Society & Culture & Entertainment Games

A Guide to Auction House Profiting - What You Need to Know

One of the best Warcraft gold making secrets is the idea of profiting.
Most people know what it is, you buy low sell high, but how many people actually know how to do it? I have found a little known method that will almost guarantee you a nice Warcraft gold profit from the auction house.
The auction house is full of items and weapons.
A lot of which are under priced because the seller wants to make money fast.
Your job is to scan the auction house and find the best deals available.
This can be accomplished by following some simple steps.
First you have to decide on your market (weapons, armor, recipes..
etc) you want to find a market that everyone needs, or that few people need but they need it often.
Secondly you are going to do the research.
If your marketing weapons you have to look through all of the weapon interfaces, on all pages until you find an item that is priced for much less than it should be.
(if none is available then you can try another market, or you can search again some other time.
Next you need to check competition for that item, this can be accomplished in one of two ways, you can search the name of the item in the auction house, or you can say that you want to buy the item in trade chat.
See how fast you get responses.
After you check the competition you must decide whether you want to bid or buyout.
If the auction is very short and the savings are substantial it is possible to bid for the item and make an even greater profit.
However this comes with the risk of losing the item.
Once you have the item do some research on prices for your server.
This can be done by using item databases such as thottbot, or if you have the auctioneer add on you can scan the auction house and use the price it suggests.
When you decide on a price, re-list the item and wait.
It is best to list items on Friday and Saturday nights or Sunday mornings for the fastest sales, however don't wait too long because you will have to do the research all over again.
This method has worked wonders for me with every item I have tried to profit.
However remember that it is not a 100% sale tactic since that will be decided by the amount of research you do, your price, and the population of your server.
This is one of the best Warcraft gold making secrets and I am positive that if used properly you will be able to make a very nice Warcraft gold profit from it.

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