|
Posts: 58
There are certainly items that will sell by slightly undercutting rmah prices, especially if you've found a niche market. What I do is get good items at discounted prices off of bids and use the rmah to avoid the 15 percent take from the gah or I'm looking to turn the item into real cash. Doing this, I could make profit off of flipping back to the gah, but it's more ideal to sell on the rmah especially on high end items when the blizzard gah can really get you.
|
Rmah Dying
|
Posts: 376
+1 to @ninjax and -1 to @arpger (and not in a bad way, just disagree with your thoughts). I was buying items on the GAH for 16M - not even sniping, but outright buying at 16M - or a USD equivalent of $4.00. Selling that same item on the RMAH for $8.95. Why? Because that's the price that it would sell at. I have no idea why it would sell that high, but it would - or, at least did. Ring sales have been much slower the last 2 weeks and price of zuni rings has absolutly crashed (and damn I've got an inventory full of em to off-load). Now I'm looking elsewhere to find new markets while trying to clear out my rings - even if I take a bit of a loss on the inventory I've made so much already that taking a 10% or even 15% loss won't "kill me". |
|
Posts: 248
Came to shine in after being semi away from D3.
Lately Ive been playing PoE alot and have just kept to RMAH selling on D3, who doesn't like real money? Haha. As of right now, Zuni Pox sales have officially died in my eyes as I have not sold any in the past week/2 weeks. If they do sell, there ones Ive had a long time and that I went from starting for $12.99 to 4.99. Only thing that are selling for me are Nat's rings here and there. Im currently sitting on about $42 bucks on the RMAH, not sure if I wanna convert any of it over etc. As for the RMAH dying, I dont think so. |
|
Posts: 58
@baccarat0809
I just want to reiterate that my block of text on the 2nd page is explaining one way to find a good price range for most items. I was not trying to say that the highest price that the item will sell for is the GAH equivalent, it is just a good starting place if you don't know what to price an item for or if the item isn't selling. What I mean by the gold equivalent is what you would need to price the item in order to buy its value in gold, after the AH cut. So with a 16m item, it would be priced at $5.00 so that after the AH cut you could buy 16m with the $4.00 left over. Since people were having issues with selling items on the RMAH, I was trying to point out that often times just the lowest price of a similar item on the RMAH is very misleading. Sometimes if the similar item on the RMAH has only been up for a few hours, you can undercut it slightly and your item will still sell quickly - but it's not usually good to rely on RMAH prices only. Of course, many flippers know their items well and know what they will sell for without checking prices of similar items on either the RMAH or GAH. If you have a tried and true pricing method for those items you know well, that's excellent and there's no reason to do anything differently. I should have pointed out in my first post that my advice was mostly pertaining to those who were trying to sell sniped items on the RMAH. Obviously if you bought an item on the GAH for its actual GAH value, you would gain nothing by trying to flip it on the RMAH for its gold equivalent. As @baccarat0809 pointed out, there are items out there that can be bought for the GAH value and sold for a considerable profit on the RMAH, but I think it's fair to say that this isn't the case with most items. If you can find these items, then you should definitely make the most of it by pricing the items above their gold value on the RMAH. I try to keep all my GAH auctions filled with flips to earn gold so I can use that profit to bid on good legendaries to sell on the RMAH. I strive to get all my legendaries at a big discount so using the gold value equivalent to find the price range for these items makes sense. With really high-end items I will try to mark the item up by around 25-30% past the gold equivalent, but then the items typically won't sell until I reprice them lower. I very rarely have issues selling items at the gold equivalent on the RMAH so it can be a good pricing point for some. |
|
Posts: 512
@arpger
I was just discussing this. I'm an idiot for pricing at the gold equivalent. While the math may say a 4m item is worth 2.00 on the RMAH, I'm an idiot for pricing this way, especially when you consider buying any radiant star gem at rmah price and selling it for gold value gets me 1m gold for around .15 now. That is the number that is breakeven in this current market, and you're competing with people who know this. Anywhere that you have a gah and rmah item equal at the .25 conversion rate, there is actually 40% profit margin for doing nothing other than buying and selling gems. With that being said, I'm still flying through items nightly. RMAH sales have been steady, but my favorite markets have crashed. Strongarm bracers with 70+ all resist used to have a 50-75% markup with an instant sale. Now it has pretty much evaporated. But I've found three more markets I can sell in, and since gold prices are falling through the floor, there is a lot of panic selling and good buys out there. Personally, when I buy an item on the gold auction house, I relist at at least twice its value. Buy an item for 2m, list for 1.99-3.99. Just make sure you're in a under served market with some demand. Personally, I stay out of top end markets. Cc cd and as rings and ammys? No thanks. Too much competition. Give me some level 15-20 rings or mid range legendaries and sets? Those sell all day. Also, I rarely buy any item on bid. Buyout only, for the same reason as everyone else. I'd rather play, and there is still plenty of opportunity. |
|
Posts: 58
Definitely in some markets, it does work well to overprice the item way over the price it should be and it will still sell. I take advantage of such markets whenever I find them and that is certainly the core of flipping. I will be honest and say that I haven't yet taken advantage of the lower gem prices on the RMAH and it is definitely the best choice for converting your BNET balance into gold assuming that the gems are constantly selling on the GAH. Given that the conversion rate is .15 per 1m, it would seem that pricing at the gold equivalent makes more sense than it did before prices dropped since every dollar you make goes further. If you have an item that's worth 4m on the GAH, and you sell it for $2.00 - you can then turn the $1 you get back into almost 7m by buying and selling gems before the 15% cut. If you were able to snipe that item for maybe 2m, then that's even better profit. As you were saying, if you pick a good market, you might be able to sell that 4m for maybe even $3 or $4. I wasn't looking at what kind of profit you could make with certain items, I was looking at generally what items will sell for on the RMAH - and I was just pointing out that it tends to be at this gold equivalent IF you were just buying gold at the artificial .25 floor. So, on average, that item that's worth 4m on the GAH will probably sell for about $2.00. Of course, if it's the right item, it might sell for a lot more which is what flippers generally take advantage of. I'm just saying that if a market seems to have crashed or if you sniped an item for cheap, you can usually get a good idea of its price by looking at the gold equivalent. I wasn't arguing against any flipping method/philosophy, I was just giving a tip that I use to find out the RMAH price of an item that I'm not familiar with.
|
|
Posts: 600
The only case people should use the GAH for pricing is when there is no item similar on the RMAH at all. If there's no similar item take the price GAH and add a large % cut on top of it.
The GAH and the RMAH are separate markets and the prices are different.. and that's the way as a community we need to keep it. |
|
Posts: 1059
If you're operating high velocity, then the GAH price allows you to undercut all other RMAH sellers that are pricing based on other RMAH buyouts that are ridiculously inflated. To say the markets and prices are different is true, but it also means there are market inequalities and opportunities for arbitrage. If you're just waiting on big slow sales, then go by the RMAH buyouts and sit on them for 10 days while the gold market bottoms out. If you're trying to flip a lot of items looking at only 20% ROI after AH cuts, there are going to be opportunities while everyone else on the RMAH is aiming for much larger ROI while their GAH purchases devalue 20% each week. |
|
Posts: 512
Spot on. |
|
Posts: 38
So good news is rmah is alive & ticking. Question though does anyone buy tos or subtle in rmah? Or actually does anyone had successful sales on these items? Cheers.
|
|
Posts: 551
I don't know about the US side.
But personally my RMAH sales has come to a stand-still on EU side. Futhermore I noticed (for example) 4 identical top-end Natalya's Reflection listed on RMAH. So duping is still happening, and its killing the sale of non-perfect items. |
|
Posts: 600
I didn't have anything listed over the weekend, but re-listed on Monday and haven't sold a thing yet!
|
|
Posts: 376
Sold 3 low end zuni pox rings yesterday. $1.25, $1.41 and $1.49. None of the high end rings sold yesterday.
Also went back into the spectrum market as a test. Bought a 693 dps blade for $40 and now have it listed for $80+ as its the 2nd highest damage blade on the market now on the RMAH - and I'm significantly undercutting the #1 blade - so hopefully somebody looking for a "bargain" will pick this up. I noticed that the black damage high dps spectrum blades had basically disappeared over the last week or so ... don't know if it was one person buyiing trying to capture market or if there was a rush on the blades, but 2 weeks ago there was around 8 of them, now only 1 of them is showing up. Back to the drawing board folks - that is after I get rid of my inventory of zuni rings - and I've got about another 50 of them to go .... man, did I overbuy those rings. |
|
Posts: 512
I'm in the market for some high end Zuni rings if you're willing to strike a deal....
|
|
Posts: 600
I'm looking out for CC zuni's as well for my WD but have to be 4+ CC and other sexy mods, not plain 80 int +40 poison resist ;)
|
|
Posts: 376
@ninjax
Those zuni rings with cc have dropped drastically these last 2 weeks. I saw a 6% ring going for like $19 - those were all $50 min last week. Hell,I had to drop my price huge on the one I found as it never sold, even after I put in the largest topaz $$ could buy to up the intelligence on the ring. |
|
Posts: 600
Yup... pox pricing for CC rings has been nuts. I'm glad I sold a 4.5 CC with nice ave damage + armor for 25$ a couple weeks back. It'd be worth half that right now.. I actually put it up and hoped it wouldn't sell so I could use it!
|
|
Posts: 38
So what is selling nowadays? Drop in prices? These things drop faster than the stock market hahaha.
|
|
Posts: 1059
In the U.S., at least stocks are at record levels. We only wish the Diablo 3 market were as good as the stock market. ;-) |
|
Posts: 38
Where there is wish & hope there will be a chance of happening hopefully though cheers.
|
|
Posts: 1195
Nat's rings still selling in the $1.80 to $3.00 range.
|
|
Posts: 30
It took about 2 weeks, but sold this trifecta for 40M...not great, but at least it was a profit...it didnt even move at all on RMAH...nothing has sold for me here save for 1 Cain's Laurel and I got a whopping $1....at least I only paid 100k for it lol |
|
Posts: 600
I haven't had anything listed over past 2 weekends only week days but I had 2 sales last night, my first in 2 weeks.
|
|
Posts: 376
I've had 2 sales in the past 4 days on the RMAH - all 4 of them $1.25 each selling off some old, crappy zuni's. Surprised they even moved given the fact there's about 25 of them listed at that price. Slowly - very slowly, I'm working off the rest of these rings then I'll move into something else - not sure what, but damn, even the 180+ intelligence rings aren't moving now
|
|
Posts: 38
How are sales nowadays?
|
23 users posted in this thread: arpger, baccarat0809, Baldy, BAZTA, Bort, cann, eastdragon42, ecocd, eleganthobo, h311o, ka5an0va, Khan, Lightshunner, MaximumStock, Mehsiah, Metta, MrFox, ninjax, nuhertz, Pastamon, Raulz0r, rimmi2002, SlipryChiken