FIX the AUCTION HOUSE!!!!

[Sylve]

snip

So what you're saying is, You're attempting to sell something for a ridiculous price that cost you a grand total of what, 2 Venture Tokens?

Its nothing to do with supply and demand. Its all about greed. No one sets a price because they think its 'reasonable', they set it because they hope some rich guy will dump the cash for it because he can.

In the case of the new 110 stuff, i seriously doubt the cost of those mats to be 10 MILLION GIL. You know, the price of a friggen HOUSE.
Greed is the biggest factor, supply/demand is a barely remembered whisper in the backs of peoples minds.

[Teirshin]

I am a semi crafter. I never loss gil when crafting..
Buying raw items on markets craft them and I normally can turn 1-3k into 15-20k. I don't see any losing of money in this plan. And if I post 40 items on the markets normally within a day 30+ items have sold.

I guess I should have used sarcasm brackets on that statement? Apparently so.....

At the rate people undercut though, they are losing "potential" money by rushing for the quick sale.....

[LineageRazor]

So what you're saying is, You're attempting to sell something for a ridiculous price that cost you a grand total of what, 2 Venture Tokens?

Its nothing to do with supply and demand. Its all about greed. No one sets a price because they think its 'reasonable', they set it because they hope some rich guy will dump the cash for it because he can.

In the case of the new 110 stuff, i seriously doubt the cost of those mats to be 10 MILLION GIL. You know, the price of a friggen HOUSE.
Greed is the biggest factor, supply/demand is a barely remembered whisper in the backs of peoples minds.

Didn't read up to whatever prompted this, so don't really know what it's about, and don't care because it really doesn't matter WHAT was sold. Probably retainer fantasia, or something. Regardless, if someone paid for the product, it was not priced too high.

That is literally all there is to it. Anyone who says otherwise is just whining. If it's so easy, spend your OWN two venture tokens and put your product up for the same amount. If it sells, you, too, have sold for the correct price.

But it's not actually that easy, now is it? You spent your two venture tokens, and you got a fish. A lousy stinking fish. You spent two more, and you got another fish. You spend the next week, spamming ventures every day, and grinding FATEs to afford the ventures, and all you get every time is a fish. Sometimes a clam. You are so sick of seafood!

Meanwhile, a few folks out there are getting lucky. They're getting items they actually want from the Retainer ventures. Since there's only a few such people, we're mere days into release, and demand for the items is high, we have high demand, low supply. This isn't a "whisper in the backs of peoples minds", it is the reality of the situation: Only a few items are available, and a lot of people want them. Smart sellers are going to sell to the people who can pay the most.

And let's not forget, that the folks who consistently get the best stuff from retainers have INVESTED in their retainers. Their DoM/DoW retainers are decked out in high ilvl gear that they've painstakenly farmed from Syrcus Tower or spent Soldiery on. Their DoL retainers are fully melded with Gathering materia, the most expensive of the DoL materia. They put in the work to improve their odds, and have every right to try to earn some of that back by pricing as high as they are able to earn.

[CrystalRainbow]

I guess I should have used sarcasm brackets on that statement? Apparently so.....

At the rate people undercut though, they are losing "potential" money by rushing for the quick sale.....

10 quick sales at 5k profit per sale vs 1 slow sales at 40k profit
I will take the 10 quick sales.

[Tempting]

They just need to implement the blind auction and small tax like in FFXI and this undercut battle would never happen.

[SwordCoheir]

Wait, Auction House? I thought it was a Market Ward which is akin Bazaar which surmounts to sitting on the sides of the street at a market selling items for w/e price you want. And dear God I pray they never do away with the Market Board because despite the fact it allows people to undercut each other and flood the market with xyz item of the week, do you have ANY idea how nightmarish it was to try to find items without it like in early to mid 1.0.

They just need to implement the blind auction and small tax like in FFXI and this undercut battle would never happen.

It happened all the time in FFXI too, and just like here in FFXIV anyone with enough cash (and there are/were plenty in both games) can and have realistically controled the market by buying them out and setting their own price.

[NyarukoW]

....You've now lost out on 1998g in total. And also left yourself open to be undercut further lowering the value of the item faster than people can actually purchase them.
...

This is how market crashes happen, where something that's worth 5,000g gets undercut by large chunks in a short period of time because, let's face it at ANY time someone could undercut your price. And by undercutting 1-2k gil you can be sure it won't be worth anything soon.

This complete utter nonsense. This is a clear and obvious flip opportunity. Buy low sell high people? Come on? Got no guts or something? Buy at 3000 sell it 4997 and pocket 1997 for profits. Piece of cake. Unless of course the people all trying to sell at 5000 is overpriced and trying to gouge people and you have no confidence in the 5000 price, then the price is where it should be. But you have to know the market to make the right call.

They just need to implement the blind auction and small tax like in FFXI and this undercut battle would never happen.

People should be able to undercut. Blind auctions are complete utter BS set up to favor the sellers. I much rather have an undercut battle than a bidding war. The market board is working quite well as it is. It would be better to have longer history to look at though.

[Tiggy]

The only fix I want is for the text search to be capable of searching any part of an item's name. I shouldn't have to type in Iron to find Iron Ingots. I should be able to type in Ingot and see all ingots.

[ManweSulimo]

The market board is working quite well as it is. It would be better to have longer history to look at though.

Agreed. The history is pretty limited and I'm sure I've blown it a lot of times buying something when I could have just waited etc.

The only fix I want is for the text search to be capable of searching any part of an item's name. I shouldn't have to type in Iron to find Iron Ingots. I should be able to type in Ingot and see all ingots.

YEEEEEESSSSSS!!!!!!!!

[Teirshin]

10 quick sales at 5k profit per sale vs 1 slow sales at 40k profit
I will take the 10 quick sales.

Uh.... not sure how that would be anything but common sense to make 50k over 40k?

You wouldnt price those 10 as a stack of 10 at 4k per if they were selling in singles at 5k per unless you were an idiot.

If they were selling steady at 5k per you could safely post em at 50k and get the sale in short order, esp if its an item that you need more than 1 of to do anything with in the first place or is a high demand item.