[REQUEST] Making MB selling fairer (in some way)

[Zigabar]

Lastly this has been puzzling my fiancé & I for so long: the Gil that is the fee for both buyer & seller where does that Gil go?

It's a small gil sink to take money out of the economy.

https://en.wikipedia.org/wiki/Gold_sink

[Masekase_Hurricane]

One persons profit margin or item worth varies from seller to seller. Some sellers items I just see as plain greed and I am not gonna follow suit, which then I will list using price history or what I think it's worth. End of the day if I can shift 20 items before making the next 20 and still gaining a profit then I am happy. Yes this can crash the market but that's when I stop making stuff and buy and relist items from the market.

Also with some items if they are not selling after a few days/week then yes the price is gonna get severely cut. It makes sense to cut your loses and recuperate the loss on the next 10 items that took up that slot. I do this over 5 retainers which each having sold 50-75% of their stock, which I will then refill by the end of the day.

[Knahli]

I don't even get the point of this. There're two different sellers, each fairly placing two listings up of the same item for the same amount that the item tends to go for(as the history would easily tell you), and then this guy comes along, cuts it by 1/3, and with his next four listings, subsequently undercuts himself to the point of reducing his massive undercut by a further 50%. I kept checking on that guy and he wasn't competing with anyone and kept relisting for that same price while the items sold no more quickly than the history beforehand revealed.

[Teryaani]

I don't even get the point of this. There're two different sellers, each fairly placing two listings up of the same item for the same amount that the item tends to go for(as the history would easily tell you), and then this guy comes along, cuts it by 1/3, and with his next four listings, subsequently undercuts himself to the point of reducing his massive undercut by a further 50%. I kept checking on that guy and he wasn't competing with anyone and kept relisting for that same price while the items sold no more quickly than the history beforehand revealed.

I'd love to hear theories for the intentional market tanking you're showing. My pet theory is that they hope to drive the price even further down to allow a quick buy up of even cheaper units, with the plan being to pull his/her own auctions and then list around the 30k mark.

[Cakekizyy]

I don't even get the point of this. There're two different sellers, each fairly placing two listings up of the same item for the same amount that the item tends to go for(as the history would easily tell you), and then this guy comes along, cuts it by 1/3, and with his next four listings, subsequently undercuts himself to the point of reducing his massive undercut by a further 50%. I kept checking on that guy and he wasn't competing with anyone and kept relisting for that same price while the items sold no more quickly than the history beforehand revealed.

What's worse is when I was selling a vendor bought item for moderate profit and someone starts selling for 1 gil.

[Parawill]

What's worse is when I was selling a vendor bought item for moderate profit and someone starts selling for 1 gil.

That's when you buy it and NPC it.

[Niwashi]

this guy comes along, cuts it by 1/3, and with his next four listings, subsequently undercuts himself to the point of reducing his massive undercut by a further 50%. I kept checking on that guy and he wasn't competing with anyone and kept relisting for that same price while the items sold no more quickly than the history beforehand revealed.

Sounds like he's trying to find the price at which they would start selling more quickly. If they're still taking just as long, he hasn't gotten it low enough yet, and therefore undercuts himself.

[Cakekizyy]

That's when you buy it and NPC it.

Sadly, I didn't think to do that at time.

[coco1851]

It's a small gil sink to take money out of the economy.

https://en.wikipedia.org/wiki/Gold_sink

Thanks for the link & response very informative & constructive! Still makes me a little curious though, like how much is sitting in this virtual 'sink' on any given day, does anyone or gm's get some of this since gm's control it? because I don't think there is any way a npc would need this much to pay out to people that are selling to them.

[coco1851]

I don't even get the point of this. There're two different sellers, each fairly placing two listings up of the same item for the same amount that the item tends to go for(as the history would easily tell you), and then this guy comes along, cuts it by 1/3, and with his next four listings, subsequently undercuts himself to the point of reducing his massive undercut by a further 50%. I kept checking on that guy and he wasn't competing with anyone and kept relisting for that same price while the items sold no more quickly than the history beforehand revealed.

Thank you for posting this! I don't get it either this is partly what I was talking about in my original post. Maybe he/she thinks the market will suddenly change if he/she keeps going that low.