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Thread: Undercutting.

  1. #11
    Player
    Felessan's Avatar
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    Staisy Sama
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    Sargatanas
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    Quote Originally Posted by DenariusJay View Post
    That doesn't happen in this game - there is no real market integrity, anyone can sell anything at any price. People can sell SavageAim4 for 1 gil and sell 100 of them at 1 gil if they wanted to crash the market. Realistically SE should add in minimum listing price requirements for items we know are valuable, ie can't list SavageAim4 for less then 80k, or something to that effect.
    They don't need to as scarcity limits the ability to undercut. There isn't a secret goldmine where you can mine SavageAim4 materia for pennies.
    Regulations exist because they are needed to close gaps as real world is not perfect - you cannot have universal access to resources, you can be locked out of production due to transport/finance/whatever monopoly, companies have a running costs so they cannot easily stop/resume production (at least without heavy impact on job market) etc. In real world government not only care about quality of economics but also about job situation, quality of living (most of this in FF14 monopolized by SE) and other things that may worsen economy but make country healthier.
    FF14 economy does not have all those problems so for it free market is rather good choice for perfectly matching demand with supply.
    (0)
    Last edited by Felessan; 11-26-2014 at 05:28 PM.

  2. #12
    Player
    IzumiYuki's Avatar
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    Yuki Izumi
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    Tonberry
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    Sometimes I sell the same item at different prices at the same time. Not just in this game but the other games I have played.

    Why?

    Because it is fun and I want to.
    (0)

  3. #13
    Player
    SarcasmMisser's Avatar
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    Captnyan Meowpants
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    Quote Originally Posted by Kiroh View Post
    No, this is not a thread complaining about people who price their items low to sell quickly.
    Yes it is, it offends you. You would have not made this thread if you weren't yet another person who thrives off a free market but hates it when it's being free.
    (5)

  4. #14
    Player
    Charisma's Avatar
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    Barrie Capdevila
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    Quote Originally Posted by HakuroDK View Post
    This same topic seems to come up once a week.

    It's a Free Market. If you don't like the undercut, buy the undercut product and list it higher or move onto something else while the price normalizes.
    This thread is not about undercutting itself, its about people who undercut themselves, even through it doesnt make any sense, no matter how hard they try to explain why.
    (2)

  5. #15
    Player
    Nuinn's Avatar
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    Nuinn Nomi
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    Quote Originally Posted by Charisma View Post
    This thread is not about undercutting itself, its about people who undercut themselves, even through it doesnt make any sense, no matter how hard they try to explain why.
    My gil pouch begs to differ. A lot >:3
    (1)
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  6. #16
    Player
    Eye_Gore's Avatar
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    Yolanda Freebush
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    Quote Originally Posted by Nuinn View Post
    My gil pouch begs to differ. A lot >:3
    You only have a pouch? I need a wagon now thanks Ehcatl Sealant I knew all that hair pulling out HQ crafting with only 81 CP would pay off some day.
    (0)

  7. #17
    Player
    Stihllodeing's Avatar
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    Stihl Lodeing
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    Mateus
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    Quote Originally Posted by DenariusJay View Post
    ...snip... If someone "undercut" in the housing market, it would be ignored by an appraiser because its a motivated sale that doesn't reflect what a fair market value is - they are suppose to do this to keep the integrity of the housing market...snip...
    That's not exactly true. If it's the only comparable available within the distance parameters given by the lender it will indeed be used in the appraisal and considered in the determining the value of the home in question. Appraisers are required to use comparable houses and homes that are within a reasonable vicinity to the home being appraised. The sale price of the home is indifferent to the goal of the prospective home buyer or home owner refinancing their home.

    What you are talking about are homes that have either sold at auction or homes appraised with what is referred to a "subject to" values. The reason it is this way is because there is no real way, other than what homes in the vicinity have sold for, to determine what a home is worth. If homes in a certain area are selling for less than what someone believes is really what their home is worth, that's just tough I've ran into that before. It's a jagged pill to swallow at times, but it is the way it is regardless.

    But ya, I've undercut my own retainers before in an attempt to encourage impulse buying. I never undercut by very much though. I try to preserve the integrity of the market as much as I can, aaaand I'm a little greedy I suppose
    (0)

  8. #18
    Player MeiUshu's Avatar
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    Sophia Sormanu
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    Fairness is determined by what people are willing to pay for a determined goods. The important is what you determined to be a fair price FOR YOU...the rest is just blabla.

    I undercut myself as well at times but is always a price I am willing to place and not because I find it funny

    Mei
    (0)

  9. #19
    Player
    Bixby's Avatar
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    Ampersand Kai
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    Quote Originally Posted by Nuinn View Post
    3. Of course, there's people who forget they've listed the same item on their other retainer (or even same retainer cause.... scrolling), only check the lowest current price and undercut (themselves) by reflex. Or.... they just don't care.
    ^ I do that all the time when I'm in a hurry. If I've already got one whatsit up, and I'm just clearing inventory, I'll put another whatsit up for whatever the going rate is without worrying about changing the prices on the other ones. I can go through and "fix" everything later, right now I just don't want this Allagan Fish Toupee taking up room.
    (0)
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  10. #20
    Player
    HakuroDK's Avatar
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    Kinnison Cooke
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    Quote Originally Posted by Charisma View Post
    This thread is not about undercutting itself, its about people who undercut themselves, even through it doesnt make any sense, no matter how hard they try to explain why.
    Some people like to stagger prices in an attempt to manipulate the market into selling items for a lower price. I was doing this with some food item a while back. It wasn't even a top tier item and it was selling for 1000 ea. on average. And this was an item I could buy from an NPC merchant for, like, 19 gil or something. So I bought a few 99x stacks, sold them in stacks of 10 staggering down in increments of 100 to normalize the price because the price was obscene, inappropriate, and taking advantage of desperate buyers looking for convenience.
    (0)

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