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postheadericon Warcraft Advanced Gold Guide – Starting Out 3

So preparation is the key. Understanding your own server dynamics. Buying low and selling high. Supplementing this with a bit of farming of your own perhaps.

Here’s the issue.

Most people have no idea of an items true worth,

The auctioneer add on, though great for getting an overview of what people want for an item, has no actual sales data for anyone but you.

Most auction house add-ons list all the VENDOR prices, and keeps a note of what YOUR OWN ITEMS sell for.

It does not tell you what all the other items sold for. Just what was asked for them. It doesn’t tell you if someone else s auction was a success or not.

To simplify, a Herbalist could put one "Mageroyal" on for 300G..it almost definitely wouldn’t sell, but they can ask whatever they want.

This happens. In fact, massive over pricing at auction is one of the tips other guides give out. The thinking being that someone might accidentally buy it.

Which does bring us to an important point:

BIDS AT AUCTION ARE IMMEDIATE IRREVOCABLE SO BE CAREFUL

At the Gold Cartel we have worked hard trying to develop methods and tools to understand our server financial dynamics.

Now might be a good time to get you into Auctioneer. The eponymous auction house add on.

image

Here is a quick look at the auctioneer set up. There are a few changes to the normal auction house window.

Along the top is the right “start”arrow

This begins a scan of every item in the AH, checking quantities and prices.

you’ll be using this button twice a day. Preferably when you are having tea or need to visit the loo because it scans. EVERYTHING. And can easily take 15 to 20 minutes. So twice a day could easily take you 40 minutes to do this for both Alliance and Horde AH’s

A detailed guide on how to use add-ons is in the appendix.

DO NOT BE TEMPTED TO BUY A GUIDE TELLING YOU HOW TO USE AUCTIONEER. THERE IS A FAR BETTER GUIDE AVAILABLE FREE – FROM THE MAKERS OF THE AUCTIONEER ADD ON ITSELF.

Find the free Auctioneer guide at the official Warcraft Auctioneer Site.

Ok, that’s the end of the preamble. Next putting your basic skills to work.

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