The Auction House in World of Warcraft is one of the best places to make a lot of gold. Unfortunately, many players do not know how to properly use the Auction House to their advantage. Check out these tips from Valkor’s Gold Making Guidefor improving your Auction House returns
1 - Always set a buyout - Think of the Auction House like Ebay. You know how you can use the Buy it Now feature on Ebay to buy something immediatly? The buyout feature in the Auction House works the same way. The main reason for setting a buyout price is that it encourages someone to purchase now instead of waiting for their bid to end. This reduces relisting fees and helps you sell items quicker.
2 - Buyout Price Undercutting - a sneaky trick, but completely legit. Before listing your item, check to see what the other buyout prices are set to for the same item. As long as they aren't totally out of whack, set your buyout price just a little lower. This will ensure your item sells faster because a) you have a buyout and b) it's the lowest one available. If someone wants your item now, they can get it and save gold too! What's not to like about that deal
3 - Don't use Round numbers for starting bids - Have you noticed that when the Auction House assigns a default value to your item that it's never 25 gold, but something like 24 gold and 31 silver? Setting your starting bid to something similar makes buyers think the Auction House valued the item at that level and it's really worth it.
There you have it. Three Auction House tips. I know some of them are pretty simple, but you'll be amazed at the number of people who don't use them. Take the extra time and put the steps into action. You'll start getting more gold from your auctions and truly utilizing the Auction House to your full advantage.
More hot World of Wacraft Tips: