[Guide] Insane gold with Auctioneer

[Tenni-T]

I read this guide today, and I've already made pretty damn sweet amounts of gold! (Had auctioneer beforehand tho, with regular scan) - Anyway, this is really a neat guide if you want to max out profit from auctioneer or wanna just learn to use it. For that reason, I chose to share it on here.

Seed money: dailies, farming raw mats and selling on AH.

Addons: Auctioneer (this is critical), any of the various bulk mail addons, and and a money tracking addon

Character: Create a new toon, or pick a toon you haven't played, and probably won't play for a while.

Bags: Get 16-20 slot bags, and a profession specific bag (if you sell a lot of raw mats).

Bank: Get 16-20 slotters and/or all profession bags (depends on the variety of your goods), buy extra spots as you can afford them

Guild bank: great for storing overstock and seasonal gear (eg small eggs for winter, 100 extra stacks of saronite, etc), not worth it until your bags are chronically overfull. Also, offer 5-10g per charter sig, you'll have a new guild in 10 min vs spamming trade for 3 hours offering 1g.

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In auctioneer, your going to be living in the 'Appraiser' tab.

After installation, run scans until you have a few scans over a few days - this sets the 'market price.'

Setup: click 'configure' in your Auction House/Auctioneer window.

Go to Match modules (I think that is the name, it start's with 'match')

Select 'Undercut'

Set undercut to %0.1 (I advise not setting it to 1c - if often alienates buyers and will get your name tossed around angrily in trade chat - you want to fly under the radar as you build your empire.)

Set your overprice to 150-300% and your underprice to whatever you are comfortable with, I use 50%, but I also deal in gems which have wild price swings - set to 10% until you are familiar).

Fill up your bags from the mailbox (bulkmail addons makes this 1000x easier)

Go to the AH, open up the Appraiser tab, alt-click refresh to update everything in your bag.

Start at the top of the left column, check the 'undercut box' and list everything.

Anything that is 'blue' is generally well under market rates - if you are confident that the item is in reasonably high demand, and there are no external reasons for it to be priced so low (like an upcoming patch where xyz material is removed from a bunch of patterns), buy it, click refresh, and your undercut price will automatically adjust to the new market floor.

Rinse and Repeat, you'll be rocking a Mechano-Hog in no time!

General tips:

I have about a 10-15% sell rate on a volume of approx 500 auctions a day (about 100 of which are stacks sold as singles).

I haven't done a daily for gold or farmed for gold or mats in about a year and a half.

According to the Character sheet, I gross about 2.8k/day, about 500-1000 of that is profit, for 25-45 minutes of work, up to an hour on days that I am prospecting and cutting (which I do 2-3 times a week).

About 80% of my sales are gems, raw uncommon and cut rare.

The rest are Mana and health potions, injectors, and injector kits (I own all aspects of this market - undercutters are either purchased by me or undercut by me.), and 2-3 epic eng weapons a week.

I have sold about 300k gross on the AH since the tracking started - hope to hit 1mm by this summer.

All credits to Gritz from the ************.com forums!

Hope it was helpfull.

Tenned. :wave:



UPDATE!!

I now know why you people has been doubting my source. This is not from the gritz of elitistjerks, but from gritz of ************. If they are the same person, I dont know. SOURCE IN THE BOTTOM;

Source http://www.************.com/index.php?topic=34353.msg568772;topicseen#new

********* = if something is censored then its for a reason

[ayce23]

what are good addons for bulk mail and money tracking?

[darkriderking]

just read will try this if it works good +rep lol

also i use ct mail so it opens selected mail sent to you from auction house or whoever.
i dont really know what you mean by money tracking but i use titanpanel to check how much $ i have on my chars and on the server

[Tenni-T]

just read will try this if it works good +rep lol

also i use ct mail so it opens selected mail sent to you from auction house or whoever.
i dont really know what you mean by money tracking but i use titanpanel to check how much $ i have on my chars and on the server

Thats what is meant =) Good luck on the gold making!

[Tenni-T]

what are good addons for bulk mail and money tracking?

Read on, dont stop there, it gets better

[ayce23]

I did, trying to get engineering without mining... i hate doing work downloading all the stuff now... do u think 700g is a base to start with? or should i use more.

[Tenni-T]

if you follow that guide 700gold is more than enough to start with!

[Sicco]

I read through it attempted to follow up with my Auctioneer but failed rather quickly due to I can't find this
"Set your overprice to 150-300% and your underprice to whatever you are comfortable with, I use 50%, but I also deal in gems which have wild price swings - set to 10% until you are familiar)." because it does not exist in the Undercut tab.

I use auctioneer ver. 5.1.3715


Oh, And this appraiser uses prices PER ITEM.
Made me post 20 Primal earth for 4000g a stack lol -_-

[masolina01]

original link please

[swankboss]

I'm always a bit iffy on this stuff :/

I got 10k starting cash do you think I could do this pretty successfully?

[Eski]

There seems to be alot of guides involving auctioneer :P Its a great money maker. I like the neutral one the best.. least amount of work.

[mage123]

I would like to see an orig link as well. i went to the elitestjerks site and searched via the original posters name and did not see any relevent posts. I wouldn't try this until there is a credible source.

[darkriderking]

yeh where is the overprice

[manowarlock]

yeah this sort of thing DOES work, just dont start "undercutting and buying out stuff" for about a week. just scant he ah 3 - 5 times a day 1st so it has some solid data to run with.

[Profane]

i usually just manually uncut people with a 99 99 ending .lol