Undercutting by 1 gil?

[Zarabeth]

No, the most annoying thing is getting an item, seeing all the prices are 200k, putting yours up for 200k, and coming back 4 hours later to find the prices have dropped more than 90%.

A better question: What is going on in the heads of all these idiots who put stuff on MB for LESS THAN A VENDOR WOULD HAVE PAID THEM!

I have to agree with you here. I realty don't understand those selling things for less than they can NPC them. Maybe they just can't math?

[Mikki]

I have to agree with you here. I realty don't understand those selling things for less than they can NPC them. Maybe they just can't math?

I think some people just don't pay attention. There's never really any explanation on how to use the market boards... you just kind of figure it out yourself. I remember when I first started, I used to write down all the prices from the MB of what I wanted to sell until I realized that there was a button on the sale page itself to look at the listings and history. I realized pretty quick but I'm sure others don't.... And I'm willing to bet some don't even realize you can sell to the vendors at all and so they think the "sells for x price" is the market price. I mean, there is no actual menu for selling to an npc. You just drag the item to the npc or you have to click on it. Some might not figure that out.

[technole]

Sometimes you are filthy rich and just need to get something out of your retainer so you sell below NPC cost to get rid of it. It's peanuts compared to other things you maybe selling for profit. Sometime you sell for well-above NPC cost to cash-in on "convenience fees".

Some markets are artificially inflated or low depending on your server. A more adept raiding server generally has more end-game crafters so the market is usually in buyer favor where undercutting is more lethal, so you can't inflate. Then you have servers where even glamour prisms run 10k+, and that is just an easy opportunity to sink that greedy hand.

[Mikki]

Yeah, no doubt there are people who are just trying to unload their retainer so they sell at a huge price slash. However, selling for under vendor price just seems stupid. :I You'd get more profit and instantly if you just sold it to a vendor and it wouldn't be taking up a precious slot on your retainer's shop. There is literally zero reason to sell things at less than vendor value or even at vendor value with perhaps the exception of the coins for people who want to move gil among characters. If your inventory is so cluttered and you really want to unload it and care so little about the profit, just vendor it. lol. I always vendor items that I can't get at least 1k profit off when my inventory is too full for comfort.

[Cypherious]

The biggest problem seems to be oversaturation of the market. That's when the undercutting really gets out of control. Like the "Alumen bidding war of 2017". The market became overloaded with Alumen, and everyone was trying to undercut everyone else. It got to the point where I just gave up trying to sell Alumen on the MB. I think a lot of the recent undercutting has to do with the new housing coming with the latest patch. People are selling off what they can, in order to have the gil for a piece of the Far East.

[Vahlnir]

Undercutting by 1 puts your item at the top, and doesn't tank the price. I do this pretty much all the time. Sometimes I cut it by a few hundred, but usually just 1...unless someone's really overpricing something, then I'll list it for whatever the item sold for last.

[Beckett]

If the item I want is up for 999 gil and 1,000 gil, I'll always buy the 1,000 gil version (assuming taxes aren't a factor). The guy who had his up for 1,000 has had it up longer, and deserves the gil more.

[Altena]

I personally undercut by the approximate tax price.
1g undercuts are rather pointless. You are basically banking on the item being in the same region as the retainer you're undercutting, and/or the same region the player is buying from, or the player who is buying is oblivious to the tax system.

Undercutting by the rough tax amount does a few things - it opens your item up to be a higher priority in all regions to those who actually know how the tax system works and it also puts your item at the top of the list for those that are oblivious to taxes or are in the same region as your retainer. Finally it doesn't completely tank the price because tax is a small percentage of the item value..

Huge undercuts are unnecessary though, unless the item itself is just flat out overpriced to begin with and is stagnant.

However if undercuts get you salty, then you shouldn't be in the crafting business. Because it's going to happen - in every game and every market where prices are visible. Just have to accept the fact that people are going to undercut you - by 1g or 100k gil.. It happens. Just learn to adjust the items you focus on.

[Whocareswhatmynameis]

It doesn't save the buyer any money

Yes it does, it saves the buyer 1 gil.

[Legewiel]

for me he was trolling, he didn't even got back to the thread after 8 pages of answers XD