I don’t think I was clear on this, so let me do a little clarification.
What they are doing, is buying these at 12 gold from the vendor ( with rep instead of 15) . To the tune of 10 to 20 K at a time. By putting them on the AH for $12.65 (as of today) They can not possibly be making any gold.
Buy from vendor = 12, then place on AH for 12.65 there is a .45 deposit on each, so if they do not sell just one of them, it costs them the gold they would make for selling ~40 flux at that price to AH.
If they sell 10K of them all the first time -5% from AH they would make 1,750 gold.
Now, let’s say they post 10K of these. It costs them 4,500 gold to do this on a 12 hour auction. (more if longer) Then right after they post their 10K, 3 more people do the same. The first guy is screwed. He loses his 4,500 deposit unless he buys them from 2nd account, but he still pays the 5% AH fee and then still loses gold.
The biggest issue I have with the entire thing is I was making a ton of gold selling them @ 13.75 to 14 and people buy them all day, so now I lose that as a gold making opportunity. I would rather they just send me the gold they are giving away.
I have never seen in game gold written this way and I was very confused why anyone would pay actual money for materials.
Was kind of right there with ya on the whole “people paying real money for this stuff” idea.
I don’t thing he knows what he is typing.
troll post?
i am pretty sure you get the deposit back if the item doesn’t sell, OP.
Pretty sure you lose the deposit if it doesn’t sell, you get it back if it sells, but you lose a portion of your final sale price as an AH fee.
He’s talking about people selling stuff on the AH for less than vendor price + deposit. And how absurd that is. In his specific example, people buying primal flux from the vendor to then sell on the AH. It is a thing that happens. In fact I’ve seen a whole lot this expansion where people will just be selling stuff on the AH for less than the vendor price. So I buy it, and sell it to the vendor. Gets the market back to a more normal place and I make some no fuss (albeit not huge) profit.
Cause they don’t want it, vendor price is less so they AH it for some recoup?
I’ve referred to the price of real world things in gold though.
No you dont actually thats why its a deposit, you only get it back if it sells
Made 16 copper from each of 10000 pieces!!! Woohoo. Fish stew for dinner tonight.
That’s still 3200g they didn’t have.
And there’s people like me who are too lazy to go to the blacksmithing vendor and buy them on the AH.
It’s pixel gold, not real dollars… if you stacked a boatload of them early on, reached your crafting goals, and no longer need the excess you can sell to a vendor at a steep loss (-9 gold) or try to unload it to another player via the AH at a slim profit (+0.16 gold).
Would you rather lose 9 gold or gain 16 silver? Seems pretty obvious but just pointing it out since you seem so baffled by why people choose a gain over a loss.
not to the amount of 20 to 30K items a week.
but for the risk of losing money, it totally isn’t worth it.
Correct, and then you pay 5% of that sale price.
I agree with that, but I see the same couple of guys putting 20-30K items per week up there.
It is way too early to math. Math is at least a 10 o’clock discussion.
Because I seriously thought that the Diablo 3 real money auction house made an appearance in Warcraft suddenly
no, not at all.
buy from vendor = $12 (with rep)
sell on AH for $12.80
5% fee = .64
profit = .16
This is ONLY if you sell them on the first attempt. If you don’t, you lose $.45 per item you didn’t sell, then you will still have to pay the 5% when you do sell. There is no way they are turning a profit here.