4 Fundemental Auction House Tips

If you’re planning to start gaming the WoW Auction House we suggest you observe the following 4 tips.

These are the basic fundamentals, but mastery of these fundamentals is fundamentally fundamental if you wish to… Ok enough – just read them!

Auctioneer (www.auctioneeraddon.com): This add-on scans the AH and compiles a database of all the items posted and the prices they were sold for. It uses that information to determine who is over or under selling, how often items are sold, and what the ideal sale price should be. Use the suggested price as a guide to what you should sell the item for, but don’t rely on it – it can be prone to manipulation by your competitors. To keep your data up-to-date, use Auctioneer to scan the AH two or three times per day.

Use your Alts: Create a new character and get them to Stormwind/Ogrimmar. This gives you the versatility to sell your items under a name other than your main character and create artificial competition. Having a trading Alt is smart if you’re going to be aggressive in how you approach selling at the AH because people will hate you. Also, If you’re looking to prevent someone else from trying to flip the items your focusing on, having two of your own characters sell the same item makes it look like you already have competition.

Keep your poker face on: No matter what you’re selling there is going to be competition. Unless you are dedicated to just one item, or have a significant amount of money already, you can’t buy out everyone who sells lower than you. What you have to determine is if it’s worth it to cancel and re list or just let it sit and wait for the price point to go back up. Unless you’re sitting 20 stacks deep in Essence of Fire, you shouldn’t cut your losses just to put some coin back in your pocket because it will hurt you in the long run. Sometimes if the item is popular enough both your items will still be sold.

Playing Dirty: Auctioneer is a great add-on, but it can’t tell the difference between items meant for sale and items meant to inflate/deflate the market price. If you find that the market for the item your selling keeps dropping price, you can place an item or to for sale with no buyout at a ridiculously high price. This will drive the market value up, making it look like their items are selling for nothing. Once someone purchases all of those, the desire to undercut your items being sold at the lowest price will decrease the competition. This works the same an item for 1 copper to bring down the price in the item so you can replenish your supply at a price lower than what you will sell it back for.