Comments on: WoW March to 1000 Gold: 7th (last) Podcast, 2172g26s

By: Mercy

Mercy — Tue, 15 Jul 2008 18:04:03 +0000

Awesome series I’m having some trouble breaking into my current server’s economy- it’s well developed and there are probably 5 or 6 people that can at any time change the prices on anything. They each stock over 60k gold and usually swing prices 30-40% throughout the week. Any undercutting is immediately bought out. The few times I have seen someone try to corner a market one of them has quickly bought it out and reposted higher, or severly undercut them again nearly 30-40%. I’d love to hear some advice on suceeding in such a market, especially for someone new to using the auction house effectively. Am I better off buying up some GPE and LPS and heading to a new server? Thanks for any advice and again for the podcast.

By: tyson

tyson — Fri, 15 Feb 2008 17:01:29 +0000

Pre-BC epic weapons that are pre lvl 50 with decent stats/damage generally have gone up in price or remained constant. You should make a little profit on it at least. Any specific questions about items though, why not ask in the forum? I’d like to see if it can get more action anyway!

By: Pheragas

Pheragas — Fri, 15 Feb 2008 14:51:22 +0000

Is there anything I should know with the axe Kang The Decapitator? I bought it for 115g in AH and Allakhazam says it medians for 345g. I put it up once at 335g and it didn’t sell. I advertised it on the trade channel and I only get 2g offers from low level guys. I put it back yesterday at 225g bid - 250g buyout and now I’m waiting to see if it sells at that price. I guess this is normal and I shouldn’t worry about anything but it’s my first big purchase and I’m nervous and don’t want to lose my hard-earned 115g.

By: tyson

tyson — Thu, 14 Feb 2008 20:40:37 +0000

@Pitlord
I’ve looked at the decks, and know that the Blessings and Furies decks seem to be the most popular at this time. They roughly go for about 2000g each currently and I know that the “seven of” for both decks is the highest money maker, not the Ace. Other than that, I don’t know anything about them. I do know that if I saw one under 1k that I’d probably buy it up

@Brutux
The post you’re looking for is http://www.mmoauctioneer.com/2007/11/auctioneering-101-median-or-average-price/

The avg. price isn’t very reliable, go for the median since it’s usually lower. I’d read that post though, and I’ll say a few words more. You’re looking at a pretty common epic, which will tend to be significantly lower than a more-difficult-to-find epic item, in which the prices on Alla are actually pretty accurate and sometimes even a bit low depending on server. Thing is, if it’s something you see multiples of or common in any way, even though it’s epic, stay away generally unless… like you found, you can find it for 250g. That’s a nice find for a lvl 70 epic weapon. I’d say you could easily sell it for 650g-750g at current market prices, more if you get lucky.

By: Pitlord

Pitlord — Thu, 14 Feb 2008 19:46:42 +0000

Do you ever play on those decks. Like I saw a blessings deck on my server for 2k= gold and it sold within 2 hours. I bought myself the first four cards at around 500g total. Others are more expensive though.

By: Brutux

Brutux — Thu, 14 Feb 2008 14:31:42 +0000

Hey Tyson, great blog ! It inspired me to start looking for deals, but I have questions …
I already had enough money to buy Epics to re-sell them and I’m refering to Allakhazam to set up my prices. (BTW, I missed your post about how to read the Allakhazam prices, can you link it if possible please).

So I bought the plans for the fel edge Battle Axe, it was at 250g b/o in AH, so I bought it. On Alla, the average price is at least 1000g. But, when I list the item for that price, I feel like I’m way overpricing compared to the other epics out there … Is the average price on Alla very reliable ? Because, all the “bargains” I bought seem to be great deals when I look in Alla to compare the prices.
Thank you !

By: Pheragas

Pheragas — Mon, 11 Feb 2008 19:44:34 +0000

You know what? Now that you’ve taken a new character on a new server and raised him to 2000 gold in 24 hours of playtime, why not help someone else to do the same thing and continue your podcasts if you want to? It could be a great marketing scheme too for you. I’m very dedicated to making gold in the AH. I currently have around 65g, almost all made with the AH. I’m currently looking for the big deals.

By: tyson

tyson — Mon, 11 Feb 2008 16:43:58 +0000

That is sure an interesting proposition Pheragas. Because what you’re proposing is essentially like a broker… I find you some good deals (and/or provide personal coaching), and get a cut. But since I am not really after virtual gold on a random server (or any server that I don’t make myself), I might be open to working out a mutually agreeable deal with those that are interested in this. Maybe something simple as a written testimony that these techniques have helped you earn money, or a small donation to help with cover site costs (which aren’t high as of yet), etc. Or, even a referral, posts on the forum helping others, etc. Something that will help the site. If anyone is interested, I suggest they contact me, or leave a suggestion here as to how this might work.

By: Pheragas

Pheragas — Mon, 11 Feb 2008 15:35:19 +0000

Hey Tyson, would you consider offering coaching sessions? I just finished listening to your last podcast, and I’m impressed by the success you had. I’m also watching the AH every day but don’t seem to find the great deals you’ve been finding. Would you consider connecting to player’s servers and browsing the AH with us to help us spot good deals?

By: tyson

tyson — Sat, 09 Feb 2008 00:06:05 +0000

Those are great ideas Tom. Thanks. Will keep them along with any others I get. If I get a lot, I’ll put em to a poll.

As for the blues (weapons and armor), they are weird only because it’s a fickle-get-lucky market since they’re really not needed as people get better fairly quickly. If there aren’t any others up, here’s what you do. Look at similar category blues by level (give or take 10 levels) and by weapon/armor type. Price yours accordingly. If someone can get a similar for less, even though it’s not the same, they will. Price yours just slightly lower than the market average and they will sell.