Playing the Wow auction house

foal · #1 09-24-2007, 12:17 PM

I got back into WoW a couple weeks ago, but the only aspect of the game I'm really interested in is the auction house. I played a skinning/mining rogue up to level 20 just to have some funds to get started with, but I now find that spending all my time on my level 1 auction character is much more efficient.

So far I've mainly been dealing in linen cloth and light leather and am gradually moving into some slightly more expensive items like mageweave cloth. I'm thinking that with the new expansion in the works, cold resist items should go up significantly in value. I'd like to stock up on them if I can actually make enough funds (all I have right now is about 100g worth of leather and cloth). Oh and I use the program "auctioneer" and it's not really all that helpful so far, but it doesn't hurt.

Anyone else into this?

Shoe · #2 09-24-2007, 01:19 PM

[ QUOTE ]
I got back into WoW a couple weeks ago, but the only aspect of the game I'm really interested in is the auction house. I played a skinning/mining rogue up to level 20 just to have some funds to get started with, but I now find that spending all my time on my level 1 auction character is much more efficient.

So far I've mainly been dealing in linen cloth and light leather and am gradually moving into some slightly more expensive items like mageweave cloth. I'm thinking that with the new expansion in the works, cold resist items should go up significantly in value. I'd like to stock up on them if I can actually make enough funds (all I have right now is about 100g worth of leather and cloth). Oh and I use the program "auctioneer" and it's not really all that helpful so far, but it doesn't hurt.

Anyone else into this?

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When I played, I made lots of money just buying cheap in the AH and reselling. I normally used the items needed for enchants, such as greater/lesser nether essences and stuff like that. Often I would buy 1 greater essence for 2g, which can be turned into 3 lesser essence, and sell those for 1g each = 3g total = 1g profit. They don't charge a listing fee on the essences either which is nice. There are tons of items that can be made a profit on if you watch the market.

Moozh · #3 09-24-2007, 03:41 PM

I think you need to get to lvl 5 or something to be able to start disenchanting. I did that for a long time, buying cheap lvl 10-20 weapons and disenchanting, then selling the essences back. But then the market got fairly saturated, so it may not be profitable anymore. This was also over a year ago (I haven't played for a long time).

vulturesrow · #4 09-24-2007, 04:19 PM

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I think you need to get to lvl 5 or something to be able to start disenchanting. I did that for a long time, buying cheap lvl 10-20 weapons and disenchanting, then selling the essences back. But then the market got fairly saturated, so it may not be profitable anymore. This was also over a year ago (I haven't played for a long time).

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They effectively ended the days of an AH disenchanting alt because the level of the item you can DE is tied to your enchanting level. This really hosed me as I made a ton of money through disechanting. Buy low sell high is still good for lots of money. Its just like any other market really. Also once you get a good base of funding you can manipulate prices by buying mass produced items and then relisting at an inflated price. Takes a fair amount of gold and dedication to do this but its possible.

Bigka79 · #5 09-25-2007, 12:35 AM

i think u guys need a life....go play some poker

foal · #6 09-25-2007, 09:27 AM

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i think u guys need a life....go play some poker

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I only get on WoW like once a day [img]/images/graemlins/smile.gif[/img] Less if I'm busy. It takes time to sell things.
If I want to start hardcore monopolizing and price gouging, that'll be a different story.

Total Poker Noob · #7 09-26-2007, 01:19 AM

I use the auctioneer program as well.

The first thing you have to do is scan the AH everyday, 2 times if possible.

Then right after your scan search for Auctions that are listed 70% below value.

When the items come up check to see how many times it has been in the AH 10+ is good.

Then start at the top 99% and work down.

I do this all week long and then throw all the stuff on the AH on Friday night so it is ready for the weekend. I am a level 48 hunter and I have over 700 gold just from doing this.

Hope that helps.

Bad Beat Maker · #8 09-26-2007, 03:23 AM

BEAT:

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I got back into WoW a couple weeks ago.

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HORRIBLE GAME! FFXI > WOW

fredd-bird · #9 09-26-2007, 05:44 AM

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i think u guys need a life....go play some poker

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I quite WoW to play poker. /golfclap

foal · #10 09-26-2007, 11:14 AM

TPN:

Thanks, I may try this. Lately I've been spending all my money on underpriced cloth and leather, but I'm starting to see that I'd be better off diversifying since I can only sell so much of one particular at a time. Demand for my items seems pretty high though, so it's been working out.