Half-price Springsteen tickets for next week’s concert (expired)

Tuesday, May 5th, 2009

Maybe it’s the recession or the fact that Springsteen played the Twin Cities in 2007 and 2008 or his half-time performance at this year’s Super Bowl, but tickets to his May 11 concert at Xcel are selling for half-price or even less at resellers such as StubHub, TicketsNow, Razorgator and TicketLiquidator. These sites are not brokerages like Ticketmaster. Most charge sellers a fee to post their unneeded tickets. Buyers pay fees too, including a percentage to the reseller (10 to 20 percent of the ticket price) and express delivery charges ($12 to $25). Unlike eBay or Craigslist, where you hope you’re dealing with an honest person, the better-known resellers are often authorized by the team or promoters, have strict protection policies, and guarantee satisfaction, according to Consumer Reports.

A check on Wednesday at StubHub showed plenty of tickets selling for less than face value, starting at $35. (The $18 tickets I saw Wednesday are gone.) And prices may go even lower, said Sean Pate, head of communications for StubHub in San Francisco. ”Prices at recent concerts in Greensboro and Huston sold for as low as $4 to $8,” he said. Face value for those concerts as well as the one at Xcel next week are $65 and $95 plus fees. Pate expects prices to fall a  bit more in the next day or two. On Tuesday, nearly 1,000 tickets were for sale at StubHub. A Ticketmaster rep estimated that about 30 tickets remained at full price. (The $20 obstructed view tickets that went on sale earlier last month are gone.)