Comments on: WoW Auction House: How to Buy An Epic http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/ ...legal ways to make lots of money in any mmo Wed, 07 Apr 2010 03:16:58 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Tyson http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-653 Tyson Fri, 23 Jan 2009 00:23:35 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-653 Well, sometimes it can be a few days. If you saw these gloves which maintain a median of 2.5k on Allakhazam for 500 and 889, what I would do is buy up them both, then sell one at a time, for about 1999g. All three until they all sold. Heck, even 1799 to sell them quicker. Well, sometimes it can be a few days. If you saw these gloves which maintain a median of 2.5k on Allakhazam for 500 and 889, what I would do is buy up them both, then sell one at a time, for about 1999g. All three until they all sold. Heck, even 1799 to sell them quicker.

]]> By: Fordeka http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-652 Fordeka Thu, 22 Jan 2009 23:49:31 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-652 How long do you usually have stuff up before it sells if there's no competition? I got some BOE Gloves of Token Respect from naxx and put them up for 2284g and shortly after got undercutted by someone selling them for 889g and after that another person selling them for 500g. I've been checking and none of them have sold yet and all of them are about to expire. Maybe people just don't buy epics much on my server. How long do you usually have stuff up before it sells if there’s no competition? I got some BOE Gloves of Token Respect from naxx and put them up for 2284g and shortly after got undercutted by someone selling them for 889g and after that another person selling them for 500g. I’ve been checking and none of them have sold yet and all of them are about to expire. Maybe people just don’t buy epics much on my server.

]]> By: Copra http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-647 Copra Mon, 19 Jan 2009 07:21:34 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-647 Thanks Tyson for this roadplan! Most definately I'm going to try it out: it's either an elaborate getting rich scheme or bust. Then again, it's very easy to climb up after a few mistakes, and you really learn as you go. One thing about Auctioneer in this market is the way it counts the 'seen' instances of the gear: you can easily see if this item has been scanned before, making it easier to spot the rare or new surging ones. Otherwise I wouldn't trust the scan data on Epics, just for the reasons you mentioned in your earlier response: small, high price and easily learned market. Copra Thanks Tyson for this roadplan! Most definately I’m going to try it out: it’s either an elaborate getting rich scheme or bust. Then again, it’s very easy to climb up after a few mistakes, and you really learn as you go.

One thing about Auctioneer in this market is the way it counts the ‘seen’ instances of the gear: you can easily see if this item has been scanned before, making it easier to spot the rare or new surging ones. Otherwise I wouldn’t trust the scan data on Epics, just for the reasons you mentioned in your earlier response: small, high price and easily learned market.

Copra

]]> By: Tyson http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-645 Tyson Sun, 18 Jan 2009 17:56:59 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-645 Yep check out my initial posts about Lich King Auction House. Blue armor and weapons. Yep check out my initial posts about Lich King Auction House. Blue armor and weapons.

]]> By: Fordeka http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-644 Fordeka Sun, 18 Jan 2009 16:45:06 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-644 Have you had luck reselling anything besides epics in WOTLK? I don't have the budget to invest in those yet. Have you had luck reselling anything besides epics in WOTLK? I don’t have the budget to invest in those yet.

]]> By: tyson http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-642 tyson Sun, 18 Jan 2009 05:31:23 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-642 Thanks! Yes, I do not use Auctioneer, still - not with the epics, though I think I will give it a try so as not to be closeminded. It literally takes an average of 30 seconds actually to go through the epics now, unless there's something that pops up I'm not familiar with (rarely now that the expansion has been out for a bit). Then it's just a quick alt-tab out to allakhazam to check on median, or wowhead to check comments if necessary, and then back. I've lost items this way, even though I've only been out 30s or so... but really, this market doesn't take much to memorize. You have a point though. Auctioneer can help with some things. It would be nice to see what actual item level it is, but Wowhead has that too. However, in this very high price but small market, I especially cannot rely on the database that it provides such as past market history, even if it were 7 days or 1 month out. There are too few of these epics put up and at a pretty big standard deviation. I find the allakhazam median which tracks the same item over multiple servers and many more lists to be more accurate for this niche at least. I am fast to point out one important thing. For as much money as I pay for epics, I won't do it if I only will potentially net 200 to 300g. It's too risky. I need to be confident I can net at least 500g+ to even consider it on one sale. That way if I'm wrong or there's suddenly competition I can sell it back for basically what I bought it for or even a bit higher and still not take a loss. For items that have many more lists such as trade commodities, I'm sure Auctioneer is definitely the way to go. Thanks!
Yes, I do not use Auctioneer, still – not with the epics, though I think I will give it a try so as not to be closeminded. It literally takes an average of 30 seconds actually to go through the epics now, unless there’s something that pops up I’m not familiar with (rarely now that the expansion has been out for a bit). Then it’s just a quick alt-tab out to allakhazam to check on median, or wowhead to check comments if necessary, and then back. I’ve lost items this way, even though I’ve only been out 30s or so… but really, this market doesn’t take much to memorize.

You have a point though. Auctioneer can help with some things. It would be nice to see what actual item level it is, but Wowhead has that too. However, in this very high price but small market, I especially cannot rely on the database that it provides such as past market history, even if it were 7 days or 1 month out. There are too few of these epics put up and at a pretty big standard deviation. I find the allakhazam median which tracks the same item over multiple servers and many more lists to be more accurate for this niche at least. I am fast to point out one important thing. For as much money as I pay for epics, I won’t do it if I only will potentially net 200 to 300g. It’s too risky. I need to be confident I can net at least 500g+ to even consider it on one sale. That way if I’m wrong or there’s suddenly competition I can sell it back for basically what I bought it for or even a bit higher and still not take a loss.

For items that have many more lists such as trade commodities, I’m sure Auctioneer is definitely the way to go.

]]> By: Sean http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-641 Sean Sun, 18 Jan 2009 04:57:37 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-641 Great tips. I wonder though if you still completely abstain from using tools like the Auctioneer suite. Auctioneer lets me concentrate and organize a lot more information about the markets I focus on than memory or even homemade spreadsheets would allow. At a glance at an epic weapon's tooltip I can see its item level (is that a heroic or regular Naxx BOE?), the number of other copies of that item currently on auction, the number of times that item has been listed and for what price, the median price history for the item over the last 3, 5, 7, and 14 days, etc. It is a useful tool and when applied responsibly can facilitate more profits with less time investment. Great tips. I wonder though if you still completely abstain from using tools like the Auctioneer suite. Auctioneer lets me concentrate and organize a lot more information about the markets I focus on than memory or even homemade spreadsheets would allow. At a glance at an epic weapon’s tooltip I can see its item level (is that a heroic or regular Naxx BOE?), the number of other copies of that item currently on auction, the number of times that item has been listed and for what price, the median price history for the item over the last 3, 5, 7, and 14 days, etc. It is a useful tool and when applied responsibly can facilitate more profits with less time investment.

]]> By: Wes http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/comment-page-1/#comment-639 Wes Sat, 17 Jan 2009 22:39:36 +0000 http://www.mmoauctioneer.com/2009/01/wow-auction-house-how-to-buy-an-epic/#comment-639 Really helpful article, thank you very much. Really helpful article, thank you very much.

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