FIX the AUCTION HOUSE!!!!

[Bracken]

Just sounds like you want FFXI auction house

[Luciano_Bozzelli]

*If you are one of these people, consider the following;

Bob wants a 'Bronze Saw'.

Currently 20 listings are up for saws;


Now. Bob want his 'Bronze Saw', it doen't matter which one to him, he really needs it to get his Carpentry done.

Bob buys yours for 3,000g as it's the cheapest.However

Had you'd set yours to 4998g Bob would still have bought it.

You've now lost out on 1998g in total. And also left yourself open to be undercut further lowering the value of the item faster than people can actually purchase them.




This is how market crashes happen, where something that's worth 5,000g gets undercut by large chunks in a short period of time because, let's face it at ANY time someone could undercut your price. And by undercutting 1-2k gil you can be sure it won't be worth anything soon.

Man!! I wish this comment right here was a big sign that showed everytime you logged in. LMAO... I don't understand why people don't understand this... Just a few days ago the black mage weapon used in the beginning relic quest was sitting at a nice 25k, I sold a few, but here comes some stupid guy just throws his in for 12k... Now, seeing this scared the hell out of me, so I bought his, and undercut the next man by 1 gil... But then this means I had more to sell... Next time I look, mines are still in there, and someone else puts one in for 9k... I have no idea what's going on in their head, but he just cost everyone's chance at making 20k a pop... I really don't get what goes on in there head...

One time I invented a link shell called Business Minded... With the goal to invite everyone to it that I see do stupid undercuts, and eventually inform all the stupid sellers on my server one stupid man at a time. But you know how many people I added to that linkshell... One guy!! Only one man was willing to listen, the rest hit me with, I farmed the materials, I didn't buy them... So its pure profit!!! What do you care what I sell my items for... One man even rudely told me to F off... I just don't get it... I guess these stupid people just don't want the extra gil every time they sell that said item... The man that sold that cudgel for 9k just didn't understand that he could have sold it 5 times for 20k plus a peice...

How can we inform the realm of this? How can we educate everyone? Make a macro that shouts in the city everyday? But... if the prices were hidden and you didn't see what everyone had theirs sold for, you couldn't just undercut that man directly, you would have to make a choice to undercut the price of the last one purchased, and the buyer wouldn't know that someone put one in that low, they would have to just go off of what the last man bought it for. This made people hover around the real price, and took longer for the price to actually drop.

I wouldn't mind if this was implemented as this is how it was in FFXI. And it would make a difference to the market.

[Oriana]

i dont care about making gil , i want to get rid of things to get room for new items , if i get undercut too often expect me to sell my items for 1 gil a piece soon

if u dont care about gil then vendor it to a npc solve your problem and dont bother putting in the market is wasting ur time!

[Lafiele]

Man!! I wish this comment right here was a big sign that showed everytime you logged in. LMAO... I don't understand why people don't understand this... Just a few days ago the black mage weapon used in the beginning relic quest was sitting at a nice 25k, I sold a few, but here comes some stupid guy just throws his in for 12k... Now, seeing this scared the hell out of me, so I bought his, and undercut the next man by 1 gil... But then this means I had more to sell... Next time I look, mines are still in there, and someone else puts one in for 9k... I have no idea what's going on in their head, but he just cost everyone's chance at making 20k a pop... I really don't get what goes on in there head...

One time I invented a link shell called Business Minded... With the goal to invite everyone to it that I see do stupid undercuts, and eventually inform all the stupid sellers on my server one stupid man at a time. But you know how many people I added to that linkshell... One guy!! Only one man was willing to listen, the rest hit me with, I farmed the materials, I didn't buy them... So its pure profit!!! What do you care what I sell my items for... One man even rudely told me to F off... I just don't get it... I guess these stupid people just don't want the extra gil every time they sell that said item... The man that sold that cudgel for 9k just didn't understand that he could have sold it 5 times for 20k plus a peice...

How can we inform the realm of this? How can we educate everyone? Make a macro that shouts in the city everyday? But... if the prices were hidden and you didn't see what everyone had theirs sold for, you couldn't just undercut that man directly, you would have to make a choice to undercut the price of the last one purchased, and the buyer wouldn't know that someone put one in that low, they would have to just go off of what the last man bought it for. This made people hover around the real price, and took longer for the price to actually drop.

I wouldn't mind if this was implemented as this is how it was in FFXI. And it would make a difference to the market.

The problem with the original quote is to assume bob would buy it at 5k and that there is a demand for it at 5k over 3k. Supply and demand has to intersect each other. With your above example, it is clear that people are willing to buy it for 9-12k but even if you're the only one selling and the price is 25k, doesn't automatically mean there is a demand for it at 25k. This has nothing to do about education or people being dumb (if there is any is to educate people who don't understand this simple concept that selling highest possible isn't the only way to make profit. Instead, it is a simple trade off of someone who wants a quick sale and someone who can patiently wait for the slow 25k sale. Think about it this way, a guy could sell 5 12k staffs in the same time you've sold one 25k staff

Your second fault is trying to change the way people want to sell their items because of what you think is right. This is called preaching and is exactly what religious people do. Firstly, your idea of it isn't the only correct interpretation of it to begin with. Undercutting high amounts is done because people want to ensure a quick sale and to discourage competitors such as yourself to undercut more than him (which obviously worked). Whether he makes a profit or not is not your concern. Also, if the demand was high enough to meet the price that YOU set, what they are doing should have little effect on the pricing. Obviously, the demand wasn't high enough to meet your supply price so the lower prices are the current equilibrium. In short, stop being greedy and trying to change others so you can be greedy.

[Warlyx]

i have been levling a job this month i checked every now and then the lvl50 weapon + materias for it, and only bought the weapon when the price was reasonable for me

a guy sellin 20 staves at 25k each doesnt mean that 1 will sell, ppl will wait until price drops and buy 1,or dont ever bother buying

[Aethaeryn]

i have been levling a job this month i checked every now and then the lvl50 weapon + materias for it, and only bought the weapon when the price was reasonable for me

a guy sellin 20 staves at 25k each doesnt mean that 1 will sell, ppl will wait until price drops and buy 1,or dont ever bother buying

Yep. I either wait for something cheaper or buy the materials to have a friend or random craft one for me if someone is gouging for a 400% profit.

When I sell things, I try to consider the sales history average and factor in the material cost from crafting it. I'm not going to gouge prices just because someone else bought out the market and relisted for a higher price.

[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).

[aray0002]

There are always a number of people with severe brain damage who think; "This is up for 50K...but wait IF I SELL MINE FOR 40K IT'LL SELL FASTER".*
These people actually exist, and somehow believe this, and there is no remedy.

The fact is .. The one for 40k will always without a doubt sell faster than the one listed for 50k. Nobody can argue the facts. Having severe brain damage or not.

The guy selling for 50k will either do one or 2 things. Leave his priced at 50k while history will show last purchased at 40k and hope someone bites. Or he will reduce his price to 40k hoping someone don't come in 5 min later and list one for 30k.

[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.