Making Gold in WoW (Part 2)

auctionhouseHeya!  I’m putting off my morning medication just long enough to type this up.  Hopefully it’ll remain coherent. :)

In Part I I told you to install Auctioneer and start using that to scan the Auction House on a regular basis to keep up to date on the prices of … well … everything.  It was a long post in my opinion, and to make up for it I shall dispense this post’s advice in the form of bullet points.

  • Pick a bank alt to run your auctions.  It’s nice being able to unload all my marketable  items any time there’s a mailbox nearby, and psychologically it’s a good way to save money – can’t spend it if it’s out of sight, out of mind, right?  No need for the bank alt to be a lvl 1 created just for that, either.  Just pick whichever alt you already have that you haven’t bothered to play with for a while.
  • Pick one or two tradeskill categories.  Go through them daily (or more often than that if you’re saving for something big) and buy everything priced under 50% value (Auctioneer will tell you the % – it even color codes it!) for the purpouse of reselling at a profit.
  • Careful, though!  Some items, even priced far below market value, just don’t sell often.  That’s why you only pick two tradeskills – you’ll quickly get a good sense for what will and won’t sell.  I’m looking at YOU, Black Whelp Scale!
  • Beware of bulk – yours and others.  If someone just posted 5,000 Copper Bars to the AH then they’ve officially flooded the market.  Go ahead and buy some if they’re a good deal, but don’t think you’ll be able to resell them the same day.  Just hold onto them for a while first to let the market calm down.  Likewise, if YOU post 5,000 Copper Bars to the AH, you can expect to see most of those come back to you – less the deposit fee the AH charged you, of course.
  • People who play twinks, as a rule of thumb, tend to have a lot of gold handy.  Searching for blue BoE gear in the level 17-19 range (or 27-29, or 37-39…) might net you a bargain, but be careful not to jack the price up too high when reselling.

There you go, a few more tips.  I’ll write more later, but first I think I’m going to finish leveling up Splat’s fishing.  Seriously, do you see what Deviate Fish sell for in the AH?

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Fortune Favors is a World of Warcraft guild that makes its home on the Alliance side of the Trollbane server. We're pretty informal, but are one of the few guilds who try to keep things "family friendly."