When players are looking to start making gold on the auction house for the first time, the advice they are given often takes the form of "buy low and sell high". Though this advice is the core principal of making gold on the auction house, it is far too vague for a new player to take action on. Players new to the auction house will need a more specific and complete set of guidelines if they want to actually succeed in making any gold.
One of the most important factors in auction house success is recognizing pricing trends on your server. No one can give you blanket advice on how much an item should sell for, as it varies completely depending on the server as well as the day and time. Learning to observe these trends and ride them out for their maximum profit potential is essential for dominating in the auction house. The Auctioneer mod makes this very simple, completely automating the process for you.
This is a wonderful resource, and in order to fully appreciate its power, it is important for players to perform a scan each day for a week or more. In doing this, Auctioneer is able to understand your particular server's economy structure, and will be able to tell you how to price your items for profit. It is very important to remember to scan the auction house every single day while you use Auctioneer in order to make the best profit on your items. Auctioneer thrives on the data retrieved from daily scans, and can give you accurate prices this way to ensure the best profit at that time.
After the Auctioneer has collected this information, use the 'Search' function in conjunction with the 'Resale' option. Select a profit of ten gold, and hit search. The Auctioneer will then generate a sequence of items that it sees as underpriced. Based on your search settings, these items can be sold again for at least ten extra gold each. From here, you need to sort through the results and figure out which items will return the largest amount of gold to you. Because of massive undercutting, it's possible that certain items will not be immediately resaleable. It's okay to hold onto these items for sale at a later date, when the prices serve you better, so log back on at various times to check how the market is going.
If you do this consistently for around 30 minutes per day, you will have no problem covering any and all of your in game expenses. These methods can easily make you more than 5000 gold per week. Struggling for gold will be a thing of the past for you. The only key is to take action today. Happy trading!
One of the most important factors in auction house success is recognizing pricing trends on your server. No one can give you blanket advice on how much an item should sell for, as it varies completely depending on the server as well as the day and time. Learning to observe these trends and ride them out for their maximum profit potential is essential for dominating in the auction house. The Auctioneer mod makes this very simple, completely automating the process for you.
This is a wonderful resource, and in order to fully appreciate its power, it is important for players to perform a scan each day for a week or more. In doing this, Auctioneer is able to understand your particular server's economy structure, and will be able to tell you how to price your items for profit. It is very important to remember to scan the auction house every single day while you use Auctioneer in order to make the best profit on your items. Auctioneer thrives on the data retrieved from daily scans, and can give you accurate prices this way to ensure the best profit at that time.
After the Auctioneer has collected this information, use the 'Search' function in conjunction with the 'Resale' option. Select a profit of ten gold, and hit search. The Auctioneer will then generate a sequence of items that it sees as underpriced. Based on your search settings, these items can be sold again for at least ten extra gold each. From here, you need to sort through the results and figure out which items will return the largest amount of gold to you. Because of massive undercutting, it's possible that certain items will not be immediately resaleable. It's okay to hold onto these items for sale at a later date, when the prices serve you better, so log back on at various times to check how the market is going.
If you do this consistently for around 30 minutes per day, you will have no problem covering any and all of your in game expenses. These methods can easily make you more than 5000 gold per week. Struggling for gold will be a thing of the past for you. The only key is to take action today. Happy trading!
About the Author:
Nicklaus Pender is a WoW Auction House guru and full time blogger. Check out his site for more tips on playing the AH in WoW.
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