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Friday, 19 November 2010
Day 5 - Friday - Woops !
So Friday almost the weekend and overall this experiment has gone really well , once this is over i am going to carry on with this but just blog weekly updates and see how far i can take this . But will be looking for a new gold making tip to try out .
The Woops ! - Dangers of the resale search .
So on all auction houses we all see items listed for crazy buyouts but why ?
- For that player that makes a mistake
- When a addon lists a item wrong
- To manipulate auction data
So how does this effect us ?
Very simply this makes items seems more then they are worth and when work with auctioneer that bargain buy might actually be a pile of junk or even not worth the price you pay . So i suppose the question is how do i avoid this ?
- Check wow head see the comments and drop rate
- Check the underminer journal
After checking these it will give you a good indication of average prices and also is it worth buying or not.
Well i didn't do that and have brought a item called Wall of the Dead for 400g thinking it was another shield i was a very big investment for my budget and was a mistake i just need to try and get rid of it now without making loss.
Today's lessons -
The main thing that i have learnt is work with safe items Kammler made a very good suggestion yesterday about working with only 10-15 items and having your buy and sell values set.With this you can stock up while the market is low and then relist when its high working with supply and demand .
The other main lesson is know your market if your going to try and resell high value items make sure you know what you are flipping .
So overall a ok day with a couple of mistakes to learn from I made a good resale with books of glyph mastery from 20g to 50g and some other trade good as well , but trade good seem to be the key they sell and people will always need them .
So what are your favourite items to resell ?
Have you been caught out when using resell or did you buy the wrong item to flip ?
Look forward to the comments