Auction House gone nutZ?

[MrBCorp]

What is up with the auction house?

I left it alone for a while (maybe a couple of months or so). Now that I’ve decided I need to make money I’ve come back to it.

But the prices seem to have all dropped, and I mean everything, mats and items.

Did something happen? Was it all those accounts banned earlier this year? Was it the changing of stack size?

I’ve noticed heavy leather, which used to sell for 50s~65s for 10 now sells for about 70s~80s for 20.

And some items (clothes) which I used to make a nice profit on are now being flogged for next to nothing. Not only are they up cheap (way too cheap to make a profit), but there are multiple listings. Are these people idiots?

And I remember being able to play the AH game, buy low, sell high. But now it doesn’t seem to fluctuate, certainly not like it used to.

Are other people seeing the same thing?

[Zhuge Liang]

Well i play on a relativly new server as far as i know, and due to the high % of lowbies the lower lvl items get flooded into AH, linen wool silk cloths all cheap as chips with many pages of listings, also theres mulitple trade goods posted such as tough leather gloves so ppl are constantly undercutting each other, so i hardly see where ppl are making a profit on these items :grin:

So maybe the pop. of your server has risen or fallen or maybe ppl have just moved on from selling certain items so supply and demand have changed on the things your used to seeing and knowing the prices for, after all you have been away for a while like you say :shocked:

Anyway hope you land back on your feet or at least feather fall your way down and back into wow :laugh:

[Magikhat]

supply and demand my friend. If i throw up 60 dream dust on the AH the price drops. If i take 3 days off prices will go back up hence supply and demand.

[MellanCholera]

how old is your server?
On my server, when it was younger many items had higher prices since they were in shorter supply. Now that it is mature the prices have fallen way down. The prices of other items like arcane crystals went up instead of down. Since even though the supply is higher, demand skyrocketed with more 60s needing them.

Also when they increased the stack sizes for leather the price dropped somewhat here. They climbed back a little but never to what they were before.

[MrBCorp]

It's been nearly 2 weeks and I'm seeing the same thing.

No variation. I'm thinking maybe Zhuge Liang is right, fresh players coming on to the server maybe?

But there should still be some variation on prices, supply and demand, as you say. But I'm not seeing that, just a constant low price(s).

[kcma]

you can't control the price of AH (unless youre kcma), go with the flow :)

there is absolutely nothing wrong with your AH.

[Mysticfire]

Keep them low, I say. It helps the none twinks compensate for their lack of have-not through cheap stats enhancing potions!!

Blizzard can adjust demand and supply by will - flood the market with Black Lotus.. Dreamfoil... like they did by making Stonescale eels swarms in easily seen spots eg. on the coast of Feralas.

Inflation will only force people to buy gold from Ebay cause farming monsters the whole day just can't keep up. Killing a boss is worth 23G? Pah, a Flask is 3 times the cost of the earning of killing an elite boss in a high-end dungeon.

You sow what you reap, nonsense. Wake up to reality, Blizzard! We are here for gaming content and fun, and not become slaves of waaay overpriced gear/mats which in reality just serves to feed and fester the thriving gold farming/resale industry operating OUTSIDE the game...

[Magikhat]

It's been nearly 2 weeks and I'm seeing the same thing.

No variation. I'm thinking maybe Zhuge Liang is right, fresh players coming on to the server maybe?

But there should still be some variation on prices, supply and demand, as you say. But I'm not seeing that, just a constant low price(s).

Well if people keep putting up the same items without a break, the prices will stay low. So the supply is there. Only when demand>supply will the prices go up

[kcma]

u can always stock up <3

[Redmumba]

One of the reasons the prices have gone up was because of Blizzard's sudden crackdown on gold farmers. THese farmers--while upsetting the "balance" of the economy--set the prices low enough so that they always sold, but high enough so that they made a profit. With greedy individuals now running the show, they can set it as high or as low as they want--and peple follow like sheep.

I miss gold farmers. :(

[rgirty]

Things are less expensive when gold farmers are active. The AH is like walmart every day low prices.

Gold farmers go away and it becomes a free for all slug fest make as much profit as you can flea market.

[Wasabee]

I have noticed a price drop across the board. I think it is do to the following:

1. Gold Farmers - Blizzard removed tons of G. People that bought G to buy goods can't anymore. Those that sold overpriced items are stuck with them or multiples and have to sell reduced (I have 60G tied up in 2 blues). Market becomes flooded with items. No gold farmers/buyers leads to #2 also.

2. No "quick" way to get G (see #1) so people go out and farm for themselves. (Take an hour through SM you get 7 G, some blues and greens, silk, etc.) They sell it on AH.

3. "Established" AH players. They are working KCMA's plan. There is only so many goods that you can wheel and deal.

4. Increase Drop Rates/Tier .5 Quests. These have caused people to "go out and do it yourself." More crap looted to sell on AH. (The ghost getting thingies...why not pick those flowers/mine/etc. while working on your quest?)

5. Excess of Players: If everyone has become more effective in collecting (All my alts have at the least 14 slot bags and gathering professions) then there is that much more in the AH. Also people have become more resourceful. (Once again my alts have every proffesion...so my Mage mines and sends arcanite crystlas to my pally alch to make me my bars. My Hunter sends rugged leather to my Priest to make runecloth bags. Etc.) So the demand goes down.

Wow that was pretty good. (We need another war to make the economy work in our favor!)

[edandor]

i have seen my AH go to crap since the gold farmers have all left. there is a MAJOR problem with my action house. i was gonna by a bow for my hunter alt (lv 16 right now) and there were only 4, yes, 4 bows on the AH! 3 of them were lv 50 blue bows, one of them was a crappy mid 30s green. last night before i logged there were no staffs over lv 40 except a glowing brightwood staff, which was priced at a hefty 900g. felcloth has risen from 1.5g a piece, to now like 6 or 7g. what sucks is that mooncloth has fallen in price, so i dont even makea profit making mooncloth anymore. the problem is that its been like this for weeks now, there are major major major problems with my server and its econ, so its possible for yours to be the same way =/

[Valas Azuviir]

Depending upon how long it's been since you last saw your AH, and considering it's not something that was mentioned before. But was the last time you checked your AH prior to the opening of the Gates of Ahn'Qiraj on your server??

Markets kinda crashed after that as well.

[rgirty]

for 7g a pop i'd be taking out some satyrs

[Nitsujcm]

I miss gold farmers too....
I liked it when people had money to buy my stuff...

[Wasabee]

7g a Piece? Run Ud Strat. (you couls get a stack, then you'd get 140G).

[morko]

I wonder if the widespread use of the Auctioneer add-on is having a depressing effect of AH prices.

[kcma]

i noticed this and blogged it on my hunter thread. gold farmer really does not changed the dynamic of the economy at all, supply and demand remains unchanged relative to other things.

what happens with all the gold is... inflation. the gold itself lose value, but items value relative to each other isnt affected by it. the ppl who first buy gold will have MUCH more purchasing power. and then it gets trickles down. ppl who farm stuff now sells for more gold. and in the end. everyone still have the same relative wealth. and as long as my realm is NOT trading with your realm. inflation has no real impact.

***

so... besides the fact that gold buying violates TOS and is morally wrong according to some people. it does not negatively impact economy. that's just a wildly badly misunderstood misunderstanding.

take a righteous orb for example. without gold buyer, maybe they're 20g. with gold buyers, they might be 100g each. and you say, curse the gold buyer!!! i cant get 100g!!

well guess what, the righteous orb you used to sell for 20g is now selling for 100g!

the only difference is he spent whatever cash he did on the gold and you didn't.

***

so actually, when gold is depleted. it's the other way around.

the lack of demand (gold) drives the price down. BOE blues are dirt cheap on my realm now, and very few ppl can afford purples.

***

again, not condoning buying of gold but they're not the evil scapegoat ppl paint them to be. if you cant afford ___, it's not because someone else bought gold it's because you don't know how to make money. and if no one buys gold, you still can't afford it.

and don't miss the gold buyer's gold to buy your stuff. because you dont need much gold to buy anything now that they're dirt cheap. things really didnt change.

[Wasabee]

I wonder if the widespread use of the Auctioneer add-on is having a depressing effect of AH prices.

If that's the case then take 200G and mess with the market. Find an item that sells for 1G now. Buy all of it and repost for 3G...do that for a week to 2 weeks...then repost with an alt, at 2.5 G...a few at a time (Most likely the "item" would have to be enchanting mats)...keep buying all the 1G ones till people start posting for 2G...then dump your inventory at 1.60 G and people should buy out thinking that they can sell for 2G.

You get the 2G profit from some people buying at the 3G price.
You get 1.5 profit for the people thinking they are getting a good deal at 2.5G.
You get yourself .6 G for all the ones you bought at 1G.

Takes time and energy.

People seem to be "short-term" when it comes to buying and selling...

[morko]

<People seem to be "short-term" when it comes to buying and selling...>

So funny, that's true in WoW and elsewhere.

I trade for a living in my RL. AH = NYSE. I worked the place (AH) so well for my first WoW year. Not as easy anymore but gold isn't a problem anymore either.

[kcma]

<People seem to be "short-term" when it comes to buying and selling...>

So funny, that's true in WoW and elsewhere.

I trade for a living in my RL. AH = NYSE. I worked the place (AH) so well for my first WoW year. Not as easy anymore but gold isn't a problem anymore either.

sure we're making less gold in AH now, but everything we wanna buy is cheaper too. our relative wealth remain the same.

i'll admit that i love big numbers though... having thousands of gold is great... it's like when i was in japan, a a cup of coffee is 450 yen. i mean, dood... that's a HUGE number... but what is that? $4? =D

Wasabee: this is one of the things I do to get the price i want to sell my things at (and bait low bids to resupply my stash):

http://forums.worldofwar.net/showthread.php?t=372498&page=34

[HunterXel]

Hello, newbie here - I've just started playing the game, and have established 3 new toons. My highest one, is a Night elf hunter on Silver Hand server/relm. I've seen the AH there, but never done anything with it because she's only a level 9 toon. I'm hearing talk of all these 30+ level items, etc.
Well what about the AH market for newbies? Does it exist? Can I sell rough-leather items or plain cloth items on the AH? Is it worth my time? I wasn't sure if I should just dump them off to the closest merchant, or try to sell them at the AH?
Any help? :confused1:
Thanks

[Wasabee]

There is always a market for the "newb" items. People level alts, start new proffessions, or are "new to the game" too. There is always a market for goods. (Even stupid little pet things that follow you around.)

[AeroJonesy]

People learn and people grow. Now people disenchant what they otherwise would have put on the auction house. And more people have the rare recipes so you can't jack the price up. Some things go up in price and some go down.

It used to be that essence of water was around 9-10g on my server and essence of undeath went for about 10s. Then people found out about the transmute undeath to water recipe. The recipe got farmed, then bought out in the AH. Suddenly lots of alchemists wanted essence of undeath to transmute to water. So the price of undeath goes from 10s up to about 2-3g. And essence of water goes down from 9-10g to 5g.

[kcma]

haha yep :p greater essence and lesser essence too. but if you catch the shift, you can always make a few gold just changing them around.