Making the AH your DailyFollow

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.

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.

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

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

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

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.