Rework the market system to allow purchase offer listings and eliminate undercutting

[DumdogsWorld]

Whenever you look at a transaction, both IRL and in a game, there are two sides to it: what the seller is wanting to part with for money, and what the buyer wants in exchange for parting with their money. The market board is good enough for the former and doesn't really need changing, but I feel like the latter can be improved upon. I always thought it would be a cool idea to have a 'request' system, where a potential buyer can choose an item, a quality, a quantity, and a price range. Then, somebody could come along and take the job.

[Hash_Browns]

You can actually mass perchase items.

You can't.

In OSRS the GE has a buy limit. For example, I believe Barrows sets have a buy limit of 10 sets per 24 hours.. I think, don't quote me on that one.

[Mistyregions]

I dont see so as well, the only improvement would be something similar to EVE contract sales, where you post x items selling at x a piece, and people can buy 1 or all of them at set price. Undercutting by a gil or two, is almost caused because of the fact that partial stocks cannot be soldm so here we go. If Im levelling a crafter, or for whatever purpose, I only need 10 this or that. I'll usually go down the list and buy maybe 12 because its totally closer to the amount I need. Outside of the system in place? I think its fine, 1 gil, etc whatever. Im sure theres disagreeance, but you know, supply and demand have a very big impact on value. As they should, and if anyone dumping their supply for 1 gil less, is any less of an indication of that. well I dont know. Yeah. I do this too, but im not much of a mb supplier, Im more of a combatant, thats just trying to get the stuff out of inventory so i can make the money as fast as possible. Some are like me, others are more professional about their sales and what prices they claim are "good quality' but most likely a combatant ran through a map getting through a fate and 2 shot this wildebeast, so yeah that really held little value over what some might potentially feel is worth.

TLR - basically the only thing for suppliers to enhance the current system, is a buy by need listing, limited of course by whatever means, but thats all I see is necessary. Not everyone needs your 99 lumbers at said price. Of course. this should be OPTIONAL and limited either by retainers present(say 1-3 supply contracts per retainer) but even then it alleviates some issues. Its never going to 100% work in your favor, unless you spend all your time watching the numbers. Which you could, if you wanted to, but thats also your choice at this point.

It's funny you mention this, I am not by any stretch of the imagination a market board die hard, but I do know I can put up stacks of ten of an item and charge 100 more than the average, I always sell out because of the exact thing you just mentioned.

Sometimes people dont need 99 of something, so I provide that with just a tad extra tagged on, people buy it faster, I move products faster and I make more gil than 99 stack boi does in a whole week.

Capitalize baby

[Barraind]

What? In OSRS you automatically buy the cheapest items first, which is why you often get coin refunds when you buy something. In OSRS its a two way street of buyer price AND seller price. Your outing yourself again here, mate.

Its entirely dependent on the order things are listed. It specifically prioritizes age of the buy or sell orders within the price range to fill orders.

Additionally, if any buy order exists for an item, any further listings at any price will be upped to the cost of the current lowest buy order, but sold to the person with the oldest buy order applicable for the item.

In OSRS the GE has a buy limit.

It also has limits on selling, and different limits on selling items in categories related to the ones you bought.


It has several 10+ post "How the GE works" threads in the last 10 years, which means its a terrible system.


How a market system should be described in a helpme thread:


I am listing this item for X. You can buy it if you want, or you can buy from someone else, or you can not buy it.

I want to buy this item for Y. You can sell it to me if you want, or you can list it for whatever price you want to, or you can not sell it.


And done.

[NessaWyvern]

You can't.

In OSRS the GE has a buy limit. For example, I believe Barrows sets have a buy limit of 10 sets per 24 hours.. I think, don't quote me on that one.

If they do, I never encountered a buy limit in all my 7 years of playing RS. If there is a buy limit, it would be restricted to certain items. I know someone who was merching black claws and they had theirs set to the thousands at the time.

[ADVSS]

It's funny you mention this, I am not by any stretch of the imagination a market board die hard, but I do know I can put up stacks of ten of an item and charge 100 more than the average, I always sell out because of the exact thing you just mentioned.

Sometimes people dont need 99 of something, so I provide that with just a tad extra tagged on, people buy it faster, I move products faster and I make more gil than 99 stack boi does in a whole week.

Capitalize baby

Yeah that was my point exactly, if im saving 100k gil on buying 10 more expensive whatever it is, I'm going to, and yeah we both have done the same thing, it seems. lol. I really dont know any solutions outside of what I mentioned that could improve the system any more than like what was mentioned.

[mawmaw]

*Undercuts thread by 1 gil*

*Undercuts by 1gil 2 minutes later*

[Mistyregions]

*Undercuts by 1gil 2 minutes later*

Looks at recipe realizes it takes 4 of something, lists 3 HQ 10 higher than your last list, then lists 1 single HQ 300 lower than the highest HQ listing, forcing you to buy all my stuff, or have an odd number of mats. No one likes having odd numbers of mats *now do we?*

Sniggers

[NessaWyvern]

Why when there are 2 listings for a level 50 shirt should resources be spent computing an algorithm every time someone wants to buy it for a certain price? It's much similar for it to list a database of stuff put up for sale by players.

Because the system wouldn't just be for two shirts, it would benefit the market board as a whole. If Runescape in 2007 could make a system spanning 100s of worlds in which it made prices more stable, and the market easier to use, then why can't FFXIV atleast take a few aspects Osrs has to improve their system. Like players being able to sell armour and weapons in stacks combined with being able to buy a certain number of items in a stack, which players have been asking for since ARR.

On another thread, it seems that people undercut mostly to sell things faster, if we have the buy offer and sell offer thing that Osrs has, then you would see a lot more things selling instantly.

Anyway, my experiences with the GE/GTS was between 2007-2012, and I am relying on memory for my info about it. :P

[Rowde]

So if I have this correct?

I gather all the mats, then I craft all the things. Time cost but zero gil cost.

I want my items to sell first, see the average price is 1000. I can buy 1 item, then do the math on refund to determine the current cheapest priced items on the board. Say I get 10 gil back, so now I know that the cheapest prices are listed at 990. So now I sell all mine for 989, including the one I purchased.

Net loss 1 gil to undercut the market.