How to spend most of the time at
Auction House and always end up with mails full of incomming gold?
Very simple, buy low, sell high.
Auction House Gold Flip is one of the most
demanding methods, but in a short time with a lot of knowledge and even more luck you can
earn a lot of gold in world of warcraft. I will show you the basics of this method with
some advices while the rest is all on you. I will also show one trick how to make this whole
method a lot much faster later in the video.
First let's talk about requirements of
this method. You need some starting gold. At least 20k or more. Why? Having less
gold will still make you some profit, but it will take much longer time to actually have
some decent results and one bad item flip can be very bad for your economy. The idea is more money
equals more flipped items equals more profit.
Second thing you must have is some kind
of Auction House addon. Buying items from Blizzard interface is just not the tool for this
method. It takes too much time and it's not very practical. In my video I use addon „Auctionator“.
Link is in the description of the video. You can download it. Very simple addon, with 2 tabs
which you will use the most time, buy tab for buying and sell tab for selling items.
The third is, you wouldn't believe it, but a calculator. I'm sure there are players who are
very good at calculating and are fast at it, but calculator certainly guarantees you accurate and
fast calculations when flipping items. Each item you resell comes with Auction House cut therefore
you get only 95% of the listed price back.
Fourth and the most important thing is knowledge
of market. Every item on Auction House has some average price and auctions which are overpriced
will probably never sell. This knowledge is not easy to master for several reasons. Prices change
daily and something that is expensive today will be cheap tomorrow or the other way around. To
have a better sense how much something costs I would advice you to check Auction House every day
several times to see what are reasonable price of items you plan to flip. Period of one week of
scanning is more than enough to figure out market better and to start messing with Auction House.
Now everything I show you and tell you in the next few minutes is just a concept of
how you can make golds inside game. Repeating these steps does not guarantee
profit, so be careful and listen closely.
Okay, so how to make some profit? Auction House
Flipping can be separated into 3 sections: Sniping, Flipping and Resetting.
Let's talk about sniping. Very simple, you scan for items and buy auctions which have
lower cost than usual. Regardless of quantity, one or few dozens. Buying items such as
an infinite dust or a borean leather, buying an item in general that is cheap is
definitely a profit at the end of the day.
Auctions which are snipable are mostly because of
two reasons. Players want to make gold fast and don't care about profit. Or, listen closely now.
Someone put some low auction of specific item, so when other players who don't know much
about market value, put stacks of that same item on that cheap price. Result of this?
You get stacks of items for a small cost.
What is Flipping? Similar to sniping, but you
buy significant ammount of the Auction House inventory with the porpose of reseling it back
on the Auction House at a higher price. Items which cost a big portion of your total ammount
of gold are not reccomend to flip. Primordials, mounts, BoEs and similar items. So basically
you need to focus on crating materials such as frostweave cloth, ores, dusts and etc. Flipping
more than one item for different profession is recommended. Not every single item flip will
sell for a desired price or in expected time.
Last but not least resetting. Similar to fliping,
but you buy all auctions of specific item and put it back for a much higher price. Basicaly you
control the market of that item since you are the only seller, so it can be even double the
price than the average. To buy out all items from auction house requires a lot of gold and
comes with high risk. Selling only third or half the ammount, you can make you profit of that.
A very important part of this method is that you should be patient when reselling high quantities.
It doesn't sell immediately. Also, don't invest all of your gold just on one item. Be creative,
shop differently, test some new auctions, you never know, maybe you invent some pattern along
the way which will make you filthy rich in very in a very short time. Timing is key. At the weekends
there are more players online and auction house is flooded with auctions and players.
Flipping and resetting only at weekends and sniping from Monday till Friday can be very good
in the long run. But it also depends on how much players are doing the same thing as you.
Tip for making this a lot faster. If you are alliance, you can use both Auction House
and mailbox in this spot shown on video. How? Very simple and straightforward.
Use macro for targeting Auctioneer and put keybind on „interract with target“.
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Thanks for watching, see you again in
some other IngameTips video.
