Makin the Moolah – Setting UpJune 22, 2009 at 12:05 pm | Posted in General, Professions and gold | Leave a comment
Tags: auctioneer, disenchanting, making gold, Mark of the Wild, World of Warcraft
Marked Readers –
Auctioneer is an invaluable add-on if you have any hopes of making money in WoW. In addition to it’s outstanding functionality, it also offers tremendous user support. It’s user wiki breaks things down simply and their forums are monitored by the authors on a regular basis. I’ve had questions on several occasions and I’ve always had a response within a few hours. Great job!
Auctioneer has grown tremendously over the 18 months or so I’ve been using it and at times it seemed on the edge of trying to do too much. But the authors always seem to make that right tweak, or add that needed button to make it all work smoothly and intuitively again.
Bascially, auctioneer works by createing a database of prices for items and stores that information for future use. The more often you update your prices, the more accurate they are. For example, if you scanned last Tuesday, chances are the prices have changed between then and now. But if you scanned 10 minutes ago, they’ll still be accurate. More importantly, if you updated your prices every day between last Tuesday and now, you’ll have an even richer array of data to use and you’ll be able to better find bargains.
If you’re just beginning, after you download the addon, you’ll need create that ‘baseline’ of prices. To do so, simply go to an auction house and auctioneer will open up and will look like the screenshot below (taken from documentation at auctioneer’s website). To scan, click on the Play button along the top row. This will take several minutes, especially if you’re starting out. The size of the economy (reflected in the number of auctions and different items) will also impact how long the scan takes. For me, 7-9 minutes is the norm. I recommend doing this twice a day for 3-4 days before you start buying things. Again, this is to let you build an accurate price picture and weed out any outlier auctions.
Once you have that baseline, right click on the magnifying glass-looking button to the right of the scan buttons (the green highlighted button above). Remember, RIGHT click! It will bring you to the screenshot below:
It looks somewhat intimidating, but it’s really not. Along the left are all the different types of searches you can do with Auctioneer – anything from a simple bargain finder (you can buy this for Xgold and sell it for X+5gold because that’s the price it usually sells for), to vendor trash (folks selling items cheaper on the AH than they’d get selling it to a vendor), to disenchanting among others. For our purposes, though, click on disenchant and that’ll bring up the window called ‘Disenchant Search Criteria’ which will let you tailor your searches to meet your disenchanting abilities and your bankbook. The first set of options is to choose if you only want to buy items or if you’re willing to bid on them. If you choose bid, know that you will be outbid by someone else much of the time. I don’t mind this because you don’t lose any money, you just get it back. But if you’re starting out on a thin budget, you may want to just look at auctions you can buy straight out since that’s the best way to get you money working for you.
The next box is to choose your minimum profit. Is there a profit that’s too low for you to take? I haven’t hit that point yet, a copper I didn’t have is still one more copper than I had before, they’ll add up! Towards that end, I set it on 1 copper. The next bar is a bit more important. It tells auctioneer if there is a upper limit to what you’re willing to spend. This is crucial if you’re just starting out with limited funds. I recommend setting it at 10% of you budget. If you have 10g, set it for 1g. If you have 100g, set it for 10g etc. Keep in mind that this is the maximum and below. So if you set it at 1g, you’ll see all the auctions up to and including those for 1g.
The next row is also crucial for folks who are not maxed in enchanting. It lets you set the search to find only those items you are able to actually disenchant. Eblis is maxxed out, so I have it deselected. But if you’re just starting out, set from 1-50 or whatever your skill is. You can also narrow it down to a small range if you’re looking for a particular type of mat.
Notice that I said to set the level at 1 and go up from there? That is a key element in my system. Like copper ore, linen cloth, and peacebloom, strange dust sells quickly and well. It doesn’t sell for much, but again, I’m not picky. I’ll gladly buy some copper gloves for 20 copper and sell the 2 strange dust for 40 silver. So don’t be snooty, buy it all!
Finally I check the box telling auctioneer to include any fees in its scans. Better them than me, I’d just mess it up.
I’d like to mention something peculiar about selling enchanting mats, though – there is no deposit for posting the auctions! That’s right, you can post all you have and anything that does not sell, costs you nothing. I love this game!
But back on track, now that we have everything set up just right, we’re ready for our first buying spree!
Make sure you’ve chosen disenchant search feature and all your criteria are set. Then simply type /aadv getall and wait. You’ll see a screen replace Disenchant Search Criteria and it will start to fill up with auction items for you to purchase. This scan should take a few seconds at most and at the end you’ll have a screen looking like this –
Click on each item on the list and if it’s still available for purchase or bid, you’ll see the confirmation box to make sure you want to buy the item. YOU DO! CLICK YES! Do this with the entire list.
Now, you don’t have to click and confirm each item singly. You can select 10 or 15 or even 77 items and the computer will as for your confirmation on each one. You can even choose to purchase the entire list! Just ctrl-alt-shift click on the “purchase” button and every item will be sent to the confirmation queue. You still have to confirm you want to buy each item, but getting them all saves a lot of time. Use this only if you’re sure you have enough gold to buy out the full list!
Once you’ve bought out you list, or as much of it as you can, the rest is cake – and doesn’t need screenshots! Just run to your mailbox, take all your winning auctions, and disenchant them. Now, a few tips here. First, use a mail add-on that allows you to mass-open your mail. You will eventually get hundreds of winning auctions at a time. Opening each one seperately sucks. I use Postal and love it. The best feature it offers is the ability to open all auction-related mails but not the non-related mails. Friends send me items to DE for them and I DE/tailor for the guild as well and I’d sometimes lose these mails in the rush before I got Postal. So it’s recommended. Next, put your disenchanting skill on a toolbar you can swap to when you’re doing this. For example, I have a toolbar that has all my professional skills on it. Normally, it’s off to the left, out of the way, but available for clicking if needed. But when I’m doing the AH, I make that my primary toolbar. That puts my professions, espeically disenchanting hotkeyed to a number. DE is #1 for me, so I can just hit the 1 button and hover my mouse over the next item to be DE’d. When it’s finished, I hit 1 again and move my mouse over. Trust me when I say this is much easier than having to click on DE with your mouse, then click on the item you want to DE then click back on DE then back to an item – ugh. Third, have a friend send you a mail, or do it from an alt and call it ‘last mail’. This will be your last mail and when you see it, you’ll know there’s no more auctions to follow. Your mailbox can only hold 50 messages at a time and you’ll often reload it many times. Last Mail is a good way to know when you’re done. These mails stay in your box for 30 days so you’ll need to refresh it. The best ‘last mails’, though, are from Blizzard. initiated mails last 90 days though. So if you ever open a ticket with a GM or the like, save that mail! No, it’s no big deal, but it’s kinda like recycling and saving the (virtual ) planet, no? In any event, you’ll find the ‘last mail’ will be very helpful.
If you’re leveling you enchanting with this method, use as much of the mats as you want to skillup. Don’t worry, I’m sure there are plenty of mats from the lower stages you’ve already gone through that will make your money back plus a nice profit. You can set aside some skillup mats to sell even if you can use them, but I don’t recommend it. Remember the more quickly you boost your enchanting, the sooner you can DE better quality mats, which opens up a whole new range of cheap greens just for you.
Now that all your purchases have been rendered into their expensive, magical innards, it’s time to sell! Head back to the Auction House and bring up auctioneer again. This time, click on the Appraiser tab (the last one on right at the bottom). You’ll see a screen like this (yes, it’s a screenshot, sue me)
On the left is an inventory of everything you have in your bags – this toon has 83 GEEs and 2 Felsteel stabilizers. You’re screen will be a lot more cluttered. The rest of the screen lets you tailor your auctions so that they sell quickly.
You can choose the stack size of your auctions – dusts stack in 20’s, essences and shards stack in 10’s, but you don’t necessarily want to sell them like that. Most enchants only call for 3 of x dust or 2 small shards or what have you. People looking for the mats of one enchant won’t buy a full stack. They’ll be willing to pay a higher per unit price for the 2 shards they need rather than pay more overall for the 10 in a full stack. As a rule of thumb, I generally sell dusts in stacks of five and essences and shards singly. If I have a large supply of dusts, I will put a few full stacks up, but 5 spots are my bread and butter. This applies across the full range of levels too – from strange dust to infinite. The row below stack size is the number of stacks you want to sell. I typically leave this on ‘All’ which is the slider all the way to the right. This clears out my bags and takes care of any ‘odd lots.’ You also have the option of selling all the ‘Full’ lots, so it will only sell full sets of the stack size, or selling a specific set number of stacks.
The next area you’re concerned with is the Bid per and Buy per item areas. Autioneer will already provide you with suggested prices and you should stay in this ballpark (after all this is what all those scans produced!) I tinker with this in one way, I make my bid and buyout price the same. Most people buy in WoW, and only bid when they’re getting a great deal. Well, I don’t want to give great deals, I want to sell at a reasonable price. So one price is just fine for me. You can also check the ‘enable price matching’ box. When you do this, it automatically adjusts your price to undercut most of the competition – within reason. One great thing about this feature is that it does keep your bid/buy prices the same if that’s how they were when you checked the box. I don’t use this feature too much though. A big reason is that I learned what the going prices of enchanting mats were long before this was available. So my items sell quickly and consistently for the same price – I just don’t have to alter them very much.
Once you’ve determined how big a stack of stuff you want to sell, and how many stacks of that stuff you want to sell, and for how much you want those stacks of stuff to sell for…you need to put em up on the auction! Just click on the post items button on the lower right and you’re on your way. You can even move on to your next auction item while the stacks of stuff are being posted!
And that’s all she wrote – you’re now in business. You might be afraid that this will take up all your time and you don’t play wow to waste time on gold. Well, believe me when I tell you that it probably took you longer to read this article than a typical scan/buy/de/sell cycle does. I get mine done in 30 minutes or so each morning before work.
My next post will start Eblis’ week in the spotlight, putting all of this into practice!