FIX the AUCTION HOUSE!!!!

[PArcher]

Generally, I look at the sale history for how I should price my stuff; if its selling a lot, I price it higher than the lowest, since its going to sell; not selling, I'll undercut by a little, not a lot, just enough to get my stuff sold...unless the item in question has been sitting, unsold, for a while, then I will lower the price to something I think will sell (like a bluebird I sold for 700K...lowest price on the MB before that was around 900K, and had been sitting there for nearly a month; think I started it at 800K and lowered it by 25K every other day til it sold).

[Kewitt]

It's as much a free market is. If everyone was selling rocks off the grown for $1,000. Would you pick one up and sell it for $500 if you knew it would be sold in a second because when you undercut by that much bob may just buy it to put it on for $990 mean while you go grab another rock off the grown and go I got a rock for $500 anyone want it. jack goes I do and puts it back on for 985. Then you grab another rock off the grown and marry goes I want it. and put it on for 980. Mean while they wait 12 hours for someone to buy it. you just made $1500. And they only made 980.

Also. Frank who wants to sell his rock fast put it on for 600 but known his rock will sell next, But doesn't want to undercut to much.


Also. If you sell 99 for 100 gil
Vs 9 for 150 x 11 times Normaly the 9 will sell faster then the stack of 99. Most people have no use for a stack of 99 Rocks.

[MrKupo]

Stop thinking you can control the value of items on the market. The worth of your items is not the worth you choose. As long as you have competition, you do not control the price. You have to learn to accept that. Only then can you truly manipulate the trends.

Unless you have a monopoly on an item. Then you can force people to buy it at your price, which to many people is not super ethical. Think the recent comcast merger.

[Seif]

If you had to pay the tax when putting an item for sale then we'd have more stable economy.

The thing that might happen though is that all those cheap items wouldn't be worth selling anymore.

I'm sitting on 2mil I made off mb alone so for me the system is working just fine （＾＿＾）☆
The gil is almost useless though so I don't see a reason to be all up in arms about it either way.

[Beetle]

4 years later and still dont have a AH. Now thats saying something...

[Dhex]

I think the only reason undercutting is so rampant is you always see the cheapest item at the top of the list.

People undercut just so people will see their stuff first; and presumably buy it first because of that. They don't take into consideration the overall value of the item - they just want it gone.

[Palian]

Preventing to undercut (often) would only delay the process of the prices adapting to the current value of the item on the market, but not change the result. It would benefit incumbents and sellers, which, ironically like in real life, is often the reason for market regulations. Unlike in real life, there is even less need for market regulation, because you cannot form stable monopolies in the game.
What's wrong with a quick fluctuation in price? After the patch, the demand for low tier materia skyrocketed, prices rose accordingly then fell again as quickly as they rose, always perfectly reflecting the demand and current value of the items. On the other hand, prices for shards and other high volume goods are stable over long periods of time.

[LineageRazor]

The argument for selling faster by drastically undercutting is valid, but only if you check your sales stock often enough that dramatic undercutting is worthwhile. If you check your auctions, say, once per real-life day, then it doesn't matter if your item sells immediately. If your item sells five minutes after you place it, but you don't check again for twenty-four hours, then it's no different than if the item took twenty-three hours to sell.

Price your goods to move in the timeframe that you check your listings. If you check your listings every hour, price your goods to move in under an hour. If you check your listings once per week, price your goods to move once per week. The auction history will tell you how fast goods sell, and what prices they typically sell at. If something sells ten per day at a price range of 15k to 20k, and you're not going to check your sales until tomorrow, sure you can sell it right away at 7k, but if you put it up for 15k you'll sell it anyway and have 8k more to show for it.

Just as with anything else in any MMO ever, the advantage goes to the player who plays the game more obsessively. A player who quits his job or drops out of school in order to devote himself to crafting and selling 24/7 is going to benefit the most from undercutting, as they can monitor their sales pretty nearly constantly. A more casual player who crafts for a couple hours per week in between adventuring will gain more by putting items up for the "standard" price, whatever that standard is at any given point in time.

[Yoohre_WildRiver]

Market boards, the real PVP in ffxiv!

[Foo01]

People wasting their time undercutting by 1 gil is just wasting time, OCD, or something dysfunctional along those lines. And then they come here and complain about constantly undercutting.

And the greedy seller then complain when someone else price for signicant discount. Well the market will pay what the market can pay. All the prices named that are not agreeable to the market are good as irrelevant or nonexistent. The only price that matters is the price that sold the item. If the greedy seller thinks that price it too low, then by the darn thing and put it back on the market at the price the greedy seller wants and make a profit flipping the item while they are at it. What they got no guts? They can only come here and whine?

The market board works fine as it is. Stupid listing fees only makes the market less efficient. Prices changing all the time is the sign of a healthy market and the buyers and sellers are openly negotiating a price they can work with. Prices that are affordable to all it also a sign of healthy market, just like walmart, target, or costco having wide variety of items available all the time for affordable prices.

It is a good thing that market board is set up as it is, and not an auction house like e-bay, where it is set up purely for the gains of sellers.