I haven't analyzed my BeanCounter output in a long while, but I probably make ~50% of my gross profits on resales. I scan the AH with auctioneer once or twice a day and spend 2 minutes in the "Resale" search output (I can't recall my exact settings in there, but I definitely tweaked them a bit from default).

As stated, I absolutely do NOT buy everything that resale lists, and as stated, I try to only sell things that I know will have a market. I do quite well selling level 10-70 blues, and buying and reselling profession mats (though almost always it's levelling mats that I get rather than max level ones).

I try to make my AH play as time efficient as possible, so I have always avoided crafting stuff (except for the odd thing that I see has a high profit margin), and I find the buy low sell normal/high works great for me and using auctioneer takes barely any time at all.

The best turnaround I can recall was getting a 359 purple chest (I can't recall which one!) early in cata for ~2k on a bid and then selling it for 21k. I actually went back to beancounter to get the seller's name and sent him part of the profit cause I felt guilty!

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