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Making the AH your DailyFollow

#27 Aug 31 2010 at 1:28 PM Rating: Decent
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I don't do much auction-wise, but I always check for the items that sell auction for less than the vendor price, and am always amazed by how many there are out there. I consistently make 5-10 gold a day simply buying these items. It may be a small amount but there is absolutely no risk to it and it only takes a couple of minutes.
#28 Aug 31 2010 at 4:34 PM Rating: Good
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Justarandomguy wrote:
I don't do much auction-wise, but I always check for the items that sell auction for less than the vendor price, and am always amazed by how many there are out there. I consistently make 5-10 gold a day simply buying these items. It may be a small amount but there is absolutely no risk to it and it only takes a couple of minutes.

This is particularly good for new characters without a sugar daddy. Below-vendor items are often, by definition, cheap in absolute terms - and as you say, there's zero risk. I have a BE in a different server cluster that I use to (a) see the starting area quests, (b) have something to do during extended maintenance now that I'm done with the DK area. The first time I circled back to town at level 8 or so, the first load of copper ore in her pack got me close to 8g, and when I got that in the mail, vendor items almost doubled it immediately. A bit lucky perhaps, but the principle is solid.
#29 Sep 01 2010 at 10:12 AM Rating: Decent
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One day I leveled to about 3 or 4, ran to a city with a few silver and simply searched the AH with no search terms, and sorted by bid price. Spent about 15 minutes sorting through the list, bidding on things with insanely low bids like 1 copper that have potential to resell. Lowbie foods, especially uncooked, scrap stacks of things like linen (in quanties of 6 or 13 instead of full stacks). That can actually be profitable sometimes for lowbies, being a stackmaster where you either buy incomplete ones and sell the completed for profit, or buy stacks and sell in singles.

So basically, 5 minutes played, 2 min run to city, 10-15 on the AH, then logoff. Login the next day see what you won and post it. Collect your failed bids (probably 75%) and repeat a few times. I got to like 15 gold easily then got bored and stopped. But you can see the possibilities there, going from like 3 silver to 15 gold.

I remember things like nearly full stack of peacebloom for 1 silver bid. Probably 17 pieces. Break that down and list in singles for 11.97 silver a piece. I might actually do it again its kind of fun. Where I get stuck is in the midrange, like what to buy when you have about 5-50 gold with no professions.

I was going to start buying raw mats, find crafters and sell what they make me (ie: fiery weapon scroll for 3x markup) but that seems a bit sleezy to me.
#30 Sep 01 2010 at 11:33 AM Rating: Good
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mikelolol wrote:

I remember things like nearly full stack of peacebloom for 1 silver bid. Probably 17 pieces. Break that down and list in singles for 11.97 silver a piece. I might actually do it again its kind of fun. Where I get stuck is in the midrange, like what to buy when you have about 5-50 gold with no professions.


This is how I got my money rolling when I rerolled on a new server. Took my fresh DK out of DK boot camp to a city. Had the 20-ish starting gold. Grabbed all those peacebloom, silverleaf, and earthroots that were being sold for some coppers/ea. Noted high stack prices at 60g (srsly ppl?) and lows at a couple silver. Bought all the cheap stuff and relisted at a few g/stack. Made my first 2-300g in a day or two.
#31 Sep 01 2010 at 2:34 PM Rating: Good
I am totally into bidding low on tradegood items. Usually, the percent I'll bid at is 35% of market value or lower, but I'm amazed at the quantity of items where the bid price is a lot lower than that.

Edited, Jun 16th 2011 10:44pm by dadanox
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#34 Sep 03 2010 at 1:19 PM Rating: Decent
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I've been using your advice, particularly on Disenchant and Snatch searches, since I restarted a month ago following a year off from the game. Setting up a Snatch search list was a pain, but it's been well worth it. I've played my pally up to level 55, and in that time and with a little bit of cash sent from a DK I've made about 2k gold, which is about 1.9k more than I normally have around this level, whilst getting my DK's Enchanting up to 330.

It's hard to tell how much money I've made from disenchanting - vanilla dusts are really cheap on my server but essences are rare so I either make little money or loads. Snatch is working well - I look for any tradeskill mats or pets I can make money on. Sometimes I have to hang on to items for a few days while someone floods the market with items at around 50-75% market value, but I make good cash on them in the end.

Thank you for the tips, dadanox - until I tried them I never knew playing the AH could be easy or fun :D
#35 Sep 03 2010 at 6:29 PM Rating: Good
I'm glad the thread could help get you started.

I added to my snatch list the top gems, enchanting scrolls, glyphs that I found for all the classes on wowpopular. I've also got most leathers, ores, bars, simple gems, and herbs. Things that don't sell well or that you get flooded with, you can delete, or go really low on the snatch percentage (1 to 10 percent).

On a lot of items like shards, gems, and glyphs, I have auctioneer list stacks of 1, and tell it to post only 10 of them. For every item, you can customize the stack size and quantity. I batch post everything with price matching.

I know if I really analysed the market, there are a lot more opportunities out there. However, I'm happy with my current routine.

Edited, Sep 3rd 2010 9:05pm by dadanox
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#36 Oct 10 2010 at 6:54 PM Rating: Decent
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Decided to stop lurking just so i can comment on this thread lol, theres a ton of intresting and usefull information in here. At least for someone like me who hasnt had much success really makeing the AH play to my advantage aside from a couple small instances, i make all my gold elsewhere. But, truth be told that came from doing a realm swap and finding much to my joy that the stuff i carried over was worth a ton more on the new server lol.

I am really intrigued by what Sand said about using multiple toons to undercut himself, will have to try it myself sometime.. though tbh Windrunners economy drives me insane so who knows how well it will work out.

Thanks for the info all who contributed
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#37 Oct 11 2010 at 5:12 AM Rating: Good
With the patch probably hitting tomorrow, we will have to see the impact on us who play the AH game. Hopefully I simply have to spend a little more time posting my auctions. The ability to batch post multiple auctions with one keyclick will probably be gone. If we retain the snatch ability, I'll be ok with that. I am waiting to see how it all turns out.

Edit:
The Preview Edition of Auctioneer works with the patch. The only real change is that now you must confirm each item when batch posting. That's ok.

Edited, Oct 14th 2010 9:26am by dadanox
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#38 Oct 11 2010 at 8:00 AM Rating: Decent
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I hope the AH picks up soon anyway as i have seen my profits dwindle and more and more items are being auctioned at less than vendor price , one thing from it i guess is i am starting to make a profit from the AH vendor items.

Even though my snatch list has about 150 items in it i have been slowly dropping many of them as hardly anything is selling , lets hope it improves soon and i hope auctioneer will work after the patch as i know a few addons that will never be fixed .
#39 Feb 16 2011 at 5:36 AM Rating: Good
I was thinking that it would be a good idea to make this a sticky for this forum, and take down the Enchanting guide. It's 4 years old now, nobody wants a leveling guide for a profession that only gets you through Burning Crusade. Anyone agree?
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#40 Feb 16 2011 at 6:28 AM Rating: Excellent
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Not only that, a lot of the recipes have had their requirements changed a lot since BC, and they're added new recipes to make leveling enchanting even easier. Putting this at the top, while not specifically related to trade skills, would at least give us somewhere to point people that come here asking about how to earn gold.
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#41 Feb 16 2011 at 2:47 PM Rating: Good
Yeah, that was my thought too. I mean, we don't get a lot of people who come in here asking how to make gold, but we get enough of them. And far more than people who come here asking how to level enchanting.
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#42 Feb 18 2011 at 6:39 AM Rating: Good
I've been bidding on a lot of quantity one's lately. That's ok. I'll gladly buy up your 400 Embersilk or Elementium and restack them neatly for you. Just keep putting them up at 35% of their value.

Edited, Jun 16th 2011 10:44pm by dadanox
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#43 Apr 15 2011 at 2:08 PM Rating: Good
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A personal favorite of mine is Runecloth Headbands. You need a tailor and an enchanter with sufficient skill to both craft and d/e.

Basically, buy the runecloth and rune thread to make a headband.

Disenchant the headband.

Post the enchanting mats (or use in a vanilla enchant scroll).

Profit.

The mats for the headbands are 2 Rune Thread and 6 Bolts of Runecloth, with 4 Runecloth each making a Bolt, by the way.
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