Adjusting auction house pricing (without fees)
Sun, 07/03/2011 - 08:44
It's been happening to me frequently. I'll put a great 4-star recipe on the market and match whatever the lowest price listed is. Sure enough, an hour or so later, 4-5 (or more) new recipes will show up each progressively undercutting the previous one. Before I know it, my listing isn't even on the first page and I'm looking at being out the listing fee which could easily be over 1000+ crowns.
Do you think we should be able to adjust our auction prices without forfeiting the listing fee? I can see losing it if you outright take it down without selling, but what about having the option to adjust the price?
Sun, 07/03/2011 - 14:09
#2
Aren't the basil recipes the
Aren't the basil recipes the same for everyone on any given day? I know they are the same for me and from what I've talked to, every party member I've been with sees the same list of recipes as I do.
What I've seen happen is someone makes an early day basil run, sees that all the other recipes are priced high since no one has seen that particular recipe for a while, they buy it from basil and undercut the others by a bit. The next player who does a basil run sees the same thing, and undercuts some more. Rince and repeat until there is a flood of recipes.
Popular recipes sell out by the next time it shows up at basil, unpopular ones just keep getting re-listed at a "recover at least some of my wasted crowns" prices.
Some recipes are popular but bad buys, such as the 4* avenger or faust recipes. The only people who can possibly use them must have made many trips past the T2 basil to get enough jelly gems to use them. By then, they usually have the recipes they need.
Sun, 07/03/2011 - 14:15
#3
Everyone in the same party
Everyone in the same party sees the same recipes, but each run is different.
You can only buy each recipe once per 24 hour period and you have to have joined the group before or during 2 levels before the shop level (Level 12 for T2).
If that happens, you are either pricing your item too high, or you can laugh as undercutters make themselves all of 500cr. Another tip, make sure the recipe you're trying to sell is actually somewhat popular. Trying to sell a Radiant Silvermail recipe is a great way to get burned.
That said, selling recipes is a risky business, so if you can't eat a lost 2-3k listing fee now and then, you're in the wrong profession. Prices fluctuate rapidly, as does demand; I had a Hail Driver recipe that failed to move at 30k, and was snapped up at 33k a few days later when I reposted.