FIX the AUCTION HOUSE!!!!

[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.

[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.

[NyarukoW]

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

If things are selling at a steady pace at 40K, I'd gladly flip yours for 10x34K gain. That would be a great day for flipping. Go ahead undercut by an order of magnitude, I only need to sell one item to be back at break even and the next 9 is all profit. I'd take that gamble any day of the week.

[mosaicex]

If things are selling at a steady pace at 40K, I'd gladly flip yours for 10x34K gain. That would be a great day for flipping. Go ahead undercut by an order of magnitude, I only need to sell one item to be back at break even and the next 9 is all profit. I'd take that gamble any day of the week.

This is THE attitude that OP and many others who complained about market board should have.

Sure, other people may sold their items first for lesser profit, but so what? You still make more in the long run.

[tocsin]

Personally, I am often guilty of undercutting by a lot more than 1 gil. usually I will round down to the nearest thousand, and sell at that. Non even numbers annoy me, so I shun them.

Often im not selling it on margin, im selling things that I don't want, in hopes that whoever is controlling that particular market will buy it up quickly and give me back my retainer slot.

[Aunalise]

Personally, I am often guilty of... round[ing] down to the nearest thousand, and sell at that. Non even numbers annoy me, so I shun them.

'Guilty' is one way to put it. NOT going to sell any quicker by going down a thousand for a >10K item. Next buyer comes along & buys the cheapest one, period, whether that is 1 or 999 gil less. All you did was lose up to 999g. There is no logic to that, though it's common.

Rounding down a thou doesn't mean the 'controller' of the market, can resell at a profit, since you have at least a 5% selling tax, possibly a tax when they bought as well. The flipper has the same slot problem and will not snap up your item to try to flip it for a measly 100g. If many sellers keep rounding down to even thousands, then it can make sense to buy up the low end of the market and flip it. So the only way to sell it really quickly is to undercut by ~20% at the minimum.