Thursday, March 5, 2015

How I earn gold on the Auction house!


Hey guys! For this guide you will have to know what addons I'm using and you can find them here! So what I'm going to do now is to describe my daily routine on the Ah :) 

First of all I visit the Garrison, since I buy and sell herbs and ores, the mine and garden counts as free gold :) So I mine, and herb, and put in as many work orders as I can! 



When I'm done, I  use my Hearthstone and hs to Warspear.
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  • The absolute first thing I do is to check my bids, and if I've been undercutted (and still earn money on bidding higher) I do so! :) 
  • Then I check my auctions just to see if I've been undercutted (since I sleep during the night, most of my auctions are undercutted), so I cancel them. 
  • Then I move on to the mailbox, and pick everything out. 
  • After that I scan my Market Watcher (I have some items like herbs, transmogs, ores and more that I track.) 
  • I also scan Ah with the Auctioneer addon, just to get an overlay of the prices and if they are high/low at the time. 

  • Now it's time for the fun part, I'm starting to go through the Market Watcher graphs, here I can see the price history, so I simply buy stuff that are low priced and sell stuff that are high priced. During the selling/buying process, I have my Tradeskill master addon up, here I keep track of all my previous moneyhandeling. It's like an accounter :) Keeps track of my revenue's and my expenses! So that way I can ensure that I do sell/buy stuff for the correct price. 

  • After that I want to stack up on cheap bids, but first I check all the items that I'm tracking just to see if I can buy some items, and the repost it instantly and make some money out of it. For example, if someone posted Savage blood for 310g and he undercutted someone who posted for 389g, all I have to do is to buy the savage blood for 310g, and repost it for 388g! :) 

  • Last but not least I check the items for cheap bids and buyouts, some people put stuff out there, no addons, and no knowledge of the prices. There's always something ;)  

The transmogs I buy/sell and track is Blade of Wizardry and The Night Blade, I sell them when they are high on the ah, and buy them when they are low! I mostly never sell these on ah, I post them in the trade channel and sell them there insted. :) So now you know how I do it, post any questions you have, and I'll try to answer them as good as I can! :D 



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