- Look at the bid price, not just the buyout (b/o) price. Some sellers will fail to increase the starting bid price to something reasonable and you can get a real steal on these items. Just place a bid and cross your fingers nobody else finds it. It works often enough to be worth the time!
- Use wow.allakhazam.com to look up the item's AH pricing history. Look for items that typically sell for much more. Buy them out and resell them! I like to use Allakhazam's "most common price" index.
- Check the AH between 2am and 3am. Many auctions are getting close to expiring at this time. Combined with tip #1, you can score a lot of deals this way.
- If you are constantly looking for high-end mats, set a limit on what you'll pay. I'll only pay less than 21 gold for Arcane Crystal, for example.
- If you can get mats at a good price, buy more than you need. Prices fluctuate on these kinds of goods, so having extra will hold you over when the price is high.
- Sometimes the price really spikes on higher end mats. In these cases, you can take your extra mats to the AH and resell them with no modification at a good profit, and without blowing a cooldown!
- If you regularly sell a particular kind of mat, check the other auctions for the same item before you put it up. If there are too many auctions going, just skip it. I won't auction anything if there is more than 1 page of listings.
- Check the pricing of those mats as well. If the price is too low, hold on to it and sell it later.
- When pricing your own mats, don't undercut everyone else as that damages your market. I like to go for a price that's a few steps above the cheapest deals, but still a fair price. The cheapest deals will go so fast, your item will be all that is left and will still sell.
- If you know your item will sell easily and the AH is doing high volumes (say from 7pm - 9pm pst) put your item up for only 2 hours and save some coin on the listing fee.
- Only use the 24 hour listing for items where your target market is small. Good examples of this are blue/purple level 50 - 60 weapons, armor, etc. Consider not setting a b/o price on these items.
- Make sure your auction will expire during high-traffic AH hours. Start 8 hour auctions at noon, and 2 hour auctions at 6pm.
Monday, July 18, 2005
Gettin' Lucky at the AH
A few tips and tricks.
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