This site makes extensive use of JavaScript.
Please enable JavaScript in your browser.
Live
PTR
10.2.5
PTR
10.2.6
Why does everyone look down on undercutters?
Post Reply
Return to board index
Post by
voodoopimp
Not buying that one because if the person selling the item never needed or wanted it, then there is no loss of utility and therefore opportunity cost would not apply. You could at the outside say that the time involved in putting it on ebay and subsequently dispatching it could be perceived as a loss due to other things they could have been doing with that time, but that is a hell of a push.
That might arguably be true in the case of random drops you get while doing other things, I suppose. But a handful of low-priced items aren't going to have any substantial impact on the market unless it's something that takes a really long time to sell even at that price, in which case the higher price was probably too expensive anyway.
Post by
Shadoed
Not buying that one because if the person selling the item never needed or wanted it, then there is no loss of utility and therefore opportunity cost would not apply. You could at the outside say that the time involved in putting it on ebay and subsequently dispatching it could be perceived as a loss due to other things they could have been doing with that time, but that is a hell of a push.
That might arguably be true in the case of random drops you get while doing other things, I suppose. But a handful of low-priced items aren't going to have any substantial impact on the market unless it's something that takes a really long time to sell even at that price, in which case the higher price was probably too expensive anyway.
Sort of mixing comparisons there, the argument in question was about ebay vendors vs other sellers, but you could transpose it to a degree. The comparison i guess would be to someone getting a purple drop or mining/skinning while doing other things like levelling or dungeon running, vs someone who farms to sell or produce.
Post by
nurseferatu
Here's another take. On my server we have a few people who try to keep the cost of glyphs up insanely high - like so high that new players won't be able to afford them.
This offends me. These sellers aren't players - they are doing this with a lot of other things as well.
Making an honest buck is one thing, trying to drive the prices of things that HAVE to be purchased out of the realm of newer players is just a *richard* move.
So I drop large quantities of glyphs on the AH at low prices whenever I have the mats. I figure some will go to those that need them, and I cost the folks who think playing the AH is how you play WoW some gold in the process.
And yeah - I am tickled pink that they will be giving the glyphs to new players in the WoD!
Post by
Monday
These sellers aren't players
wot
Post by
UglyBlueCat
I don't have a problem with this.
I think people dislike it because they are using addons that automatically undercut the lowest price by a tiny amount, and if you undercut by a huge amount and they don't check, their items will be placed on the AH at a price way lower than market value.
Post by
PragmaticSoul
Personally, I think there should be something like I once saw on eBay: a reverse auction house.
Buyers would post an item they want, and a price they're willing to pay (putting the gold in escrow). Sellers would check the board, and if they like the price, they'll dump the item from their bags into the reverse-auction's window, and the gold gets mailed to them.
If the buyer posts a price too low, they get no bites. If they make it high enough (e.g., "I'm willing to pay 100g a stack for fel iron ore, for a total of 10 stacks"), sellers would be motivated to get it out of their bank vaults (or go farming).
It'd only work for items that are low quantity (e.g., the aforementioned fel iron ore) on the auction house, or items that are rare drops (some battle pets or mounts), or just gear with the correct suffix ("of the bear").
Post by
PrimeSonic
Personally, I think there should be something like I once saw on eBay: a reverse auction house.
Have you any idea just how brilliant this would be? :D
Post by
Shadoed
Personally, I think there should be something like I once saw on eBay: a reverse auction house.
Like it.
Post by
kemppy
Personally, I think there should be something like I once saw on eBay: a reverse auction house.
Have you any idea just how brilliant this would be? :D
Please post this idea on the official
Post by
Eccentrica
It's been there. It's been hotly debated. It's been asked for, for years. The answer is always no.
Post by
saiyuri
I find it funny how people get so defensive and start crying about the high prices on the ah and how new players cant afford things (honestly I love when people undercut deeply, i just snatch up those items and relist, normally the amount I sell and buy average out but im making 2-10x the gold on them)
High prices of low level items means those new players can stick those low level materials / armor (if its pretty :P) and other various goodies on the auction house and make enough to be able to afford the other items they want
Also if something is 'overpriced' go out and farm it for an hour and sell it at a reasonable price? I have found farming low level ore, herbs and leather are a lot more profitable per hour than the current stuff, because people need it to level up their professions / make shiney pretty transmog item of awsomeness and cant be bothered to go back and farm a couple of stacks of x or y
And the people buying and reselling items 'mispriced' on the auction house are doing a service really, without them you wouldnt be able to find obscure trade goods, twink items or transmog
Post by
emptycagegirl
Honestly I make the most gold when I am in competition with serious undercutters. It makes me step up my game a bit, increase my inventory, widen my markets and stay on the ball. I'm currently in competition with a person who is in the same markets as me who has returned to the server and I've been making so much gold as a result. Try not to let it get to you, broaden your markets and wait it out. Best of luck! I know it can be frustrating.
Post by
Griffyn2007
I was just thinking. What if.... What if Blizzard implements 'bottom' or lowest possible sell values?
I mean that you can't get below a certain amount of gold/silver for items.
(Ignoring the fact that it will be a lot of work to create and set lowest possible sell prices for all items)
But in theory, would that work if an item has a standard low (reasonable) selling value that you can't undercut ?
Post by
neoslayyer
Think of it in real world terms. Farmer Smart, Farmer Hardwork, and Farmer Notgreedy plants potatos. He can sell 1000 potatos for $500 all day long every day. This is how these farmer makes their living to support their family. They all know that $500 for 1000 potatos is a decent price and that the market is stable.
Now, Farmer Jackhole comes along and sees that Farmer Smart, Hardwork, and Notgreedy has been selling potatos for $500 and thinks, "Hey, If I sell these potatos too, I can sell them for less and make money really quick. He sells them for $250 per 1000.
This causes the market price that was supporting all the other families to crash. Making it so they have to sell twice as much to make the same as they were before Jackhole came along and tried to make a quick buck.
The other farmers get together and talk about it, and decide to talk to Farmer Jackhole. His response is, "Herda Berda Derda, Dems my taters so I can does wha I wantz wid dem taters!" He doesn't think about the fact that he just took 3 peoples means to make a living and caused them to have to do twice as much.
TL/DR: Don't be a jackhole and undercut prices by 50% and crash a market causing the people who know what they are doing to send you nasty messages.
Im sorry, but i am farmer jackhole. I found an easier, more efficient way of planting and harvesting my potatoes. Farmer Smart, Hardwork, and Notgreedy have the market cornered. To make my money(every so often because i get my money quicker and do not flood it on the other 3, and i have an easier and more efficient way of growing my potatoes that the other 3 do not want in on) i will occasionally sell my 10000 Potatoes at $250 about once every week. They will still get their same $500 in that same week, they have 6 days to do it in, if not, they should modernize as i did, and grow and harvest those potatoes just like me instead of controlling the entire market.
Post by
neoslayyer
Honestly I make the most gold when I am in competition with serious undercutters. It makes me step up my game a bit, increase my inventory, widen my markets and stay on the ball. I'm currently in competition with a person who is in the same markets as me who has returned to the server and I've been making so much gold as a result. Try not to let it get to you, broaden your markets and wait it out. Best of luck! I know it can be frustrating.
Totally agree if it comes to that. It is how i have had to stay in tokens for game time every once in awhile when i am having bad luck on the missions, or have a bit less time to do WQ's on my alts. So i will play the AH at a much lower price, forcing the big wigs to come down to my level, or they buy my inventory and turn it around. business is business.
Post Reply
You are not logged in. Please
log in
to post a reply or
register
if you don't already have an account.