pay the original price at no extra cost. For more info, go to our Ticketmaster selling tutorial.

• Fees/Commission:Free listing, service fee starts at 5%
• Payment Methods:Debit card for US accounts only or direct deposit to a savings or checking account

2. StubHub

StubHub is a high-traffic secondary market for online ticket exchange. It has a diverse selection of events, such as festivals, concert tours, and sports games.

To deliver a sold mobile ticket, you must transfer it from your account on Ticketmaster. Use the sale info on the email StubHub sends you or the buyer info from the Sales page on the site.

Then, go back to StubHub to complete the sale and confirm the transfer.

What Makes This Option Great

With a huge number of daily visitors, you have a great chance of finding a buyer for your tickets.

StubHub also offers better flexibility with payment methods and managing listings. Plus, you can set the ticket price however you like.

• Fees/Commission:Zero listing fee, 15% commission
• Payment Methods:Bank transfer, PayPal, or prepaid MasterCard via Payoneer

3. Vivid Seats

Vivid Seats is another secondary market for reselling your Ticketmaster tickets. You’ll need to enter the details of your resale ticket, including the following:

• Quantity
• Section
• Row
• Seat number
• Disclosures
• Attributes

That said, you can only sell paper tickets or print-at-home stubs (printable PDF format) on the site.

What Makes This Option Great

Planning to be a professional reseller? StubHub offers the most comprehensive solutions to help you succeed—for free! At StubHub, you’ll have access to these features:

• Direct integration with different marketplaces
• Intelligent pricing tools
• Reports (e.g., inventory and sales)
• Ticket management page

But to qualify for the Large Seller program, you must sell over $10,000 in tickets annually.

• Fees/Commission:Free listing, 10% seller fee
• Payment Methods:PayPal

What You’ll Need to Resell Ticketmaster Tickets

You’ll need the following to get started:

• Verified Ticket: You must have a legit Ticketmaster mobile, PDF, or paper ticket. Then, refer to the ticket information to complete the listing details.
• Tax ID Number:The exchange platform will ask for your taxpayer information for tax purposes on ticket sales.
• PayPal or Bank Account: Depending on the marketplace, you need a valid and secure method to claim your payment.

How To Resell Ticketmaster Tickets: Step-By-Step Instructions

Can You Make Money Flipping Ticketmaster Tickets?

You can make some extra bucks reselling Ticketmaster tickets and even turn it into a side hustle. Learn more below:

What Is a Ticketmaster Tickets Resale Business?

A Ticketmaster tickets resale business involves buying tickets at face value and reselling them at a higher price.

Sellers source their tickets directly from Ticketmaster or through presales and partnerships with ticket distributors. They research the market to identify high-demand tickets, understand price trends, and develop pricing strategies.

Is Reselling Ticketmaster Tickets a Good Way to Make Money?

Yes, reselling Ticketmaster tickets is a good way to make money as a side hustle, if you know what you’re doing. There’s money in reselling Ticketmaster tickets, but before you hoard those concert tickets, let’s break down the benefits and drawbacks of this gig:

Pros of Reselling Ticketmaster Tickets:

• No overhead cost:You can start reselling tickets without significant upfront expenses.
• Instant appeal and marketability:Popular events and long-awaited performances attract legions of fans, increasing ticket demand.
• Huge market: Entertainment and sports have a broad customer base.
• Reasonable profit: Reselling tickets for highly sought-after shows offer a good profit margin.
• Convenience and flexibility:Social media platforms and online marketplaces make it a breeze to resell tickets. You can do it anytime, anywhere.

Cons of Reselling Ticketmaster Tickets:

• Steep competition:Many resellers vie for the same tickets. You must keep a keen eye on the ticket market and judge it right before you secure a share of the inventory.
• Ticket resale restrictions:Some events ban or restrict reselling of tickets.
• Risk of cancellations: Cancellations due to extraordinary situations (inclement weather or artist’s health issues) can hurt ticket sales. Some states require resellers to refund tickets for canceled events.

Frequently Asked Questions

Similar Tutorials to Check Out

Aside from reselling Ticketmaster tickets, here are some similar side hustles you can try:

• Resell Gift Cards:Explore how you can turn your unused gift card into cash and where to resell them.
• Resell Stubhub Tickets:Discover the best marketplaces to resell StubHub tickets and make a profit.
• Resell Taylor Swift Tickets:Learn how to resell tickets for Eras Tour and other upcoming Taylor Swift concerts.

Wrapping Up

After learning how to resell Ticketmaster tickets, you’re well on your way to making a profit. It only takes four simple steps: sign up, list, set the price, and select a payment method.

Have you had any luck reselling concert tickets before? We’d love to hear about it in the comments below. And don’t forget to share this ticket reselling guide with your friends!