The Remote Auction House – Tips and Ticks

This weeks post is part of Cold’s Gold Blogging Carnival on the Remote Auction House.

I was in a meeting recently, giving a presentation to a few Execs, some of whom were using their iPads. Halfway through the meeting I heard the familiar chime of the Remote Auction House. I paused and looked at the guy as if to say: ‘that was so not your email, dude!’

You can’t game a gamer, but I knew where he was coming from. Once you install the Remote Auction House (RAH) there’s no going back. I have my own copy loaded onto my iPad, making it very easy to check my Auction House postings or to relist a few items.

But it’s best to do this on a break, and not in one of my presentations!

I’ve been using the RAH for about a year now. I had used it to view my auctions previously, but had not subscribed to the full service – which at the time cost a few bucks a month – so could not post or collect my gold. Then one of my Twitter buddies put it into perspective for me. Dude, it costs you less than a latte a month! I’m sure that now Blizzard has removed the monthly fee, the service will really take off.

It’s Really Called the Mobile Armory

Now, while I use the RAH on my iPad it will run on a number of mobile platforms including iPhone, iTouch and Android systems. Blizzard calls it the Mobile Armory because it supports Guild Chat, Character Profiles in addition to the full spectrum of Auction House services.

Use The Mobile Authenticator

Here’s my first tip: use an authenticator to secure your Battlenet account. If you are not sure how this works, check out my post on Protecting Your World of Warcraft Account. You can now download The Battlenet Mobile Authenticator for free for all IOS devices, greatly increasing the security of your account. If the mobile authenticator is on the same device as the RAH, the RAH will fire it up and automatically grab the one-time-passcode making the whole process seamless.

One-Click Gold Collection

Being able to grab your gold on the go is both good and bad. When listing your Sold Auctions, you are presented with a big red Claim Gold button at the top of the screen. This nicely recovers your gold and removes those items from your mailbox. If however you track your gold using one of the many addons in-game, such as Auditor or TSM, then this gold amount is never tracked, skewing your statistics. If you are interested in keeping tabs on your daily gold making, then make sure you logon in-game to recover your gold.

Undercut on the Go

Using the RAH makes it a snip to undercut your competitors on the go. I recently had a competitor in the mechanical pet market who always undercut my Tranquil Mechanical Yeti postings. I would post in the evening and sure enough the following morning I’d been undercut. However, I noticed that my competitor only posted between 8.00am and 9.00am and between 9pm and midnight. Obviously a 9 to 5 worker. I simply fired up the RAH on the train and relisted my auctions knowing that I had most of the day to obtain a sales. Silly, I know but that’s gold making for you.

Bags, Mailbox and Bank Slots

It’s best to keep your mailbox empty so that you can display all sold auctions. The good news is that the RAH lets you view all of your items in bags, mailbox and bank slots – no running back and forth – but relisting from you mailbox first will ensure you maintain visibility on most of your trades.

Snap Up Bargains

The RAH has a powerful search feature which remembers past searches making it easy to gradually build a shopping list on the go to snap up bargains. Simply press the magnifying glass icon and enter a search term. The item is then displayed and can be bought out or bid on.

There is a Limit to Fun

Unfortunately, Blizzard has imposed a limit to the number of transactions that can be made using the RAH. Currently this is set at 200. You may think that you’ll never exceed this, but you’ll be amazed at how quickly you can reach this limit. It’s best to pace yourself throughout the day.

In Summary

  • Compatible with the full range of IOS and Android devices. Also browser based.
  • Best used in conjunction with a Mobile Authenticator on the same device
  • Claiming your gold may affect in-game statistical addons, skewing your data
  • Use it to undercut your competitors on the go.
  • Relist items from your mailbox first and keep your mailbox in-game empty
  • Build a snatch list using the mobile search feature.
  • Don’t forget the 200 transaction limit
  • Finally, turn off the sound when in meeting!

Cheers
Marcus Ty
More Gold In Ya Bags!

WoW Auction House Guide
The Marcus Ty Auction House Gold Secrets Guide

What’s New In Patch 5.04?

So did you survive the latest patch? Surprisingly, my patch day went relatively smoothly, thanks primarily to the Blizzard background downloader doing it’s job over the past few weeks and carefully managing my library of addons. Once the new launcher had downloaded I was up and ready to go. Well almost. Here’s my spin on some of the new features.

Managing Addons with Patch 5.04

It’s usual for addons to cause the biggest headaches when a new patch arrives. They’re flagged as ‘out-of-date’ by the interface or simply break when loaded until developers can update them. I was on a Hangout recently with Sapu, the lead developer of the addon Trade Skill Master (TSM), and I asked him if TSM would work with the new patch. He assured me it would if I was running with the latest code for 4.3 – which I was. Of course, all addons for 4.3 are ‘flagged’ as out-of-date by the interface and won’t load unless you explicitly click the option to do so. This normally doesn’t cause a problem for most addons, but you may get a few non-fatal errors with a few.

I try not to run with too many addons – just enough to manage my auctions and crafting:

  • Auctioneer – my main auction house addon
  • TSM – all modules, but mainly for crafting.
  • Postal – mail management
  • Gathermate – for gathering.

On patch day I went ahead and loaded my addons. Most worked fine, except Auctioneer which threw the occasional error. Fortunately, there is a 5.04 patch compatible beta version available for download (version 5.14)  at Curse Gaming. Patch 5.04 compatible versions of TSM and Gathermate are also now available at the same location. Unfortunately, Postal is still limping along, but not too badly. I’ll keep loading it until the new version arrives.

AOE Looting

With addons out of the way I was keen to try AOE looting. This feature allows a player to aggro a mob, kill them all – either one by one or with an AOE (Area of Effect) spell – and then loot them all by simply looting only one of the corpses.

I rushed off to Stratholme to try this out. And what a difference it now makes  to clearing an instance. My Mage cut a swath through the undead like a Grim Reaper. It also allowed me to try some of the new spells using my Frost Spec Mage.

I first created a Ring of Frost and stood in the middle. I then planted my newly acquired Frost Bomb on  one of the mob, causing the rest of the mob to rush over and get trapped in my Ring of Frost.  I then simply rained down death in the form of Blizzard.  I then looted the whole mob in one go. Rinse and repeat until all bags full.

Pet Battle System

Unfortunately, the new pet battle system is not operational for this patch, despite the new training manual being present in my player’s Spell Book. This probably inspired many players to rush off to the Auction House to pick up a few pets, as all my crafted pets flew off the shelves at well above market price. Here’s my list of sales on patch day:

  • 4 x Magic Lamp (Enchanting) – listed 1000g each
  • 4 x Pet Bombling (Engineering) – listed 450g each
  • 4 x Mechanical Yeti (Engineering) listed at 500g each
  • 2 x Lil’ Smokey (Engineering) – listed at 350g each

Unfortunately, I had sold out of all my De-Weaponized Mechanical Companions so had none ready for the day. The few listed on my server were selling at around ten times the price and still holding steady!

Where Did All My Glyphs Go?

Scribes probably had the busiest day as most change occurred with Glyphs. All major glyphs were removed and I found a few quirky minor glyphs in their place. One such glyph changed my Polymorph Sheep into Polymorph Porcupine! Another let me understand the Arcane Racial Language of my allies? Beats me what it does!

The Auction House Laid Bare

Fortunately, I had stocked up with herbs, including many Wraith herbs which proved to be very profitable as the Auction House soon was bare of many mats as players ransacked the place looking to buy at any price (usually, my very high price)! My Alchemist sold out of batches of Potion of Treasure Finding and Flasks of Steel Skin but otherwise had a quite day.

The cooldown for Truegold is now removed, but the choke point on my server is still volatile air which kept prices at their market level. I expect the prices to gradually fall over time and peak when Mists of Pandaria goes live.

One Volatile I hadn’t expected to be in short supply was Volatile Life which was nowhere to be found on my server. The reason is probably the new inscription recipes that seem to use this mat in great quantities. So I spent a little time farming Whiptail in Uldum to maintain my own personal supply.

I hope your patch day was as successful.

Marcus Ty

 

 

 

Auction House Gold Making Strategies

Auction House Secrets

As a Mage in my early levels I struggled to make gold. One reason for this was my lack of skill in the Auction House. Over the years I’ve sought out those players renowned for their gold making and compiled a list of some of their most successful Auction House strategies. In this post I will reveal some of these Auction House Secrets by comparing and contrasting the gold making strategies across two different Auction House markets. This post is part of Cold’s Gold Blogging Carnival.

Markets within Markets

When players come together in the Auction House to buy and sell goods, we have a market. There are literally thousands of items on the Auction House which can be overwhelming for players new to trading. So, it helps to group related item together to make things more manageable. These groups of traded items can also be thought of as individual markets. An example would be the markets of Jewelcrafting and Pets.

Some markets in WoW are bigger than others and all have their own particular characteristics such as volatility and competition. Jewelcrafting is a very popular profession among players and so can experience high levels of trading, depending on the population of the server; the market in pets, while being a smaller market, can be very competitive. Again, the level of competition and market volatility will vary from server to server, but in general these facts hold true.

Avoiding Competition

Many players get frustrated when they enter a market for the first time and experience the heat of competition resulting in their trades lingering on the Auction House only to wither and expire. Players can reduce competition in a market by finding niche items to trade. These items are often overlooked by other players who focus only on the most popular items.

An example in the Jewelcrafting market might be trading in a particular cut of gem. If every player on your server is flooding the Auction House with cuts of Brilliant Inferno Ruby, you might have more success trading in cuts of Flashing Inferno Ruby or cuts of some of the lesser known gems. Finding niche items to trade in the bigger markets, such as Jewelcrafting, is often easier than some of the smaller markets. But it can still be done.

In the Pet market for example, I like to trade in all pets. These include both vendor and crafted pets. Competition in the vendor pet market can be very fierce (at least on my server) and so I tend to trade more in mechanical pets because I have an Engineering alt at the level of Illustrious Grand Master. This gives me enough of an edge to make a profit on most trades with a tolerable level of competition.

Become a Specialist

If you really want to want to reduce competition and make some serious profit then become a specialist in a particular market. Seek out all the hard to find recipes associated with your crafting profession (you do have one, right?) and craft those items that few other competitors have access to. An example in the Pet market would be the crafting of the Mechanical Toad which can sometimes sell for thousands of gold.

Don’t Blindly Uncut

You can be sure that when listing an item on the Auction House, someone will come along and uncut you. But that’s ok. Don’t panic, it’s their loss and not necessarily yours. You don’t have to always uncut a competitor, depending on the market. In the Jewelcrafting market I rarely uncut items that I know have a high turnover, such as certain cuts of Inferno Ruby or those uncommon gems required for the JC daily. Very often, I’ll list my items at or above the market price, knowing that eventually trade volumes will be enough to meet my price.

With the Pet market things can be a little different. Turnover is normally much less and those competitors undercutting have the advantage. In this market, where some items move more slowly, I’m more likely to undercut a competitor and even cancel an auction to re-list at a more competitive price. However, I’m not that crazy that I’ll undercut at any cost. In the end it’s about making a profit.

Does It Stack Up

I’ll often out-sell a competitor by varying the stack size of an item to make it more desirable or convenient for a potential buyer. When it comes to the listing of uncut gems in the JC market, I always list my items in stacks of three. This is because players participating in the JC daily need this number to complete the quest. I’ll always beat those players who list single items, even if my price is set slightly higher.

In the Pet Market, few players need more than one Mechanical Yeti, so I tend to list my mechanical pets as singles. I also tend to list just one or two items at a time because I know I’m likely to get undercut and will have to cancel my trade.

More Time Cost Money, Friend

It cost gold to list an item on the Auction House and the price rises in line with duration. In the JC market I save quite a bit of gold by listing frequently traded items for a duration of 12hrs rather than 48hrs.

In the Pet market where competition for Mechanical Yeti’s on my server is high, I’ll also list for a duration of 12hrs; however, for those items like the Mechanical Toad where there is less competition but less demand, I’m more inclined to list for the for 48hr duration.

In Summary

The Auction House has many markets that you can participate in. Try to operate in several markets, but don’t become too stretched. It can take time to get to know the subtleties of any given market. I always recommend players try to specialise in those markets associated with one of their primary professions.

Reduce competition in a market by looking for the niche markets within a market. Try to specialise and become your server expert, giving you a trading edge. The master in this technique is Cold of Cold’s Gold Factory who has written a lovely guide on the selling of Mysterious Fortune Cards, a niche market within the bigger and highly competitive Inscription market.

Finally, don’t leave gold on the table by continual undercutting. This is often the result of players blindly following the settings of their Auction House addon. Keep a careful eye on stack size and remember it cost you gold the longer you list an item.

Related Posts, Articles and Guides by Marcus Ty

WoW Auction House
The Marcus Ty Auction House Gold Secrets Guide


Gold Secrets of The Goblin Traders

Goblin Trader
Trade Like The Goblins

The Goblins are a strange – and some  say, deranged – race that have managed to co-exist with both Horde  and Alliance factions in many lands, relying on
both their trade and engineering skills to barter  an uneasy neutrality. As such,the major Goblin  towns of Gadgetzan, Booty Bay and Everlook  are perhaps the only locations in Azeroth where  both Horde and Alliance factions can  come  together and freely trade with one another – provided their weapons are sheathed.

These towns feature neutral auction houses  that, while not linked to either Alliance or  Horde establishments, enable trade items to  pass between opposing factions. This has  enabled some to establish a lucrative trade in  ‘pets’, with fluffy rabbits from Dun Morgh a  favorite among the Horde who prefer them  tenderized. All auctions are cunningly handled  by the neutral Goblins.

Now, no one trusts a Goblin, but all  admire their skill in barter and  trade. It’s wise to keep a firm hold  on your purse strings when  attempting to buy from these shady of wheeler-  dealers lest you walk away from the transaction  lighter in gold and without a shirt on your back.  But much can be learned from these slippery of  creatures when it comes to our own trading.

Here are five top Goblin trading tips:

1. Don’t be shy

The first lesson from the Goblin school of  trading is ‘don’t be shy’. You’ll often hear the Goblin traders hawk their wares by shouting to  all who walk within earshot. ‘Have I got a deal  for you’, is commonly heard up and down the  streets of Gadgetzan and the boardwalks of  Booty Bay. A brief stroll through the Goblin  streets of Everlook will have your ears ringing  with the cries of the Goblin Merchants.

We can use the Trade Channel is a similar way.  If we have just crafted a ‘Shining Silver Breastplate’ and posted it for auction, it helps  to tell the world about it. ‘Get your Shining Silver Breastplate, now in the AH – good price!’  You’ll be surprised how many whispers you’ll get asking ‘How much!’ As the Goblins say ‘if  you don’t tell, you don’t sell!’

2. Get the price right

Now the second Goblin lesson on trade was  said to have been stolen from the Gnomes: ‘Don’t sell yourself short’. Make sure you don’t  under price your goods. Always check the latest  prices by searching for the item in the Auction  House and price your item  accordingly. At the same time, look out for items that have been priced too low. You’ll often find new players pricing their items at very low or silly prices. Snap-up these items by placing a bid or buying them out. It’s worth a punt.

3. Avoid competition

The third Goblin lesson on trade was taken from the Elves who prefer to trade one-on-one. It can be summed up in the phrase: ‘A word in your ear’. The Elves often avoid the competition of the Auction process by announcing an item on the Trade Channel and asking folk to ‘whisper’ them if they have an interest. This technique needs some skill if you are to close the deal. Once a price is agreed, the trade is made using the Trade panel.

4. Seek out the lone traders

You’ll also find many a Goblin trader wandering around Azeroth. These lone traders often possess one-of-a-kind items that are much sought after in the Auction House and often sell far above the merchant’s price. An example is  Zixil (Merchant Supreme) of Booty Bay who can be found wandering the Hillsbrad Foothills between Southshore and the Tarren Mill. Also, Kzixx (Rare Goods) found in Duskwood, on the road to Darkshire.

5. Seasonal sensitivity

The Goblins have a saying: ‘Snow in the dale, its time for the Winter Veil’. They also say: ‘Don’t eat Dragonbreath Chilli on your first date’, but that’s another matter! The point being that the price of many goods sold at the Auction House will have a seasonal value. For example, the price of Small Eggs are much in demand at the time of Winter Veil to make the quest item of Gingerbread Cookies So, be you Horde or Alliance, there’s something to learn from the Goblin traders.

You might also like to check the article  on Goblin Trading Tips

Cheers

Marcus Ty

How to Use Trade Chat in the Auction House

The goblins have always known that by shouting out their wares and services increases the number of trades they will complete in a day. Walk down any goblin controlled town and you’ll hear their shouts or ‘barks’ : ‘Have I got a deal for you!’

So, what works for the goblins will also work for you. Learning to use Trade Chat in the Auction House will greatly improve you sales. Read this article on How to Use Trade Chat in World of Warcraft.