Want to sell some old junk lying around the house on eBay, but don't feel like putting up with listing fees? The company has announced plans to cut listing fees by up to 50 percent.

The cuts aren't across the board. In fact, some fees will be raised. For example, if your items sells for less than $25, you'll now be charged 8.75%, which is a 67% increase.

The new fees take effect on February 20th and are aimed at the US, although eBay plans to announce rate changes in the uK and Germany soon. The move comes at a time when eBay is struggling with flattening growth and competition from other online auction sites.

Do you still use eBay to buy and sell new and used items? Or have you started turning to other auction sites? What do you think of eBay's current listing and transaction fees?