Gold Guide: General Auction House Tips for Beginners
The Basics of Auctioning in Warcraft
1. Buy low sell high.
2. Never put in too many auctions at once. Make the demand look high and the supply low.
3. Be aware of competition but do not stalk them as it often results in a ban.
A Few more Auction House Tips
Do not stay stuck in a rut. Diversify your stock and try out new things. Not everything will work out, but the experience from trying and figuring out why something failed or succeeded is invaluable.Stagger your auctions over time. Many successful goblins begin to build auctions rates in the thousands per day. An excellent way to handle this so that you're not overwhelmed is to split your long term items (such as transmog at 48hrs) in half over two days. (i.e., post half on Monday, half on Tuesday, Wed relist the first half, etc.)
Always remember to take into account the Auction House (5%) cut on the sale of every item when calculating profits. An easy way to work out the listing price is take the sale price x 0.05.
Be aware of AH deposit costs(especially on gear) as they can add up. Deposits are based on the Merchant Sell Value (MSV) for the item, and the duration of the auction. For example, the deposit for a 12-hour auction is 15% of MSV, and for a 48-hour auction it's 60% of MSV.
Always read patch notes and be aware of upcoming game changes. Between expansions, more gold is transferred in the weeks after a patch than at any other time. The people who benefit most are those who planned ahead.
Try out these Auction Tips Today
Go to Enchanting trainer, buy 2 copper rods and list them on the auction house for 35 gold a piece. They will sell every weekend.Zero Gold on a new server but have a Main character elsewhere? Starting on a new Server one faces the issue of having zero gold. The most common way to transfer gold to the new server is selling caged battle pets which can be time consuming. However, an alternative is using iron Horde scraps for buying an iron Horde axe(requires 80 scraps). The Axe can be transferred account wide and sells for 50 Gold.
The Legion Invasions are a temporary event but the boxes dropped at the stages of 3 & 4 gives gear or a weapon. Do the event on your low level character(Must be at least 15) and open the boxes to vendor the gear. The gold amount is the same as if a level 100 had opened it.
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