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Posts with tag auctioneer

Gold Capped: Market timing


Want to get Gold Capped? Watch this space every week as Basil (also of the Call to Auction podcast, the Hunting Party podcast and outdps.com writes about making gold in the World of Warcraft. Have questions, comments, or threats for him to get off your damned server? Email Basil!

The prices for all kinds of things fluctuate. I talked a little about this in my post for casual auctioneers, but there is serious money to be made with market timing for very little investment. Basically, the goal is to watch prices for a few weeks, try to predict their next swing, and take advantage by buying low and selling high.

Watching prices

Easier said than done, like most things worth doing. You might get hundreds of items you'd like to watch, and short of a photographic memory or a manual spreadsheet, you're going to need some help keeping track of it all. Enter Market Watcher. This is a nifty addon that, once configured, allows you to scan the auction house for just the things you're interested in, and will show you a graph of their prices over time once you get a couple scans done.

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Filed under: Economy, Add-Ons, Gold Capped

Gold Capped: Casual auctioneering


Want to get Gold Capped? This column shows you how. Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast and the Call to Auction podcast will endeavor to fill your head with so much economic wisdom that you won't be able to see straight afterwards!

Making money in game can seem complex. Well, it is. The real pros have addons and UI customizations most people would never bother developing, keen understanding of the chains of supply and demand in the in-game economy, as well as inordinate amounts of time to spend in the auction house. What if you're just out to fund your epic flyer, though?

If you're reading my column to see whether there's a cap on the amount of gold you can stuff into a guild bank, chances are you've already carved out a niche for yourself. If, however, you don't plan on spending any more time in the AH than you absolutely need to, what can you do to make more money there than you make grinding dailies?

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Filed under: Economy, Gold Capped

Gold Capped: Making money with enchanting scrolls



Want to get Gold Capped? This column shows you how. Join author Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast and the Call to Auction podcast
.

Enchanting is like the auctioneer's sonic screwdriver. Having a maxed-out enchanter is a major boost to many other professions, as their ability to disenchant is just amazing. It will help you recuperate money when leveling your professions, as well as open up business opportunities that may not have been profitable otherwise.

So how else can you make money with enchanting?

The wrong way to make money with enchanting

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Filed under: Economy, Gold Capped

Gold Capped: Making money with jewelcrafting

Want to get Gold Capped? This column will show you how, and is written by Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast, and the Call to Auction podcast.

Hi folks, this week we'll be going over jewelcrafting. Making money with jewelcrafting can be a challenge, but it's a rewarding one. In fact, very few professions have as much earning potential as this one does. We'll start with the easy part: if you have a jewelcrafter, where's the low hanging fruit? I like to call this "reactive" profits. Anything where you can get a fixed income sort of profit for minimal effort, but you can't grind falls into this category for me. Alchemy has daily epic gem transmutes, mining used to have a daily Titansteel cooldown, tailoring has a bag cooldown, etc. What does jewelcrafting have?

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Filed under: Economy, Gold Capped

Gold Capped: Automating the grind



Want to get Gold Capped? This column will show you how, and is written by Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast, and the Call to Auction podcast. Don't forget to drop by Onyxia-US this Sunday at 7:30 PM eastern time to get ganked by one of the CtA hosts and tak
e the money of the other one! A good time will be had by all, and we'll be sticking around after the event to chat with readers and listeners!

Grinding is a pain. Avoiding grinds is why I got into the auction house in the first place. Repetitive and boring tasks are not fun for most people. Unfortunately, while some businesses are relatively grind free, certain tradeskills require us to do something like milling (inscription), prospecting (jewelcrafting), or disenchanting (enchanting).

The more volume you want to sell, the more volume you need to process. I know of scribes who sell 1200g a day of glyphs at an average of 8g each. That's 150 glyphs sold, which means 150 Ink of the Sea squeezed out of northrend herbs. You get 5-6 inks per stack of herbs, so this guy mills a minimum of 25 stacks of herbs a day. Each stack of herbs requires at least 4 hardware events (clicks or keypresses).

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Filed under: Economy, Gold Capped

Gold Capped: Buying with Auctioneer's snatch list


Want to get Gold Capped? This column will show you how, and is written by Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast, and the Call to Auction podcast.


Auctioneer has a myriad of uses. I've covered selling, and this week, I'll be covering buying. This addon has way more functionality than most people use, but because of the incredible quantity of complex options, many people never do any of the really cool things with it.

The best way to buy lots of types of items with Auctioneer is with their "snatch" search. The way it works is it goes through your most recent snapshot of the auction house, and presents you with a box that allows you to buy or bid on items you've defined as a "good deal."

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Filed under: Gold Capped

Gold Capped: Selling with Auctioneer's Appraiser

Want to get Gold Capped? This column will show you how, and is written by Basil "Euripides" Berntsen, also of outdps.com, the hunting party podcast, and the call to auction podcast.

Auctioneer is a wonderful addon I've mentioned a few times already, and today we're going to talk about how to use it to sell your goods efficiently. First up, go download and install it. Now, when you open the auction house, you will see a different interface. We'll be going over a bunch of other useful functionality this has in another post, but today, we're focusing on selling. Do a quick scan by clicking on the fast forward arrow:


You should make a point of scanning the AH this way as often as possible, but generally not more than a few times a day. I do it every two days, or whenever I need the data. This allows auctioneer to learn what items are worth in your economy, by keeping track of the listing price over time.

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Filed under: Gold Capped

Gold Capped: Using blacksmithing to make gold on the auction house



Want to get Gold Capped? This column will show you how, and is written by Basil "Euripides" Berntsen, also of outdps.com, the hunting party podcast, and the call to auction podcast.

Blacksmithing is a crafting profession that has made me a lot of money. Today, we'll talk about how you can use blacksmithing as something more than a couple of extra gem slots for your main, and actually make gold! Many people with crafting skills invariably have tried linking their profession in trade and saying "tips appreciated." Has that worked for you? Me either. If you want to make money with any crafting skill, the true profits are from acquiring the mats yourself, crafting, and selling your wares over the long term. As I mentioned in my previous post, the default UI won't cut it for our purposes, so let's get cracking and set you up with a proper crafting UI.

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Filed under: Gold Capped

WoW Rookie: Auction House basics

New around here? WoW Rookie points WoW's newest players to the resources they need to get acclimated. Send us a note to suggest a WoW Rookie topic.

To a new player, navigating the Auction House and the server's trade economy can seem as intimidating as the national debt. What sells? What doesn't? How do you find bargains? How do you know what prices to set for your goods? Is undercutting a wise idea? What's the fastest way to rake in gold – and what's the safest way?

The best guide to the actual mechanics of using the Auction House comes from Blizzard itself. A careful review will give you a firm grasp of the basic parameters for profitable buying or selling. Beyond the basics, what most players want is solid advice on what's worth selling on the AH, how much to charge and how to get the best buys. Let's touch on those areas next.

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Filed under: Tips, Economy, Add-Ons, Features, WoW Rookie, Making money

The Daily Quest: Dave Arneson rolls a 20


D&D co-creator Dave Arneson passed away earlier this week. While you might not have played D&D, know that he and the late Gary Gygax were the pioneers of this genre of games. I would not be surprised to hear from Blizzard on this in the upcoming days.

On a personal note, I ran into him around the age of 10 while in a St. Paul, Minnesota comic book store (Schinders, for those of you wondering). I was looking at Magic cards mainly, but he was browsing around and came over and talked with me when he saw I had turned my attention to one of the D&D 2e books. The clerk later told me as I was checking out who he was.

Filed under: News items, The Daily Quest

The Daily Quest: Paladins, Rogues and Bank Alts, oh my!


We here at WoW Insider are on a Daily Quest to bring you interesting, informative and entertaining WoW-related links from around the blogosphere.

Filed under: The Daily Quest

Addon Spotlight: AuctionLite


Addon Spotlight takes a look at the little bits of Lua and XML that make our interfaces special. From bar mods to unit frames and beyond, if it goes in your Addons folder, we'll cover it here.

Slightly continuing in the vein of "alternatives to," today's Addon Spotlight looks at an addon that some prefer to the mighty Auctioneer. Auctioneer is one of the all-time great WoW addons; it's been around forever and offers pretty much every auction-related feature you could possibly think of. Unfortunately, massive feature set and good book-keeping facilities come at a cost: system resources. There's no denying that Auctioneer is well up there on the list of mods that use rather a lot of memory and CPU.

Enter AuctionLite. The "lite" applies both to its feature set and its resource footprint. It doesn't cover everything Auctioneer does, but the core use cases, at least for me, are covered:

  • Track average prices
  • Suggest prices for listings based on what's on the market right now (undercut)
  • Rapid listing and buyout
  • Calculate disenchant prices
  • Show auctions that look like good deals

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Filed under: Add-Ons, Features, AddOn Spotlight, Making money

Time is Money: Selling vs. Disenchanting


Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply).

Today we'll be discussing the benefits of disenchanting items, and weigh them against your other options, such as vendoring and auctioning.

For the purposes of this discussion, I am going to assume that you aren't using the materials to level, but rather, are interested in making the most gold possible.

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Filed under: Items, Analysis / Opinion, Tips, Tricks, How-tos, Features, Making money, Enchants, Time Is Money

Phat Loot Phriday: Leeka's Shield


Here's a shield for you tanks to try and get from a trip back in time this weekend.

Name: Leeka's Shield (Wowhead, Thottbot, WoWDigger)
Type: Rare Shield
Armor/Block: 7032 / 197
Abilities:
  • +37 Strength, +60 Stamina, which is quite a bit of Stamina for a shield. And we know there's almost nothing tanks love better
  • Unless it's Defense rating, of which this shield gives 38. An exceptionally nice shield -- not the last one you'll ever get, but it's definitely a reason to check out the new Caverns of Time instance the second you hit 80.
  • And yes, like most of the stuff in CoT: Stratholme, there's a little lore behind this one. There's a shop in Stratholme called "Leeka's Shields and Maces," so it's a pretty good guess that this shield came from shieldmaker Leeka back during her human days. Why do we say human? Because Leeka turned undead, and then apparently turned Forsaken -- she's an auctioneer in Undercity now. It would be awesome if she commented on this shield whenever you showed up wearing it, but maybe she doesn't remember -- do the Undead have memories of their previous lives?

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Filed under: Warrior, Items, Analysis / Opinion, Instances, Phat Loot Phriday, Lore, NPCs

Why Blizzard needs to put AH data on the Armory

There is a certain party, a regular emailer to us among our readers, who believes that we here at WoW Insider take a little too long at the start of our posts to get to the actual point of each story, so in this one, I'll just get right down to it: Blizzard needs to put Auction House information on the Armory.

I've been on the grind to the 5000g for my epic flying mount lately, and I've been playing the Auction House like a demon: calculating, buying, selling, and crafting my way to as much gold as I can throw together. And while Auctioneer has definitely helped, the best way I've found to track prices and make sure I get the most for my time in the AH is just to see the prices themselves -- no average price calculated by Auctioneer is worth enough as seeing the real thing. And that's where Blizzard comes in -- while there are a few sites that attempt to track prices with various methods, they have actual, constant access to the prices on every server. And they have a great place to put them: on the Armory.

The item pages on the Armory right now are practically empty -- besides some vendor and reagent information, there's almost nothing there (especially compared to, say, Wowhead). Giving player access to AH information would pull them into the game even when they couldn't play, not to mention let some of Blizzard's most talented web programmers -- their fans -- at data that they could do tons of great stuff with. Want a text alert when your favorite mats drop in price, or when there's room on the AH to finally sell off those Elixirs of Agility you've got? By passing out AH info to the Armory, Blizzard could give fans access to the data needed to make their own great tools, not only leaving Blizzard free to work on actual development, but giving us Auction House haunters all the access we need to track prices and have that much more fun playing the AH.

Filed under: Analysis / Opinion, Odds and ends, Blizzard, Add-Ons, Making money

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