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  1. #1
    Join Date
    Oct 2019
    Location
    Eastern USA (EST)
    Posts
    4

    Selling in the Auction House

    I'd like to first apologize if this was already answered or if I posted this in the wrong place.

    I need a few extra coin for various things and wanted to know how people set their prices for crafting items and etc. My plan was to gather the basic ingredients and sell them based on the XP gain for mastery.
    Example: An apprentice mastery is 600xp, which is either 75 wood or 100 hides for a woodworker.


    My problem is the amount to charge for it. Any tips are appreciated, thank you for taking the time to read this.

  2. #2
    Join Date
    Sep 2010
    Location
    East Coast
    Posts
    165
    For YEARS, I have one formula for selling things I've farmed, like logs, ore, uncut gems ... in stacks of 100 ... 1 GP per crafting tier and I thought it very fair. Seems the auction house went stupid a couple of years ago and now I see junk crafted items for over 100 GP. The auction house is broken so I stopped using it. Gold has gotten too easy to come by and the prices have skyrocketed. For a long time it took days to even earn a gold, now I can do it in a few minutes. Look, I love to help new players, and I'd love to still sell stuff at my original prices but I know some whale is going to buy my stuff cheap and sell it at outrageous prices ...
    "Lead me, follow me, but get out of my way!"

  3. #3
    Quote Originally Posted by Ghost_Archer View Post
    For YEARS, I have one formula for selling things I've farmed, like logs, ore, uncut gems ... in stacks of 100 ... 1 GP per crafting tier and I thought it very fair. Seems the auction house went stupid a couple of years ago and now I see junk crafted items for over 100 GP. The auction house is broken so I stopped using it. Gold has gotten too easy to come by and the prices have skyrocketed. For a long time it took days to even earn a gold, now I can do it in a few minutes. Look, I love to help new players, and I'd love to still sell stuff at my original prices but I know some whale is going to buy my stuff cheap and sell it at outrageous prices ...

    The spiraling inflation and price increases will not change until the AH posting fees calculation changes - currently the AH posting fee is based on the vendor price of an item and IF IT SELLS then a percentage of the sale is calculated as the AH posting fee.

    For example, the 48 hour posting fee in AH for a universal solvent is 2 silver 48 copper no matter what opening bid price you post it at and no matter what price you put as the buyout - the ONLY time the AH takes a fee is when it sells.

    This game mechanism provides an all reward with no risk method for causing hyper inflation for anyone wanting to buy up all reasonable priced items and resell them as it is only a few coins to post. If you buy up the reasonably priced items and repost them at an inflated price, you are only out a couple silver coins. If it DOES NOT SELL, it is only a couple more silver coins to repost.

    If someone were to keep buying up all the lower priced items and reposting them at a higher price, eventually, the market price of that item will be forced up. The total cost to repost an item 15 times (reposting the same item every 48 hours for one month because it does not sell at the posted price) will be about 67 silver coins, but the cost for the people who want to buy the items once the market value of that item has been increased on the server can be hundreds of gold in the long run.

    IF the AH posting fee were based on the opening bid, then people would be more apt to price the opening bid at something that would sell rather than risk another posting fee. Until then, it is a buy low sell high or buy at market price and force the price even higher with no risk scenario.

    In your example, the whales buy out the cheap stuff and mark it up to sell at outrageous prices. If the AH price were based on the starting price, they would probably have much more reasonable opening bids to allow for a market economy of goods rather than what we currently see - pages and pages of items posted at pretty much the same opening and same buyout bid day after day. The items you see on the AH are the items that HAVE NOT SOLD - the items that are priced reasonably sell.

    Just my opinion.

  4. #4
    Join Date
    Oct 2019
    Location
    Eastern USA (EST)
    Posts
    4
    I guess I'll just have to sell to my kinfolk. RIP

  5. #5
    Easiest way is to put the item you are thinking of selling into the AH search box to see what others are asking for the item. You can then ask the average or lower price others are asking for the item you are selling yourself.

 

 

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