gold-making-tips
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Breakfast Topic: What is your Auction House money maker?
Lisa Poisso recently asked if player-made gear had become irrelevant. Many of the near 200 responses said yes. But The Godmother over at ALT:ernative disagrees. The 496 epic crafted gear market is alive and well on her server. She is making a healthy profit listing her creations on the Auction House. A jewelcrafter, an alchemist and a scribe are my high level characters, so I can't make high end gear. But my pockets are overflowing from the profits I make selling green drops from questing. While I've been able to sell uncommon gear throughout leveling my pandaren monk, the armor that has dropped while in the 80s has been particularly lucrative. In general, the weapons aren't worth spending the inordinately expensive deposit to list, but most of my other green drops are selling after one or two listings. I can make some profits from my gems, potions and glyphs, but nothing compares to the uncommon gear market on my low pop server. Now, I know people are reticent to give away their top money-making secrets. But there are enough servers with varying economies to make it relatively safe to reveal the items that make money for you. What works on your server may not work on another realm type or level of population. But I can still see where you may not want to risk it. Yet I'm asking just the same. What is your big money maker on the Auction House? Does it vary according to what days of the week you list it? If you don't want to reveal your secret, at least tell us if you have a big money maker or if you're finding it hard to sell things you used to be able to sell.
Gold Capped: Buy low, sell long
Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, comments, or hate mail! I've often downplayed the "buy low, sell high" aspect of the money-making game, instead focusing on using trade skills to create value and profits. There is, however, a lot to be said for brokerage. It can be much riskier but has a very good profit per hour when you win your bets. Unlike a game of cards, though, the odds are not stacked against you. There's one key fact that can stack the odds of brokerage in your favor: People charge less for items in a trade window than others would pay on the auction house. The best strategy to take advantage of this is to buy low and sell long. Why long instead of high? They actually amount to the same thing, but the key here is that instead of immediately trying to find some buyer who will put more money into a trade window than you, you list the product on the auction house. The auction house is the great differentiator between people looking to make a quick sale and those willing to wait for a high margin. If you see someone selling something in trade chat, chances are that no matter how much they're asking for, they're expecting a low-ball offer and are willing to sell somewhere in the middle. So what is it about the AH that makes stuff sell for more?
