The capital cities in Azeroth are where you can find the auction houses. It’s here that the most potential for profit and loss in Warcraft exists. The reason is the variability in price that you will find in here. One day Mageroyal is 5 silver apiece, the next it’s 10.
In short, it’s the variations in price that offer you the possibility of making gold. The in game NPC vendors do not offer variable price. Sure they offer a fair price for your “white” loot, but if you have uncommon items or better, then you are often missing a profit opportunity if you just vendor them.
Playing the market in the auction house requires that you first do some research, and collect some data. You need to know if a bargain is as good as it seems, or if you could get more profit for the items you are selling.
My initial advice would be to download the Auctioneer add-on. This tool allows you to run a full scan of the auction house, and collect all the prices people are asking for every item in there. Run the scan, and then get on with powerleveling
If you run this scan once a day (or once every two days) until you have run it about 10 times, you will have a good idea of what people are asking for certain items.
Once the scans are complete, Auctioneer will have worked out the average asking price for every item if found. When you open the auction house GUI you will now see a percentage displayed on the right. This is the ratio of that items asking price to the average that auctioneer has found in its scans. 150% means it’s 50% over the average asking price, whereas 50% means it’s half the average asking price.
With this information you can start to make judgements on what items are worth buying and selling at a later date (buy low sell high – just like the real world).
However, before you rush off, there are a couple of very big potential pitfalls
As I mentioned, Auctioneer records the asking price, and not the selling price. People ask stupid amounts of gold for trash sometimes. Have you seen trash items in the auction house for 1000 gold or more? It happens all the time. This can massively skew the figures that auctioneer is collecting for you.
Secondly, and more importantly, Auctioneer doesn’t follow the game dynamics. It doesn’t know that certain items will soon have a massive drop in demand because an upcoming patch is going to make them obsolete. Or that new items will be added that make the ones you have now pretty much worthless.
In summary, auctioneer is a good tool as long as you understand its limitations. It is not the only key to making Warcraft gold, but it does have a role to play. So if you plan on becoming a World of Warcraft gold generator, then download this addon now, but remember you will need more than this tool to make you gold rich.
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