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Friday, 10 December 2010
Is The Auction House under Priced ?
A couple of Items to look at today
Why do people deep undercut ?
IS the Auction house under priced ?
Is the Auction House Under priced ?
It seems that people are not following the rules ? What do i mean by this , the simple conversion for profit is when i buy the raw materials can i sell the end product on for more money ?
On my Auction house at the moment the new gems raw are selling for 40-50 gold but the cuts are selling for 10g . The enchanting Scrolls are selling for about 20% of the the mats cost . So all in all its a bit confusing for me its my first expansion so .
I think what I am seeing is people levelling and the just dumping stuff on the AH just to make some gold back so there should be items if you look carefully.
Why do People so Deeply undercut ?
So I decided to get a +60 stamina cut for my First JC recipe , so i cut my 20 gems and then listed my Cut gems at 500g , i was first and the only person that had them listed on the server . I log in the next morning and i sold 2 for 500 gold . Then i checked and now 3 other sellers who had shifted the price down to 150g a gem .
Yes they sold there gems but when the they could have made at least another 200-300g I just don't understand why someone would do this .
How do you deal with them ? well if i had enough gold i would have just brough brought them out but i don't so i can just hope for more competition at this point .
So Tomorrow i will do a round up of great tips i have read this week on other people blogs and hopefully finish off a post about the new shuffle
So if you have a good blog you have read or a tip let me know