TopWarcraftLevelingGuides.com

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.

It is these variations that give you the potential for profit, and of course for loss. The NPC vendors do not give you a variable price, the amount of Warcraft gold they pay per item is fixed. It’s a fair price, but if you have uncommon or better items to sell, they will rarely give you the best value for them.

If you are considering playing the auction house as if it were a market, then first you need to collect some data. 3G for 20copper ore might look like a bargain, but is it? Unless you have followed the price of copper ore for some time, then you don’t know.

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

Once you have run auctioneer once a day for about ten days it will give you some decent average averages that are being asked for items.

The scans will have recorded each item at auction and given them an average asking price. You will see a percentage next to each item now in the auction GUI. This percentage is a ratio of the average price Auctioneer found when it scanned. So 80% is 20% below the average asking price. 120% is 20% above

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).

There are some huge shortcomings with auctioneer in the long run though.

As I mentioned above, it records the asking price. Not the selling price, it doesn’t even know whether the item sold at all. People can ask whatever price they want at auction. If you’ve seen a piece of wool cloth or similar on for 10,000g (it happens all the time) then this figure will massively increase the average that Auctioneer thinks Wool cloth is worth. It won’t have sold of course (at least not to someone who was keeping within the ToS and actually wanted it) People do this to either move vast amount of gold around, or in the hope that someone accidentally clicks on the item and buys it. The result is the same. Auctioneer’s average asking price gets completely skewed with rogue data.

Another issue is the fact that the game changes all the time. Items are useful, and then a patch is issued that makes them worthless. Perhaps they were part of a crafting recipe that is no longer the best available. Or the stats for an item have been changed. Blizzard increase and decrease drop rates for items all the time. In a matter of days rare items become common and worth far less, or the opposite can happen. Auctioneer will not tell you this. If you have invested heavily in one or two items, a patch can wipe out loads of your profit of you don’t know what’s coming up

However, to start with auctioneer is a great tool. Install it and run the scan. It certainly isn’t the be-all-and-end-all tool for making gold in Warcraft, but it is a tool that, used properly and knowing the pitfalls, can help you along the way to becoming a World of Warcraft Gold Generator.

Do you want to dominate the Warcraft Gold market? The download our free guide. Visit Free WoW Guide Blog to download it. If you just want to comment on this or any other post visit the Warcraft Information Exchange