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Reader Comments (Page 1 of 1)
6-07-2011 @ 10:11AM
WSJ said...
Flipping seems to be a negative word to many people these days. I guess it is because when people think about a flipper, they think of someone making huge profits on a home that they purchased at a low price and sold for a much higher price. Not all flippers made money in this way, yes, they bought a house at a low price and sold it at a higher price, but it is mainly because they fixed the house up. Fixing that house up meant that the buyer didn't have to use his cash or expensive credit card debt to make those repairs.
I see the people who buy any item on the AH at a low price and sell at a higher price as a simple trader. How many of us hasn't seen something at a low price, so low you have to buy it, and sell it at a higher price? The old saying 'buy low, sell high' has probably been around forever and that's exactly what some do on the AH no matter the item, whether it be books, herbs, skins, or ores. They are traders looking for a profit, maybe 'day trader' would be a more appropriate name to use.
I have an alliance and a horde inscriptionist on the same realm. Prices on the books, the herbs, and the glyphs vary from day to day, even hour to hour on some items. A glyph that was 30 gold yesterday maybe 5 gold today or even 100 gold. Prices aren't steady on most items.
The horde population on the realm is much lower than the alliance and the prices generally vary more and usually stay higher. The reason for the higher and less predictable prices could be the lower population. If Blizzard could make cross-realm AH's possible, like they have with battlegrounds and instances, I think this could stabilize prices a great deal. Until then, flippers or traders or whatever you want to call them will be there to stabilize the price at a possible profit.
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