Comments on: WoW Auction House: Non-Buyout Bids Do Not Work http://www.mmoauctioneer.com/2009/01/wow-auction-house-non-buyout-bids-do-not-work/ ...legal ways to make lots of money in any mmo Sat, 01 Oct 2011 19:02:30 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Tyson http://www.mmoauctioneer.com/2009/01/wow-auction-house-non-buyout-bids-do-not-work/comment-page-1/#comment-651 Tyson Wed, 21 Jan 2009 13:50:40 +0000 http://www.mmoauctioneer.com/?p=89#comment-651 Sounds like you are doing just fine. To give you a little incentive perhaps, yesterday morning I saw Wapach's Spaulders of Solidarity on the AH for I believe 1.9k buyout. It normally goes for about 3.5k. I bought it, and within a couple hours (I put it up at 3.25k) it sold for a quick little 1.1k (incl. AH take) profit. Now, if I were to buy commodities at 1g and resell for 3g, I'd have to actually put up 500+ of them and they all would have to sell for me to make the same. That's probably an unrealistic price point, but for about 2 minutes worth of work (find plus run to mailbox then back and put them up), it just seems that this currently is the best profit to work ratio in the game... providing you a) have the cash which you obviously do, and b) can find the deals (which really doesn't take to much effort to learn). Again though, I'll stress that they aren't found each time I log on, more like one or two every 5 times. Sounds like you are doing just fine. To give you a little incentive perhaps, yesterday morning I saw Wapach’s Spaulders of Solidarity on the AH for I believe 1.9k buyout. It normally goes for about 3.5k. I bought it, and within a couple hours (I put it up at 3.25k) it sold for a quick little 1.1k (incl. AH take) profit. Now, if I were to buy commodities at 1g and resell for 3g, I’d have to actually put up 500+ of them and they all would have to sell for me to make the same. That’s probably an unrealistic price point, but for about 2 minutes worth of work (find plus run to mailbox then back and put them up), it just seems that this currently is the best profit to work ratio in the game… providing you a) have the cash which you obviously do, and b) can find the deals (which really doesn’t take to much effort to learn). Again though, I’ll stress that they aren’t found each time I log on, more like one or two every 5 times.

]]> By: Copra http://www.mmoauctioneer.com/2009/01/wow-auction-house-non-buyout-bids-do-not-work/comment-page-1/#comment-650 Copra Wed, 21 Jan 2009 13:32:27 +0000 http://www.mmoauctioneer.com/?p=89#comment-650 I'm not saying that I don't make money from the higher end goods, either. In fact, I'm dealing with blues, but only from the safe price margin: perhaps too safe. What I am saying is that the last minute bids on trade goods and severely under priced gear creates very stable and solid basis on the higher end trading: depends only on how long you want to spend on the AH and the last minute bidding round. I thought I was doing badly with my ally toons, but as I started to sum the things I've gotten I came to the conclusion that my mule is doing just fine: I've singly purchased a guild, three bank slots, twelve basic lv30 mounts, two lv60's and still I'm sitting on 2k gold in hand and about the same flowing through the AH constantly. Mostly by fiddling the last minute no-buyout's and flipping them. But like Tyson has noted, you have to try something else for a while to really say that you know the game. I'm off to epics. Copra I’m not saying that I don’t make money from the higher end goods, either. In fact, I’m dealing with blues, but only from the safe price margin: perhaps too safe.
What I am saying is that the last minute bids on trade goods and severely under priced gear creates very stable and solid basis on the higher end trading: depends only on how long you want to spend on the AH and the last minute bidding round.
I thought I was doing badly with my ally toons, but as I started to sum the things I’ve gotten I came to the conclusion that my mule is doing just fine: I’ve singly purchased a guild, three bank slots, twelve basic lv30 mounts, two lv60′s and still I’m sitting on 2k gold in hand and about the same flowing through the AH constantly. Mostly by fiddling the last minute no-buyout’s and flipping them.
But like Tyson has noted, you have to try something else for a while to really say that you know the game. I’m off to epics.

Copra

]]> By: Wes http://www.mmoauctioneer.com/2009/01/wow-auction-house-non-buyout-bids-do-not-work/comment-page-1/#comment-638 Wes Fri, 16 Jan 2009 22:13:33 +0000 http://www.mmoauctioneer.com/?p=89#comment-638 Totally off topic, but I want to respond to Tyson's comment to Copra. When I flip on the AH, I generally do it with trade goods or insanely cheap blues/epics. Your podcasts inspired me to try my hand in the weaponds/armour/epics market. I've actually had a lot of success with it! It isn't nearly as scary as I thought. I've been using auctioneer/alakazam/my own knowledge and it's been fun and profitable. Thanks! I'm still a Runecloth mogul though :P Totally off topic, but I want to respond to Tyson’s comment to Copra. When I flip on the AH, I generally do it with trade goods or insanely cheap blues/epics. Your podcasts inspired me to try my hand in the weaponds/armour/epics market. I’ve actually had a lot of success with it! It isn’t nearly as scary as I thought. I’ve been using auctioneer/alakazam/my own knowledge and it’s been fun and profitable. Thanks!

I’m still a Runecloth mogul though :P

]]> By: tyson http://www.mmoauctioneer.com/2009/01/wow-auction-house-non-buyout-bids-do-not-work/comment-page-1/#comment-637 tyson Fri, 16 Jan 2009 13:05:18 +0000 http://www.mmoauctioneer.com/?p=89#comment-637 @ Wes: I agree with you about populated cities being a good thing, but I'm not sure proxy bidding would take people out of them more. I mean you still need to go to the AH to browse for an item you want, and you still bid. Nothing different about that part. In a proxy bidding system you are allowed to rebid a new maximum whenever you feel the need. Whether someone puts a max bid that's higher than yours and therefore outbids you or even if someone doesn't, eBay lets you change your true max bid, even if you currently are the highest bidder and feel like you would spend more. But I see the AH more as a browsing draw. Go there and hang out to browse. After you browse and bid/buyout you go an do something else, even hang out if that's what you like. At least that's my take, whether it would be a proxy system or not. @ Copra: Welcome back! I admire your ability to micromanage a huge amount of different low net profit items to secure a lot of money even if our profit margin is the same. You know I'm going to experiment with that soon and report it here. I think those of you with money should experiment with buying an epic once. It's not as risky as you might think. In fact, I have not managed to lose money on an epic since starting... not saying that you wouldn't but just need to find the right ones at the right prices. @ Wes:
I agree with you about populated cities being a good thing, but I’m not sure proxy bidding would take people out of them more. I mean you still need to go to the AH to browse for an item you want, and you still bid. Nothing different about that part. In a proxy bidding system you are allowed to rebid a new maximum whenever you feel the need. Whether someone puts a max bid that’s higher than yours and therefore outbids you or even if someone doesn’t, eBay lets you change your true max bid, even if you currently are the highest bidder and feel like you would spend more.

But I see the AH more as a browsing draw. Go there and hang out to browse. After you browse and bid/buyout you go an do something else, even hang out if that’s what you like. At least that’s my take, whether it would be a proxy system or not.

@ Copra:
Welcome back! I admire your ability to micromanage a huge amount of different low net profit items to secure a lot of money even if our profit margin is the same. You know I’m going to experiment with that soon and report it here. I think those of you with money should experiment with buying an epic once. It’s not as risky as you might think. In fact, I have not managed to lose money on an epic since starting… not saying that you wouldn’t but just need to find the right ones at the right prices.

]]> By: Copra http://www.mmoauctioneer.com/2009/01/wow-auction-house-non-buyout-bids-do-not-work/comment-page-1/#comment-636 Copra Fri, 16 Jan 2009 07:34:00 +0000 http://www.mmoauctioneer.com/?p=89#comment-636 I've thought about the same issue, but as long as I'm reaping the benefits of people posting Runecloth for 20s a stack on very low non-buyout bids so that there is less than 30min left when I'm online, I have no objections about the current system... :P No, really, I have made nice profit as long as I have been working in ah's by putting that lowest possible bid at the end of the auction. And most probably will continue to do so. It's not as lucrative as your method, Tyson, but it's more secure one. I only wish I could reap the epics like you do... but then again, being on a first generation server has it's negatives... It would be good, however, to see the names of the people you're bidding against. You could put more emphasis on the bidding game knowing that there is this bugger at the other end who just won that other bid... Copra I’ve thought about the same issue, but as long as I’m reaping the benefits of people posting Runecloth for 20s a stack on very low non-buyout bids so that there is less than 30min left when I’m online, I have no objections about the current system… :P

No, really, I have made nice profit as long as I have been working in ah’s by putting that lowest possible bid at the end of the auction. And most probably will continue to do so. It’s not as lucrative as your method, Tyson, but it’s more secure one. I only wish I could reap the epics like you do… but then again, being on a first generation server has it’s negatives…

It would be good, however, to see the names of the people you’re bidding against. You could put more emphasis on the bidding game knowing that there is this bugger at the other end who just won that other bid…

Copra

]]> By: Wes http://www.mmoauctioneer.com/2009/01/wow-auction-house-non-buyout-bids-do-not-work/comment-page-1/#comment-635 Wes Fri, 16 Jan 2009 04:43:02 +0000 http://www.mmoauctioneer.com/?p=89#comment-635 Interesting idea. Bidding just doesn't work in this game, but your solution could solve that. However, I always have some reservations with taking people out of cities. It hurts the atmosphere. Additionally, the proxy bidding seems a little wonky. Say I set my max bid at 100g and my competitor sets his at 101g. I bid, then he out bids me and then it would all be done in a flash as we keep going ahead of each other until he exceeeds my limit. I think to help this you do need a) see who you are bidding against and b) choose how much you want to raise the bid by. I think it would be an interesting addition, if nothing else. I'm not sure anythign would change, though. People love instant gratification and in the age of daily quests, I'm not sure many people would take advantage of it. But for auctioneers it might make for some interesting battles. Interesting idea. Bidding just doesn’t work in this game, but your solution could solve that. However, I always have some reservations with taking people out of cities. It hurts the atmosphere. Additionally, the proxy bidding seems a little wonky. Say I set my max bid at 100g and my competitor sets his at 101g. I bid, then he out bids me and then it would all be done in a flash as we keep going ahead of each other until he exceeeds my limit.

I think to help this you do need a) see who you are bidding against and b) choose how much you want to raise the bid by. I think it would be an interesting addition, if nothing else. I’m not sure anythign would change, though. People love instant gratification and in the age of daily quests, I’m not sure many people would take advantage of it. But for auctioneers it might make for some interesting battles.

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