The case for open orders on the auction house

There are changes afoot- PTR build 11599 had variables introduced that mention the mobile auction house. This means that we're probably due for a major AH redesign, and I am talking about more than just the nice "quality of life" changes which bring some popular addon functions into the default UI. I suspect Blizzard is going to have to redo some things from the ground up, so I figured I'd take this opportunity to pitch an idea.
Selling on the auction house is a "fire and forget it" asynchronous activity. You choose how often you want to check back and relist, but many people make all the money they need by simply posting 48 hour auctions. This should be how buying works. I think that it would make sense to allow people to post an open order the same way we can post auctions, which would allow people who are selling to choose whether to sell to an existing open order or put the auction up.
Asynchronous what?
The advantage of asynchronous buying and selling is that regardless of whether you're online or offline, the transactions you are willing to make are available. So for sellers, this means that even if we're not around to physically complete a sale of a product, a buyer can choose between our offers and our competitors' offers. The only advantage to camping the auction house is that the campers can change their offers more often.
What Blizzard didn't take into account when designing the auction system is that there is just as much fierce competition among buyers as there is sellers. Right now, if someone needs a lot of Saronite Ore, they have to either be the first one to see a well priced auction, or they have to be online to see someone advertising in trade. This means that the buyers who do the best (have access to the most mats at the best prices) are the ones who can afford to camp the auction house and trade chat.
Of course, we all go around the system when we can. We'll use the "snatch search" feature of auctioneer, as well as ask farmers to send their mats to us cash on delivery. Neither of these solutions are ideal, however. Snatch saves us time, but only lets us buy what's already on sale, and many farmers don't farm nearly enough to bother adding an auctioneer to their already cramped friend's list.
Open Orders
Open orders would solve this problem. Whether the farmer is high volume or casual, if they had the ability to go to a city and see all the demand for their wares, they would be happier, and the auctioneers who end up buying their stuff wouldn't have to spend as much time as in the current system.
The way I imagine this system is that it would still cost the seller money to fill an order, so that sellers wouldn't be biased against listing auctions. Each open order would have a maximum volume and a minimum quantity.
For example, I buy a lot of Cobalt Ore. Instead of spending a few minutes as often as I can spare the time checking the AH for it, I decide to post an open order. Since I only have time to process 40 stacks this weekend, my open order is for 800 ore at 1.5g each, with a minimum quantity of 1. I could choose a higher minimum quantity if I want, but I don't want to miss out on the people leveling mining with small stocks. Now, as miners come onto the AH, they would be able to choose between selling directly to me for a guaranteed sale, or trying to sell their stock for more as an auction.
Downsides? What downsides?
This would potentially reduce the amount of stock available immediately for casual buyers, but to be fair, every time I log in, I do the same thing by emptying the auction house of both factions of all the cobalt I can get my hands on. This system would actually go a fairly long way toward stabilizing prices, since people buying in volume who can afford to wait are no longer emptying the AH.
It would also be good because farmers would be able to decide what to farm based on real current demand, instead of just guessing based on what they remember selling. If a miner wants to decide between Cobalt Ore and Saronite Ore, all they would do is figure out how much they can farm in an hour, and see what kind of demand there is for each. Right now, the only information they can use to decide is information about the market last time they sold ore.
Filed under: Analysis / Opinion






Reader Comments (Page 1 of 3)
Delphenus Mar 2nd 2010 7:04PM
Just like EVE?
Tremelizzer Mar 2nd 2010 7:20PM
Exactly. And exactly what I first thought when I saw this article :P
Verit Mar 2nd 2010 7:23PM
Same here - for anyone who hasn't played Eve Online - basically you can put up an order for x amount of whatever, and if you have a portion of that you can actually trade your item for cash until the order is filled.
One thing it might do is stabilize the price on items (or at least the price guilds and the like are willing to pay), but it gives incentive to actually gather said items for whoever is actually ready to buy.
It would kind of create a whole new profession in the game really.
Megaboo Mar 2nd 2010 7:54PM
More accurately, just like a real commodities market.
Mortiseraphim Mar 2nd 2010 8:26PM
OMG this this this! I was just saying to my wife the other day in fact (in response to the AH changes) that it would be so wonderful for blizz to implement something similar (or hell, exactly alike) EVE Online's economy. The ability to put up a buy order for a specific item and how much you're willing to pay for it would be amazing for all sorts of reasons.
One example is I've been camping the AH for god knows how long trying to get a hold of a certain robe for looks. Being is a level 50-ish green, it's a total shot in the dark that anyone would want to sell it rather than disenchant it especially depending on if it dropped with a crappy enchant on it like 'of the wolf'. A buy order system would be a god send.
SmokeTheBear Mar 2nd 2010 10:04PM
It would be just like EVE, but that's not a bad thing. This is one idea which, as Megaboo said, would be closer to the real market, and the real market works that way for a reason.
I'm not all that keen on the market UI in EVE, but I'm sure Blizz would implement it in their own way that would be much more user-friendly, as well as being accessible to addon developers.
Flyhard Mar 3rd 2010 3:59AM
I really hope the implement the AH more like EVEs markets. That said - I guess earning money would get a lot harder. Since ppl would put buy orders up for everything, there would be very little to be earned by reselling...
Deathknighty Mar 2nd 2010 7:04PM
Hmm. Some nice ideas here. Hmm. ;)
prinbball Mar 2nd 2010 7:07PM
Why do you buy so much Cobalt Ore?
Massa Mar 2nd 2010 7:11PM
I'm guessing for prospecting to use in jewelcrafting. I use saronite ore, since it is much cheaper on Azgalor.
Vyle Mar 2nd 2010 8:32PM
He vendors shields.
Heilig Mar 2nd 2010 8:32PM
Blacksmiths make a couple of items from just a few cobalt bars that disenchant into far more than the cobalt was worth. If you can get cobalt stacks for about 20-25g per stack of bars, you're making a pretty decent profit.
Oriflame Mar 2nd 2010 8:36PM
It's also good for making blacksmithing items to sell directly, and (at least in the past) to disenchant at a profit.
Basil Berntsen Mar 2nd 2010 9:00PM
I'll get there :P
Magma Mar 2nd 2010 7:08PM
Brilliant!
Massa Mar 2nd 2010 7:10PM
Make the auction house more like a stock market--that would be awesome! I love this idea, is there any way you can get it to Blizzard and see if they can implement it? Or is it just going to be another hope of mine dashed?
Nadi Mar 2nd 2010 7:12PM
Couldn't agree more. This is one of the things that EVE Online did really well, and I think WoW would be well-served by an open order system.
Besides, gotta make those damn goblins earn their cut!
MusedMoose Mar 2nd 2010 7:13PM
As someone who just leveled up Blacksmithing and decided to buy a lot of the mats instead of farming them, I wholly and completely approve of this idea, and hope Blizzard institutes something like this in the future.
On a more personal level, I also highly recommend only doing gathering professions with a DK, it'll save you all kinds of headaches. @_@
Delshay Dethecus US Mar 2nd 2010 7:15PM
I love this idea, as a matter of fact back in the days of Level 60, I use to "Farm Myself Out" by putting in trade and on the Official forums that I was offering my farming services. I would let them all know that I skin and Mine and before I knew it my inbox was full from the lazy / not much play time players asking me to get them this or that, I always checked the AH for prices before hand and told them my price, and I made a killing! I think blizzard should think about this! Now how do we get this info to them??
P.S. This can still be done today, but make sure to have a note book ready to take orders, myself I filled a 3 subject note book both sides of the page, doing this in a little over a year.
Beldoro Mar 2nd 2010 7:18PM
I wish they put a deposit on enchanting mats - I hate the way that people can post 400 dust individually at ridiculous prices and have no deposit fees.