The Darkmoon Faire is not something that many players understand or use but as a Gold Maker, there are several ways to profit from it. I'll cover this in a later post as I'm kinda wandering off track a little here :)
Okay, so today's Vendor Search hasn't brought anything very useful to us so now click the Resale search option in the left hand menu. This also runs from your most recent scan so occasionally, you'll try to buy something but it won't be found. Don't worry, that just means someone has bought it between you scanning & running this search.
|Resale Search Results|
The results window looks exactly the same & the profit figure is calculated from the bid or buy price as listed in the reason column. You can sort any of these columns by double clicking in the column title box. In this screenshot, I have sorted by Buyout Price as we have very little cash to play with at this stage & I want to see the items I can afford at the top of my search results.
Later, when you have a fair bit more gold to play with, I would suggest you sort by the Pct column to get the best bargains, remember, the lower the pct figure, the better.
The Resale search is a little riskier for new players as you don't yet know what all those items are or whether they sell or not. Looking at this page of results, the Scroll of Enchants for 10silvers, giving 17gold profit look very tempting & if I had 1 gold to play with, I may risk 10silvers on one of them. Unfortunately armour, weapons & Enchanting Scrolls can be minefields for the inexperienced goldmaker so I'd suggest you stay away from them for now.
The Spider's Silk however is always a good buy, especially at anything less than 1gold. It has a very low drop rate & is used for 2 Leatherworking items & 2 Tailoring items that are very popular with Twinks (Flux has built a Glossary for terms that you may find confusing) & therefore is always in high demand.
Other good items to start out with is cooking recipes (although don't buy the lower level ones at the AH, you can easily buy them cheaper from a handy vendor, more on that later), raw materials like copper/tin ore, mageroyal & other herbs, leathers & hides and enchanting materials. You may have to pick the best time to list these items though because prices fluctuate wildly, especially at the weekend so don't invest too much of your starting capital at any one time.
Lastly for today, we have the Posting window - just click the Post tab at the bottom of the window to get to it then click an item in your bag that you want to sell & drag it to the little box at the top left.
You can override the auctions prices by clicking & overtyping in any of the prices boxes & in this case, I probably would. You can see that there is only 1 stack of 20 at 97s 50c (in the Buy/each column) & then the next one is a part stack of 3 leathers for 1g each. All the others are higher & I would suggest in this case, to list yours just below the 2g 20s stack.
I always look at the Buy/Each column not the Buyout column. If I have an odd number of items or I want to sell in singles or 5's for example, I don't have to try to calculate my stack price or compare it to others, I just decide the single item price & let Auctioneer do the maths for me :)
The other thing to check EVERY TIME you post something, is the Bid starting price. Some people think that having a bid price of 10coppers is like Ebay & people will bid the price higher. Unfortunately, people rarely get into a bidding war as there is usually plenty of stock for everyone.
I ALWAYS put a Buyout price too - again, this is not Ebay & when people go to the AH, they usually want something right now, not in 12 hrs or 48hrs. In fact, my bid price is usually only maybe 5% lower than my Buyout price & sometimes even the same value on things like Netherweave Bags which move so fast.
So that's just about it for now - sorry it went on so long but it seemed silly to break this down to more than 1 post. A few days of these searches should help you get a little more gold flowing & without realising it, you'll also start getting a feel for the various items & prices which is every auction house addicts' secret weapon! Call it instinct or gut feeling, it's actually your brain working stuff out before you even consciously think about it and the only way to develop this is time & a little effort.
Good luck & happy gold making