How to Make Money With Auctioneer in WOW
World of Warcraft (WOW) is an extremely popular online role playing game with a vibrant economic system in which game currency or gold can be used to buy items from other players through an automated auction house system. Similar to real life auction houses like Ebay, it is possible to earn gold using the auction house via two main methods: selling items you find yourself and buying items that are good deals in order to resell them.
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Instructions
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Normal Auction House Use
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1
Level up your character by killing monsters and carrying out quests and visit a capital city when your inventory is beginning to fill up.
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2
Find the auctioneer in the city and click on him to interact and create auctions.
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3
Perform searches for the items you have in your inventory to see the prices other players are charging for the items.
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Create auctions for each item with a buyout price as low or slightly lower than the lowest price you found in your searches. This will ensure that anyone looking to buy the item you have will buy it from you first before others with more expensive offers.
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5
Visit a mailbox to collect the gold earned from any items that sell. If items expire without selling, you can collect them at the mailbox and put them back up for auction.
Reselling Items
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6
Visit an auctioneer and search for popular items that are traded in high volumes. You will know which items are traded in high volumes by the number of actions that are available for that item. Commonly traded items should have five or more auctions available. Typically trade skill items like ores, herbs and cloth sell often, as do potions.
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Find auctions for high volume items that are selling for substantially less than the other auctions. For instance, if you find someone selling a stack of 20 of a certain type of herb for 10 gold cheaper than anyone else, you should buy out the auction to resell it.
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Create a new auction selling the item you bought out at the cheap price and charge a buyout price that is higher than what you paid, but lower than any of the other auctions for the same item.
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Collect your gold at a mailbox when the item sells. Recreate your auction if the item does not sell and consider lowering the price. If you make a bad purchase of an item, you may have difficulty reselling it for as much as you paid for it.
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Tips & Warnings
Having a high level character makes it easier to find good items to sell on the auction house.
Reselling can be time consuming.
Trade skill reagent items like metal ores, herbs and cloth tend to sell easily.
Searching the auction house regularly can help you get an idea of the prices that are typically charged for different items, which can help you spot a good deal that is a potential candidate for reselling.
If you do notice any other auctions for a certain item that you have, consider setting up an auction with a long duration that has a high buyout price but a modest starting bid price.
